Chicago Heights, IL 60411,1529 Otto BLVD
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Chicago Heights, IL 60411,1529 Otto BLVD
Chicago Heights, IL 60411,1529 Otto BLVD
Chicago Heights, IL 60411,1529 Otto BLVD
Chicago Heights, IL 60411,1529 Otto BLVD
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$ 309,873
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Active Under Contract

1529 Otto BLVD Chicago Heights, IL 60411

5,056 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family 5+

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 5,056 sqft

Price per Sqft $61

MLS Listing ID 12276733

Year Built 1904

Annual Tax Amount $9,292

Tax Year 2023

Lot Dimensions 25X88X26X79

Property Sub-Type Multi Family 5+

Property Description

Complement your investment portfolio with this solid brick 8-unit apartment building, owned by a long-term owner. Featuring highly desirable, easy-to-rent all 1-bedroom 1 bath units, the property has long-term tenants and excellent rental potential. The full basement offers coin-operated laundry facilities and additional storage space, currently utilized by the owner. Key updates include a 5-year-old roof, a 6-year-old water heater, and low-maintenance vinyl windows throughout. Each unit also has individually controlled thermostat. With tenants responsible for their own electricity, this property presents a cost-efficient investment opportunity. Nestled in a prime location close to all major amenities, it's a must-see! Don't miss out on the chance to own this exceptional income-generating asset! (Please note that the price includes the buyer being responsible for completing any city-mandated sale inspection repairs.)

Location

State IL

County Cook

Area Chicago Heights

Zoning MULTI

Interior

Cooling None

Fireplace N

Exterior

Utilities Available Water to Site

Roof Type Tar/Gravel

Building

Dwelling Type Multi Family 5+

Level or Stories 2

Structure Type Brick


Midwest Real Estate Data (MRED) IDX
Listed by Thomas Domasik • RE/MAX 10 in the Park
agent

Kimberly Zahand

+1(630) 215-6063

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1529 Otto BLVD