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1227 Otto Boulevard, Chicago Heights, IL 60411

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For Sale

$169,000

6 beds

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • Over 50 Years Old
    Age

Explore this Property

Introducing an excellent investment opportunity in Chicago Heights! This well-maintained 2-flat property is ideal for savvy investors looking to add to their portfolio. Each unit features leases expiring in January 2025 and November 2024 respectively, ensuring immediate rental income for the new owner. With a combined monthly rent totaling $2,400, this property offers a steady cash flow from day one. Convenience and reliability are paramount, as tenants enjoy the comfort of their own spaces while contributing to the property's profitability. Additionally, the yearly taxes amount to $5,573, offering a favorable financial outlook for potential buyers. Whether you're a seasoned investor or exploring your first venture into real estate, this property presents an attractive opportunity in a thriving rental market. Don't miss your chance to capitalize on this lucrative investment in Chicago Heights!
MLS# 12052723

Courtesy Of Realty One Group Excel

(630) 239-7400

Property Features

  • Age
    Over 50 Years Old
  • Architecture Style
    Other
  • Exterior Type
    Aluminum Siding
  • Heating Fuel
    Natural Gas
  • Heating System
    Forced Air
  • Lot Size
    0.12 Acres
  • Roof Type
    Unknown
  • Rooms
    Bedroom

Map and Directions

Directions to 1227 Otto Boulevard, Chicago Heights, IL 60411

Home seller CENTURY 21 S.G.R., Inc.

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 S.G.R., Inc.

(312) 326-2121
Learn More About Us

Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
    $0
  • Property Taxes
    $0
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $0

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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