1,502 Sq. Ft.
$155 / Sq. Ft.
1,502
Sq. Ft.
$155
per Sq. Ft.

Description

Investor alert! Fully rehabbed in 2025, this turnkey, income-producing 2 flat at 40 W Main St in Chicago Heights is the definition of low-maintenance investing. Whether you're expanding your portfolio or looking for the perfect house hack, this property is ready to generate returns from day one. Each unit has been completely updated with fresh paint, new wide plank luxury vinyl flooring, and modern lighting throughout. The brand new kitchens feature timeless shaker cabinetry, sleek quartz countertops,...Investor alert! Fully rehabbed in 2025, this turnkey, income-producing 2 flat at 40 W Main St in Chicago Heights is the definition of low-maintenance investing. Whether you're expanding your portfolio or looking for the perfect house hack, this property is ready to generate returns from day one. Each unit has been completely updated with fresh paint, new wide plank luxury vinyl flooring, and modern lighting throughout. The brand new kitchens feature timeless shaker cabinetry, sleek quartz countertops, and ample storage. Both units offer two spacious bedrooms and a fully renovated full bath with stylish, contemporary finishes. The functional layouts provide comfortable living spaces designed to attract and retain quality tenants. The major mechanicals and big-ticket items were all replaced in 2025, including new furnaces, AC condensers, a roof, water heaters, and windows, which provides peace of mind and minimizes future capital expenses. A rear parking pad with space for up to three vehicles adds convenience and strong tenant appeal. This is a true plug-and-play investment opportunity for savvy investors and owner-occupants alike!
  1. Listed by Melissa Kingsbury • Redfin Corporation
    P: (312)-480-1350 melissa.kingsbury@redfin.com

Property Details for 40 West Main Street

Area
Chicago Heights
Township
Bloom
Ownership
Fee Simple
Num Of Parking Spaces
3.0
Parking Included in Price
Yes
Heat/Fuel
Natural Gas
LISTING UPDATED: 04/26/2026 11:27 AM

Property Details for 40 West Main Street

StatusContingent
MLS #12619771
Days on Market29
Taxes$2,982 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeTwo to Four Units / 2 Flat
Year Built1891
Lot Size0.08 AC / 3,484 SF
CountyCook County

Location

Listing Courtesy of Redfin Corporation
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Building Information for 40 West Main Street

Stories-Residences2Year Built1891Building Size-Lot Size0.08 AC / 3,484 SF

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$1,422 per month

30 year fixed, 6.46% Interest

Principal and Interest

$1,173

Property Taxes

$249

HOA Dues

$0

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Property Information for 40 West Main Street

General Information
School Information
  • Elementary School District: 170
  • Elementary School: Mckinley Elementary School
  • Jr High Middle School: Mckinley Elementary School
  • High School District: 206
  • High School: Bloom High School
  • Middle Or Junior School District: 170
Addtl Parking Information
  • Parking Details: Off Alley, Garage Faces Side, Yes, Owned
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Num Of Rooms: 8
  • Bedrooms Total: 4
  • Bedrooms (Below Grade): 0
  • Community Features: Curbs, Sidewalks, Street Lights, Street Paved
  • Basement Type: None
  • Bedrooms Possible: 4
  • Basement Bathrooms: No
  • # Full Baths in Building: 2
  • # Half Baths in Building: 0
  • Num of Baths: 2.0
Utilities / Equipment
  • Sewer: Sewer-Public
  • Water: Public
Property/Lot Information
  • New Construction YN: No
  • Rebuilt: No
  • Rehabilitated: Yes
  • Rehab Year: 2026
  • Built Before 1978: Yes
  • Age: 100+ Years
  • Lot Size: Less Than .25 Acre
  • Lot Dimensions: 3750
  • Total # Units in Building: 2.0
  • Other Structures: None
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding
  • Construction: Vinyl Siding
  • General Information: Interstate Access
  • 3 Br Un In Bldg: No
Property and Assessments
  • Public Document Count: 3
  • Document Date: 2026-04-15T15:02:17
  • Photos Count: 27
  • OpenHouse Count: 0
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Unit 1
  • Unit Type Actual Rent: $.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 1
  • Lease Expiration Date: NA
Unit 2
  • Unit Type Actual Rent: $.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 2
  • Lease Expiration Date: NA

Property History for 40 West Main Street

DateEvent & SourcePriceAppreciation
Apr 20, 2026

Contingent

MRED #12619771

Apr 15, 2026

Cancelled

MRED #12613258

$238,000
Apr 15, 2026

Price Change

MRED #12619771

$233,000
DateEvent & SourcePrice
04/20/2026

Contingent

MRED #12619771

04/15/2026

Cancelled

MRED #12613258

$238,000
04/15/2026

Price Change

MRED #12619771

$233,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 40 West Main Street

Taxable ValueLand-Additions-Total-
Home Facts
StyleTransportationCountyCOOKAPN32-28-500-004

Schools near 40 West Main Street

This home is within Bloom Twp Hsd 206 School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Washington-Mckinley Elementary School
PublicPK to 5

Chicago Heights Middle School
Public6 to 8

Bloom High School
Public9 to 12

Dist 206 Alternative High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of Redfin Corporation

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 04/26/2026 11:27 AM. 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.