About This Home

This 3-bedroom, 2-bathroom residential multi family at 1419 Otto Boulevard in Chicago Heights, IL is listed for $119,900. Built in 1911, on a N/A lot.

Key Features

  • Built in 1911
  • 1 parking spaces

Property Details

2 full
1-car garage
1911
Listing Description

ATTENTION INVESTORS & BRRRR STRATEGISTS | CASH / HARD MONEY ONLY (NO FHA) Prime value-add brick multi-family in a high-demand Chicago Heights rental corridor! Ideal BRRRR candidate (Buy, Rehab, Rent, Refinance, Repeat) with massive potential to force equity and maximize post-rehab cash flow.

Strategy: Solid brick building needing cosmetic TLC-rehab to capture top-of-market rents and refinance out capital. Location: High-density rental pocket with tight multi-family inventory. Terms: Sold strictly AS-IS. Cash or private/hard money required. Tenant-occupied.

Monthly Cost Estimate

$641/mo

20% down · 6.5% · 30 years

Principal$87
Interest$520
Insurance$35

Estimates only. Actual payments may vary.

Location

1419 Otto Boulevard

Chicago Heights, IL 60411

Property Details

Construction

Aluminum Siding Vinyl Siding Steel Siding

Parking

Garage

Heating

Natural Gas

Questions & Answers

This 3-bedroom, 2-bathroom residential multi family at 1419 Otto Boulevard is listed at $119,900. The estimated monthly payment is $641 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1911, 1 parking spaces.

This property is listed by Melinda Jordan.

MJ

Melinda Jordan

Agent at Jameson Real Estate LLC

Listed by Jameson Real Estate LLC · Broker phone: (312) 335-3291 · View on Broker Site · Broker website

MLS# 12730187· Source: Midwest Real Estate Data, LLC· 80 days on PropertySimple

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1419 Otto Boulevard, Chicago Heights, IL 60411

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