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Image 1 - 1227 Otto Blvd, Chicago Heights, Illinois, 60411 - House for sale
Image 2 - 1227 Otto Blvd, Chicago Heights, Illinois, 60411 - House for sale
Image 3 - 1227 Otto Blvd, Chicago Heights, Illinois, 60411 - House for sale
Image 4 - 1227 Otto Blvd, Chicago Heights, Illinois, 60411 - House for sale
Image 5 - 1227 Otto Blvd, Chicago Heights, Illinois, 60411 - House for sale
Image 6 - 1227 Otto Blvd, Chicago Heights, Illinois, 60411 - House for sale
Image 7 - 1227 Otto Blvd, Chicago Heights, Illinois, 60411 - House for sale
Image 8 - 1227 Otto Blvd, Chicago Heights, Illinois, 60411 - House for sale
Image 9 - 1227 Otto Blvd, Chicago Heights, Illinois, 60411 - House for sale
Home For Sale In Chicago Heights, Illinois
1227 Otto Blvd, Chicago Heights, Illinois, 60411

Home For Sale In Chicago Heights, Illinois

house for sale
Listed: 05/13/24

1227 Otto Blvd, Chicago Heights, Illinois, 60411

6 Bed:
2 Bath:
Save
Price
$ 169,000

About This House

Introducing an excellent investment opportunity in Chicago Heights! This well-maintained 2-flat property is ideal for savvy investors looking to add to their portfolio. Each unit features leases expiring in January 2025 and November 2024 respectively, ensuring immediate rental income for the new owner. With a combined monthly rent totaling$2, 400,this property offers a steady cash flow from day one. Convenience and reliability are paramount, as tenants enjoy the comfort of their own spaces while contributing to the property's profitability. Additionally, the yearly taxes amount to$5, 573,offering a favorable financial outlook for potential buyers. Whether you're a seasoned investor or exploring your first venture into real estate, this property presents an attractive opportunity in a thriving rental market. Don't miss your chance to capitalize on this lucrative investment in Chicago Heights!

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Chicago Heights Housing & Living

Household Income

Median household income: $45,843
Number of households: 10,372
The average household income in Chicago Heights, IL grew from $40,611 to $45,843 in the past year. This data is an estimate based upon 10,372 households in Chicago Heights, IL.
The chart below presents how household income is distributed in Chicago Heights, IL in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Chicago Heights, IL compared to median property taxes around the country. The prevalent amount of property taxes in Chicago Heights, IL equals $3k+ , which is more than the national average.