ClosedPrice Reduced

$239,000

$250,000
2720 Chicago Road, South Chicago Heights, IL 60411
6 Beds4 Baths82 days
2720 Chicago Road·South Chicago Heights, IL 60411
6Bedrooms
4Bathrooms
About This Home

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.

MLS# 11889268Listed September 19, 2023Residential Income
Property Details

Beds & Baths

Total Bedrooms6
Total Bathrooms4
Total Rooms14

Size & Structure

Garage Spaces2
Lot Size25X168X24X1666

Location

CountyCook
TownshipBloom
Zip Code60411

Financial

List Price$239,000
Original Price$250,000
Annual Taxes (2022)$7,140
Monthly Tax Est.$595
Parcel #32294120360000
Interior Features

Heating

Natural Gas

Basement

None
Exterior & Lot

Construction

Vinyl Siding
Utilities & Parking

Sewer

Public Sewer

Water Source

Public

Parking

On SiteGarage OwnedDetachedGarage
Tax & Financial
Annual Taxes
$7,140
Tax Year 2022
Monthly Tax Est.
$595
per month
Price Reduced by $11,000
Original list price: $250,000
Property Location

2720 Chicago Road, South Chicago Heights, IL 60411Cook County

$239,000
2720 Chicago Road
6 bd4 ba
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
82 days on market
2-car garage
25X168X24X1666
$7,140/yr taxes
Price reduced $11,000
$1,851
estimated monthly payment
Principal & Interest
$1,256/mo
Property Tax
$595/mo
$239,000
20% — $47,800
3%50%
6.875%
3%12%
Loan Amount
$191,200
Down Payment
$47,800

* Estimated payment only. Actual rates, taxes, and insurance may vary. Contact a lender for a personalized quote.

Listed by
RE/MAX 10
Agent: Andretta Robinson
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