About This Home
This 6-bedroom, 4-bathroom residential multi family at 100 W 19th Street in Chicago Heights, IL is listed for $380,000. Built in 1904, on a N/A lot.
Key Features
- Built in 1904
- 8 parking spaces
Property Details
ATTENTION INVESTORS: TURNKEY MULTI-FAMILY WITH MAJOR CASHFLOW! This fully occupied 4-unit investment property in Chicago Heights is a certified cash cow, boasting a phenomenal 11.5% Cap Rate (at a conservative 35% expense ratio) and generating a powerful $5,650 in total monthly gross rent.
The unique, high-yield layout features 6 bedrooms and 4 bathrooms in total, split between a solid 3-unit main building and a highly desirable, private 1-unit coach house situated above the rear garage. Every single unit has been newly renovated with crisp, modern finishes and a clean look that commands top-tier area rents: Unit 1 is a massive 3-bed
/1-bath rented at $1,800/mo, Unit 2F is a 1-bed/1-bath at $1,300/mo, Unit 2R is a 1-bed/1-bath at $1,100/mo, and the ultra-private Coach House is a 1-bed/1-bath at $1,450/mo. With all tenants paying their own separate electric and gas utilities, this property minimizes landlord overhead and provides an unbeatable, immediate addition to your portfolio.
Monthly Cost Estimate
$2,032/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
100 W 19th Street
Chicago Heights, IL 60411
Property Details
Construction
Pool Features
Parking
Heating
Questions & Answers
This 6-bedroom, 4-bathroom residential multi family at 100 W 19th Street is listed at $380,000. The estimated monthly payment is $2,032 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1904, 8 parking spaces.
This property is listed by Michael Scanlon and can be reached at (888) 574-9405.
