Corcoran Urban Real Estate
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9 Properties Within 0.5 miles of: 394 W Lincoln, Chicago Heights
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394 W Lincoln
Chicago Heights, IL 60411

  • Built In 1926
Price

$575,000

Est Payment
$4,307 / month (details)  
Taxes
$15,107  
Type
Multi Family 5+  
Sq. Ft.
n/a  
Lot Size
118X128  
Built
1926  
Neighborhood
Chicago Heights  
MLS
#12508697
Status
Active (1 day)

Property Description

Newly rehabbed 5 unit building with extremely strong rents! Boasting an 8.43% cap rate providing 10.09% cash on cash return, this is a strong turnkey investment. This building has been turned over and updated over the last year with new/refinished flooring through most of the apartments, fresh paint, new or freshened up cabinets, several updated bathrooms, several updated countertops, and exterior updates/repairs. Plenty of parking and large floorplans make this an easy to rent building.

Property Map

Property Details

Utilities

  • Heating
  • Cooling Window Unit(s)
  • Water
  • Sewer

Additional Information

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Principal & Interest
$0
Property Tax
$0
Assessments
$0
Home Insurance
$0
Mortgage Insurance
$0

Listing History

10-31-2025 Listed at $575,000
Last Modified 10/31/25 4:37 PM

Nearby Transportation

  • Hwy 57 4.0 mi
  • Hwy 394 South 4.0 mi
  • Hwy 394 North 4.3 mi
  • Hwy 57 4.3 mi
  • I 294 South 4.9 mi
  • I 80 East 4.9 mi
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