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0 Beds
5,000 sqft

$350,000

201 E 25th Street, Chicago Heights IL, 60411

Price per sqft$70.00
Built in1925
Property size5,000 sqft
Property typeMulti-family
Listed by Michael Scanlon with eXp Realty (773) 630-9205

Overview

Active

New

Listed Nov 5, 2026

Updated 6h ago

Pursuant to short sale; subject to lender approval. 7-unit brick multifamily in Chicago Heights, offered at $350,000 ($50,000 per unit) well below fair market value. Unit mix is three 3BR/1BA, two 2BR/1BA and two 1BR/1BA. Four of seven units currently pay rent, totaling $5,150/month, a 7.14% cap rate on current collections. One unit is vacant and two are occupied but not currently paying. With all seven units leased at market rent ($9,300/month), pro forma NOI is $68,315, a 19.52% cap rate at list price. Each unit has its own gas forced-air furnace and gas meter, and tenants pay heat. Detached two-car garage on a separate PIN, concrete drive and fenced yard. Current annual tax bill is $9,619. Full offering memorandum with rent roll, financials and comps available on request.

$2,329/mo

Est. mortgage payment based on a $350,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Other Property Details

Taxes
$19,335
Tax Frequency
Annually
Municipality
Bloom
MLS provider logo

Listed by Michael Scanlon with eXp Realty (773) 630-9205

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Data is refreshed every 3 hours. Listing last updated 8:10 AM UTC on 11/7/2026. 

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