Amber Bruce

100 W 19th Street Chicago Heights, IL 60411 Multi Unit - Multiple Active

  • 100 W 19th Street, Chicago Heights, IL 60411 Main Photo

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Description

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.

Property Highlights

Property Type: Multi Unit - Multiple

General Information

Bedrooms: 6
Bathrooms: 4
County: Cook
Listed By:
eXp Realty 888-574-9405
MRED MLS
$380,000
Est. $2,487/mo
6beds
4baths
2cars
Active
BEDS6 BATHS4 full MLS#12684000
STATUSActive PROPERTY TYPEMulti Unit - Multiple SCHOOLDistrict 206

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100 W 19th Street, Chicago Heights, IL 60411.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $380,000$380,000$380,000
Down Payment $76,000$13,300$95,000
Monthly Mortgage Amount $1,847$2,267$2,348
Taxes $529$529$529
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$167$0
Monthly Estimated Total $2,487$3,074$2,988

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