1227 Otto Boulevard
1227 Otto Boulevard
$169,000
6
2
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Description
Introducing an excellent investment opportunity in Chicago Heights! This well-maintained 2-flat property is ideal for savvy investors looking to add to their portfolio. Each unit features leases expiring in January 2025 and November 2024 respectively, ensuring immediate rental income for the new owner. With a combined monthly rent totaling $2,400, this property offers a steady cash flow from day one. Convenience and reliability are paramount, as tenants enjoy the comfort of their own spaces while...Introducing an excellent investment opportunity in Chicago Heights! This well-maintained 2-flat property is ideal for savvy investors looking to add to their portfolio. Each unit features leases expiring in January 2025 and November 2024 respectively, ensuring immediate rental income for the new owner. With a combined monthly rent totaling $2,400, this property offers a steady cash flow from day one. Convenience and reliability are paramount, as tenants enjoy the comfort of their own spaces while contributing to the property's profitability. Additionally, the yearly taxes amount to $5,573, offering a favorable financial outlook for potential buyers. Whether you're a seasoned investor or exploring your first venture into real estate, this property presents an attractive opportunity in a thriving rental market. Don't miss your chance to capitalize on this lucrative investment in Chicago Heights!
- Listed by Paul Kempa • Realty One Group Excel
Property Details for 1227 Otto Boulevard
Area
Chicago Heights
TownshipBloom
OwnershipFee Simple
Num Of Parking Spaces2.0
Heat/FuelNatural Gas, Forced Air
ZoningMULTI
Location
LISTING UPDATED: 05/16/2024 12:07 AM
Property Details for 1227 Otto Boulevard
Status | Active |
---|---|
MLS # | 12052723 |
Days on Market | 15 |
Taxes | $5,573 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Two to Four Units / 2 Flat |
Year Built | 1912 |
Lot Size | 0.12 AC / 5,227 SF |
County | Cook County |
Location
Building Information for 1227 Otto Boulevard
Stories-Residences2Year Built1912Building Size-Lot Size0.12 AC / 5,227 SF
Payment Calculator
$1,387 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 1227 Otto Boulevard
Property History for 1227 Otto Boulevard
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1227 Otto Boulevard
Taxable ValueLand$1,828Additions$6,990Total$8,818
Tax Record2022$5,573 ($464 / month)
Home Facts
Baths2Total Finished SqFt2,016 SqFtAbove Grade Finished SqFt2,016 SqFtStories2Lot Size5,625 SqFtStyleMulti-Family Res (5+ Units)Year Built1911CountyCOOKAPN32-20-208-010
Schools near 1227 Otto Boulevard
This home is within Bloom Twp Hsd 206 School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 | |||
Private - | PK to 8 |
Rating | School | Distance |
---|---|---|
Roosevelt Elementary School PublicK to 5 | ||
Bloom High School Public9 to 12 | ||
Dist 206 Alternative High School Public9 to 12 | ||
Cornerstone Christian School PrivatePK to 8 |
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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