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2720 Chicago Road, South Chicago Heights, IL 60411
$237,000
2720 Chicago Road, South Chicago Heights, IL 60411View this property at 2720 Chicago Road, South Chicago Heights, IL 60411
2720 Chicago RoadSouth Chicago HeightsIL60411
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Property Description
Welcome to this exceptional mixed-use property that offers a unique opportunity to have your mortgage covered by tenants, making it a wise investment for both homeowners and investors alike. This versatile property includes two spacious three-bedroom apartments, ensuring a steady rental income to help offset your mortgage costs. Main Features: Two Updated Three-Bedroom Apartments: Each unit boasts generous living spaces and modern updates, ensuring a comfortable and attractive living environment for potential tenants, allowing you to command higher rental rates. Income-Generating Potential: With the ability to rent out both apartments, you can effortlessly cover your mortgage payments, making this property an ideal investment. Enjoy financial flexibility and security while residing on the property. Two-Car Garage Rental: The property includes a convenient two-car garage that can be rented separately, providing an additional source of income and increasing your overall revenue potential. Abundant Parking: The property offers ample parking for both tenants and their guests, ensuring convenience and ease of access for all residents. This mixed-use property is strategically designed to maximize potential revenue, making it an attractive investment opportunity. Don't miss out on the chance to let this property work for you, offering a comfortable living space with the added benefit of mortgage relief through rental income. Arrange a viewing today to explore the income-generating potential and unique features of this fantastic property.
Full Property Details
Full Property Details for 2720 Chicago Rd
General
- Sold For: $237,000
- Taxes: $7,140 (2022)
- Status: Closed
- Type: Multi-Family
- MLS ID: 11889268
- Added to Site: 264 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 4
Bedrooms
- Total Bedrooms: 6
Parking
- Garage: Yes
- Garage Ownership: Owned
- Garage Spaces: 2
- Total Spaces: 2
- Parking Type: Garage
Location
- Area: South Chicago Heights
- County: Cook
- Driving Directions: Sauk Trail, to Chicago Rd, on the west side
School Information
- School District: 170
- Midd School District: 170
Heating & Cooling
- Heating Type: Natural Gas
Utilities
- Water: Public
Structural Information
- Exterior Const.: Vinyl Siding
- Basement Desc.: None
- Built Before 1978: Yes
- Remodeled/Updated: 2018
Unit Information
- Units in Building: 3
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 25 x 168 x 24 x 1666
Financial Considerations
- Tax Amount: $7,140.03
- Tax Year: 2022
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 32294120360000
Listed and Sold by Re/Max 10
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Schools
Schools serving 2720 Chicago Rd
School Districts:Chicago Heights Sd 170, Bloom Township Hsd 206
Rating | Name | Grades | Distance |
---|---|---|---|
2712 Miller Ave, S Chicago Hts, IL 60411 | K-8 | 0.1 mi | |
101 W 10th St, Chicago Hts, IL 60411 | 9-12 | 1.8 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2720 Chicago Rd
Date
Details
Price
Change
Source
5/24/2024
Sold
$237,000
-0.84%
MLS
12/29/2023
Price Reduced
$239,000
-4.4%
MLS
9/19/2023
Listed
$250,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
2720 Chicago Road, South Chicago Heights, IL 60411 (MLS# 11889268) is a Multi-Family property that was sold at $237,000 on May 24, 2024. Want to learn more about 2720 Chicago Road? Do you have questions about finding other Multi-Family real estate for sale in South Chicago Heights? You can browse all South Chicago Heights real estate or contact a Coldwell Banker agent to request more information.