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1529 Otto Boulevard
Chicago Heights IL 60411 US

$309,873

Active Under Contract Listing ID 12276733
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$309,873

Active Under Contract Listing ID 12276733
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1529 Otto Boulevard 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.)

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Property Features

  • Facts
  • Property Type: Commercial Sale
  • Property Sub-type: Other
  • Features
  • Roof Type: Tar/Gravel

Property

  • propertytype: Commercial Sale
  • propertysubtype: Other
  • listprice: 309873
  • unparsedaddress: 1529 Otto Boulevard
  • postalcity: Chicago Heights
  • stateorprovince: IL
  • country: US
  • postalcode: 60411
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeunits: Acres
  • livingarea: 5056
  • livingareaunits: Square Feet
  • listagentfullname: Thomas Domasik
  • listagentemail: thomasdomasik@gmail.com
  • listagentkey: 3yd-MREDIL-604224
  • listagentmlsid: 604224
  • listagentpreferredphone: 7089230900
  • listagentofficephone: 7089230900
  • listofficekey: 3yd-MREDIL-21196
  • listagentstatelicense: 475129362
  • listofficemlsid: 21196
  • disclaimer: Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MREDIL
  • yearbuilt: 1904
  • listingcontractdate: 2025-01-25
  • countyorparish: Cook
  • parcelnumber: 32204110100000
  • constructionmaterials: Brick
  • numberofunitstotal: 8
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • roof: Tar/Gravel
  • waterfrontyn: False
  • franchiseaffiliation: RE/MAX International
  • architecturalstyle: Other
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: False
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Remax 10", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"thomasdomasik@gmail.com", "ListBrokerageCity":"Oak Lawn", "ListBrokerageCountry":"US", "ListBrokerageEmail":"mybrokerval@yahoo.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"Remax 10", "ListBrokeragePhone":"(708) 857-1500", "ListBrokeragePostalCode":"60453", "ListBrokerageStateOrProvince":"IL", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"9909 Southwest Highway", "ListBrokerageWebsiteUrl":null, "ListOfficeAddress1":"9658 W 131st Street.", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"608233", "ListOfficeCity":"Palos Park", "ListOfficeCountry":"US", "ListOfficeEmail":"MsFinest1@aol.com", "ListOfficePostalCode":"60464", "ListOfficeStateOrProvince":"IL", "ListPriceCurrencyType":"USD", "ListingTitle":"Commercial Sale - Chicago Heights, IL", "ListingURL":"https://listings.listhub.net/pages/MREDIL/12276733/?channel=rexren", "MLSModificationTimestamp":"2025-02-10T13:23:01Z", "Neighborhoods":[{"Description":null, "Name":"Chicago Heights"}], "PostalCode":null, "RawPropertySubType":null, "RawPropertyType":"Commercial Sale", "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":9292.61, "TaxDescription":null, "TaxYear":"2023"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 2/10/2025 8:08:54 PM GMT
Source Updated Date: 2/28/2025 6:48:46 AM GMT

Courtesy of: Thomas Domasik, RE/MAX 10 in the Park, thomasdomasik@gmail.com

Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.