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photo of Nikki Mayer
Nikki Mayer
Hometown Real Estate
7700 W. Belmont Ave
Chicago , IL 60634
Phone:
888 317 9983
Fax:
773 664 0013
Mobile:
708 268 2313
infohometown@gmail.com

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1529 Otto Boulevard
Chicago Heights, IL 60411
Cook, US
$309,873.00 listing calculator
Status: Active (For Sale)
Type: Commercial
Year Built: 1904
MLS ID: 12276733


Overview
Photos (12)
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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.)

Courtesy Of: RE/MAX 10 in the Park


Feature Highlights


  • Built Before 1978

General Features


List Date:
01/25/2025

Interior Features


Basement Description:
Partially Finished

Exterior Features and Amenities


Lot Size Dimensions:
25X88X26X79

Financial


Days On Market:
6
Tax Annual Amount:
$9,292.61
Tax Year:
2023


Directions


RD 30 to Otto Blvd, South to home

Availability Calendar


- Available - Unavailable

Rental Rates


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The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of MRED LLC. Real Estate listings held by brokerage firms other than Hometown Real Estate are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data last updated: 2025-02-08
.

Copyright 2025 MRED LLC

The information presented here is deemed reliable, though not guaranteed.
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