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
Chicago Heights, IL 60411,1529 Otto BLVD
Chicago Heights, IL 60411,1529 Otto BLVD
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$320,000

$309,873

3.3%
Est.Price: ?

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Est. payment /mo

5,056 SqFt


SOLD DATE : 05/13/2025

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

Level or Stories 2

Structure Type Brick

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

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Name

Phone*

Message

Jasmine Greer

+1(708) 404-2629

old-1746778609127-jasmine@jasminesellshouses.com