Chicago Heights, IL 60411,1529 Otto BLVD
Chicago Heights, IL 60411,1529 Otto BLVD
Chicago Heights, IL 60411,1529 Otto BLVD
12
$320,000
$309,873
3.3%
Est.Price: ?

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5,056 SqFt

1529 Otto BLVD Chicago Heights, IL 60411

Est. payment /mo
SOLD DATE : 05/13/2025

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Key Details

Sold Price $320,000

Property Type Multi-Family

Sub Type Multi Family 5+

Listing Status Sold

Purchase Type For Sale

Square Footage 5,056 sqft

Price per Sqft $63

MLS Listing ID 12276733

Sold Date 05/13/25

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

Rooms

Basement Partially Finished

Interior

Cooling None

Fireplace N

Exterior

Utilities Available Water Available

Roof Type Tar/Gravel

Building

Structure Type Brick

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Midwest Real Estate Data (MRED) IDX
Listed by Thomas Domasik of  RE/MAX 10 in the Park 
Bought with Noe Fragoso of PAK Home Realty

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Sherry Davis

Sherry Davis

License ID: 265248

+1(262) 758-4176

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