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Chicago Heights, IL Apartment Buildings for Sale

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Rehabbed Multifamily Building
$575,000
0.38 Acres

Rehabbed Multifamily Building

394 W Lincoln Hwy, Chicago Heights, IL 60411

Turnkey investment property with strong rents and high return.

  • High Cap Rate: 8.43% cap rate indicates a strong return on investment
  • Excellent Cash on Cash Return: 10.09% cash on cash return signifies immediate profitability
  • Newly Rehabbed: Enjoy new/refinished flooring, fresh paint, and updated kitchens and bathrooms
  • Turnkey Investment: Ready for immediate rental income
  • Strong Rents: The property generates substantial rental income
Updated: Nov 7, 2025
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Fully Leased Investment Opportunity
$775,000

Fully Leased Investment Opportunity

3229 Commercial Ave, South Chicago Heights, IL 60411

Seven-unit building with value-add potential in South Chicago Heights.

  • Fully leased 7‑unit building offering immediate income.
  • Over 8% capitalization rate at the list price.
  • Significant value‑add potential through rent increases to market rates.
  • Desirable 2‑bedroom units with spacious family rooms.
  • Recent updates including new windows, appliances, exterior lighting, and fire safety system.
Updated: Nov 21, 2025
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Rehabbed Condo with Modern Updates
$170,000

Rehabbed Condo with Modern Updates

Move-in-ready condo featuring modern updates, appliances, and included furniture.

2807 Glenwood Lansing Rd, Lynwood, IL 60411
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Chicago Heights Apartment Building Investment
$1,800,000
19,500 SF

Chicago Heights Apartment Building Investment

30-unit apartment building with recent renovations and assumable loan.

737-747 Grant Ave, Chicago Heights, IL 60411
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Based on your search, we've compiled 1109 Potential Opportunities for your consideration. Besides 4 Active listings in Chicago Heights, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1101 Off-Market properties to explore as potential leads

Explore Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Updated Condo in 55+ Community
$115,000
1,100 SF

Updated Condo in 55+ Community

Updated 2-bedroom condo in a well-maintained 55+ community.

940 Holbrook Rd, Homewood, IL 60430
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Glenwood Office Condo - Prime Location
$199,975
6,500 SF

Glenwood Office Condo - Prime Location

6,500 SF Office Space, High Visibility

40 Nugent St, Glenwood, IL 60425
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Mixed-Use Property in Glenwood, IL
$3,500,000
1.97 Acres

Mixed-Use Property in Glenwood, IL

Mixed-use property with apartment and banquet hall, long-term lease.

106 N Main St, Glenwood, IL 60425
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Mixed-Use Building in Prime Location
$850,000
0.82 Acres

Mixed-Use Building in Prime Location

Former warehouse with mixed-use zoning and redevelopment potential.

18240 Harwood Ave, Homewood, IL 60430
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Explore Off-Market Properties in Chicago Heights, IL

Consider similar Off-Market properties in Chicago Heights, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

737 Grant Ave

737 Grant Ave

Multifamily properties • 19,500 SF
Value Estimation by Request
737 Grant Ave, Chicago Heights, IL 60411
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119 Broadway Ave

119 Broadway Ave

APARTMENT HOUSE (UNDER 5 UNITS) • 1,708 SF
Value Estimation
$300,000
119 Broadway Ave, Chicago Heights, IL 60411-1856
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217 15th St

217 15th St

APARTMENT HOUSE (UNDER 5 UNITS) • 1,800 SF
Value Estimation
$85,000
217 15th St, Chicago Heights, IL 60411-3333
View details
37 19th St

37 19th St

APARTMENT HOUSE (UNDER 5 UNITS) • 1,936 SF
Value Estimation
$195,000
37 19th St, Chicago Heights, IL 60411-6348
View details
504 17th St

504 17th St

APARTMENT HOUSE (UNDER 5 UNITS) • 2,368 SF
Value Estimation
$205,000
504 17th St, Chicago Hts, IL 60411
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145 23rd St

145 23rd St

APARTMENT HOUSE (UNDER 5 UNITS) • 1,767 SF
Value Estimation
$275,000
145 23rd St, Chicago Heights, IL 60411-4249
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19909 Park Ave

19909 Park Ave

APARTMENT HOUSE (UNDER 5 UNITS) • 4,021 SF
Value Estimation
$360,000
19909 Park Ave, Lynwood, IL 60411-1329
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1416 Emerald Ave

1416 Emerald Ave

APARTMENT HOUSE (UNDER 5 UNITS) • 2,484 SF
Value Estimation
$285,000
1416 Emerald Ave, Chicago Heights, IL 60411-3518
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1439 Ctr Ave

1439 Ctr Ave

APARTMENT HOUSE (UNDER 5 UNITS) • 2,640 SF
Value Estimation
$285,000
1439 Ctr Ave, Chicago Heights, IL 60411-3631
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410 17th St

410 17th St

APARTMENT HOUSE (UNDER 5 UNITS) • 2,520 SF
Value Estimation
$290,000
410 17th St, Chicago Heights, IL 60411-3948
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32 21st St

32 21st St

APARTMENT HOUSE (UNDER 5 UNITS) • 1,385 SF
Value Estimation
$275,000
32 21st St, Chicago Heights, IL 60411-6048
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1316 Otto Blvd

1316 Otto Blvd

APARTMENT HOUSE (UNDER 5 UNITS) • 2,020 SF
Value Estimation
$65,000
1316 Otto Blvd, Chicago Heights, IL 60411-2881
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3038 Jackson Ave

3038 Jackson Ave

APARTMENT HOUSE (UNDER 5 UNITS) • 2,480 SF
Value Estimation
$235,000
3038 Jackson Ave, South Chicago Heights, IL 60411-5433
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131 Broadway Ave

131 Broadway Ave

APARTMENT HOUSE (UNDER 5 UNITS) • 1,708 SF
Value Estimation
$290,000
131 Broadway Ave, Chicago Heights, IL 60411-1872
View details
188 25th St

188 25th St

APARTMENT HOUSE (UNDER 5 UNITS) • 1,806 SF
Value Estimation
$95,000
188 25th St, Chicago Heights, IL 60411-6032
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121 Main St

121 Main St

GARDEN APT, COURT APT (5+ UNITS) • 0.17 Acres
Value Estimation
$305,000
121 Main St, Chicago Heights, IL 60411-4077
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305 16th St

305 16th St

APARTMENT HOUSE (UNDER 5 UNITS) • 6,895 SF
Value Estimation
$305,000
305 16th St, Chicago Heights, IL 60411-2970
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196 22nd St

196 22nd St

APARTMENT HOUSE (UNDER 5 UNITS) • 2,120 SF
Value Estimation
$285,000
196 22nd St, Chicago Heights, IL 60411
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59 Parkside Ave

59 Parkside Ave

APARTMENT HOUSE (UNDER 5 UNITS) • 2,284 SF
Value Estimation
$300,000
59 Parkside Ave, Chicago Heights, IL 60411-2140
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31 Parkside Ave

31 Parkside Ave

APARTMENT HOUSE (UNDER 5 UNITS) • 1,664 SF
Value Estimation
$285,000
31 Parkside Ave, Chicago Heights, IL 60411-2140
View details

Chicago Heights, IL Apartment Buildings Investment Opportunities Market Analysis

Explore 1105 apartment buildings for sale in Chicago Heights, IL, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 4,980,694 square feet of properties for sale, with an estimated market value of $223,820,000.

Prices for two-family homes in Chicago Heights, IL start at $50,000, averaging $273,284, and reaching up to $10,460,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you have the most current data.

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