About This Home

This 5-bedroom, 2-bathroom residential multi family at 150 E 22nd Street in Chicago Heights, IL is listed for $200,000. Built in 1913, on a 0.07 acres lot.

Key Features

  • Built in 1913
  • 0.07 acre lot
  • 4 parking spaces

Property Details

2 full
4 spaces
1913
Listing Description

Opportunity awaits with this well-maintained two-unit property situated on a quiet residential block in Chicago Heights. The first-floor unit features 2 bedrooms and 1 bathroom, while the second-floor unit offers 3 bedrooms and 1 bathroom. Tenant and Lease Details Both units are occupied by long-term tenants, providing rental income from day one.

* Unit 1 | First Floor: 2 bedrooms, 1 bathroom. Currently rented for $1,000 per month on a month-to-month basis. * Unit 2 | Second Floor: 3 bedrooms, 1 bathroom. Currently rented for $1,100 per month with a one-year lease in place. Investment Income Summary * Total Monthly Rental Income: $2,100 * Rental Income Potential: Current rents are below market value, offering an opportunity to increase income over time.

Whether you're looking to live in one unit while renting out the other or expand your real estate investment portfolio, this property offers flexibility and room to grow. Conveniently located near shopping, expressways, and public transportation, the property offers easy access to everyday amenities and commuting options.

Some TLC is needed, presenting an opportunity to add value and maximize its potential. Priced to sell! Take advantage of this opportunity to invest in a two-unit property with established tenants and future income potential. Schedule your showing today!

Monthly Cost Estimate

$1,070/mo

20% down · 6.5% · 30 years

Principal$145
Interest$867
Insurance$58

Estimates only. Actual payments may vary.

Location

150 E 22nd Street

Chicago Heights, IL 60411

Property Details

Construction

Brick

Outdoor Features

Porch

Parking

Owned

Heating

Natural Gas

Questions & Answers

This 5-bedroom, 2-bathroom residential multi family at 150 E 22nd Street is listed at $200,000. The estimated monthly payment is $1,069 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1913, 0.07 acre lot, 4 parking spaces.

This property is listed by Dominique Morgan.

DM

Dominique Morgan

Agent at Keller Williams Chicago ONEChicago

Listed by Keller Williams Chicago ONEChicago · Broker phone: (312) 216-2422 · View on Broker Site · Broker website

MLS# 12792476· Source: Midwest Real Estate Data, LLC· 6 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.

150 E 22nd Street, Chicago Heights, IL 60411

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