Excellent opportunity for an owner occupant or investor looking for a two-unit property with solid income potential. Each spacious unit offers a comfortable layout with separate entrances and hardwood floors throughout. The first-floor unit includes four bedrooms and two baths, ideal for a large household or live-in owner. The second-floor unit features two bedrooms and one bath, perfect for extended family or additional rental income. The property is currently owner-occupied and will be delivered vacant at closing, making it ready for immediate occupancy or tenant placement. Estimated market rents range from approximately $1,800-$2,500 per month for the main unit and $1,100-$1,600 per month for the upper unit, depending on the level of improvements and finishes. With both units leased, the projected total gross monthly income could range from $2,900-$4,100, offering excellent potential cash flow and long-term appreciation. The full basement provides added storage and includes laundry connections. A detached two-car garage and screened porch add convenience and functionality. The property needs repairs and is being sold as-is. Buyer will be responsible for any required village repairs per the City of Chicago Heights point-of-sale inspection. Located near schools, shopping, and commuter access, this property offers an ideal blend of value, flexibility, and income opportunity. Whether you're seeking a home to occupy while offsetting your mortgage or expanding your investment portfolio, this two-flat presents strong potential in a growing market.
Chicago Heights, IL 60411, is a 6 bedroom Multi Family built in 1925.
This property is currently available for sale and was listed on Mainstreet REALTORS® on 11-11-2025.
The MLS# for this Multi Family is MLS# MRD12506567.
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