3229 Commercial Avenue, South Chicago Heights, IL, 60411

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$775,000
34 Days On Site

3229 Commercial Avenue
South Chicago Heights, IL 60411

For Sale|Multi Family|Active
0
Beds
0
Total Baths
1969
Built
County:
Cook
Listing Courtesy of MRED as distributed by MLS Grid of Coldwell Banker Real Estate Group
Call Now: 877 582 4399
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877 582 4399
3229 Commercial Avenue3229 Commercial Avenue3229 Commercial Avenue3229 Commercial Avenue
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Don't miss this incredible fully leased investment opportunity! This hard to find 7 unit building is over an 8 cap at the list price. No deferred maintenance and below market rents combine to create tremendous value add potential. With seven total units rent increases to market value and further increases over time will have an exponential effect on value. All of the apartments are desirable 2 bedroom units with a spacious family room. Coin op laundry and storage are available in the basement. One apartment has just been updated with quartz counter tops, new appliances and bathroom fixtures (rented immediately!). Other updates include new windows, new appliances, new exterior lighting and the fire safety system has been updated. New 10 year smoke and CO detectors were just installed. Low to no vacancy history. Restaurants, national retailers and the Jewel grocery store are all within walking distance make renting apartments a breeze. There are 7 onsite parking spaces and unrestricted on street parking. Don't wait, opportunities like this don't come often!

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Listing Snapshot
Price 
$775,000
Days On Site 
34 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
1969
MLS® Number 
12513857
Status 
Active
Property Tax 
$9,910
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
3 weeks agoListing updated with changes from the MLS®
4 weeks agoStatus changed to Active
a month agoListing first seen on site
General Features
Number Of Stories 
3
Property Sub Type 
Multi Family
Zoning 
MULTI
Interior Features
Basement 
Unfinished
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Exterior Features
Construction Details 
Brick
Community Features
MLS Area 
South Chicago Heights
Listing Courtesy of MRED as distributed by MLS Grid of Coldwell Banker Real Estate Group

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Based on information submitted to the MLS GRID as of 2025-12-14 05:25 AM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Last checked: 2025-12-14 05:25 AM UTC
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Neighborhood & Commute
Source: Walkscore
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