List Price $5,500,000

97 apartments · 1 office · 100+ parking spaces · 77,300 sf

The subject property consists of 97 apartments and one office space, totalling 77,300 net rentable square feet, with over 100 parking spaces on-site. This property is a rare, value-add opportunity with significant upside in rents and stabilization through reducing vacancies. The subject property is less than a minute walk to the 366 Pace bus stop, and a 10-minute walk to Pace 357 bus stop. The property is also a five-minute drive to the 211th Street Metra Train Stop, offering easy access to downtown Chicago.

  • Rare Multifamily Opportunity in Chicago Heights, IL

  • Massive Value-Add Potential

  • Major Upside in Rents and Leasing

  • Recent Capital Improvements Include New Roofs, Windows, and Several New Boilers

  • Excellent Unit Mix of Studios, One, Two and Three-Bedrooms

  • 100+ On-Site Parking Spaces

  • Located in a Quiet Residential Area of Chicago Heights

  • Within Walking Distance of Several Elementary Schools and Two High Schools, Including Marian Catholic High School