Chicago Heights, IL Apartment Buildings for Sale

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Park Forest, IL Flossmoor, IL Olympia Fields, IL

Chicago Heights Multifamily Investment Opportunity

$289,000

0.12 Acres

Chicago Heights Multifamily Investment Opportunity

1217 PARK Avenue, Chicago Heights, IL 60411

Five-unit building with diverse layouts in Chicago Heights.

Strong cash‑flowing opportunity with excellent rental flexibility.
Ideal unit mix: three 2 bed/1 bath, one 1 bed/1 bath, and one studio/1 bath.
Private rear parking lot, a valuable amenity for tenants.
Located near downtown Chicago Heights with easy access to shopping, dining, and public transportation.
Total of 8 bedrooms and 5 bathrooms.

Updated: Mar 6

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Chicago Heights Apartment Building Investment

$1,800,000

19,500 SF

Chicago Heights Apartment Building Investment

737-747 Grant Avenue, Chicago Heights, IL 60411

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

Assumable $760,000 loan at a low 4% fixed interest rate through 2034.
Recent $400,000+ in renovations to 21 of 30 units, resulting in a $250/month rent increase per renovated unit.
Located near major employers (Ford, St. James Hospital) and schools, ensuring strong tenant demand.
Reliable income stream due to 15 tenants receiving rent subsidies.
Opportunity to increase rental income by renovating the remaining 9 units.

Updated: Nov 21, 2025

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Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 2 Active listings in Chicago Heights, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 70 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

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

$499,999

Harvey Multifamily Investment Opportunity

Six-unit brick building with income and value-add potential.

15633 Lexington Avenue, Harvey, IL 60426

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Multifamily Property in Lansing, Illinois

$550,000

5,400 SF

Multifamily Property in Lansing, Illinois

Six-unit building with income potential in Chicagoland area.

18429 Torrence Ave, Lansing, IL 60438

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$725,000

0.18 Acres

Remodeled Lansing Commercial Property

Remodeled bar/restaurant with apartment and outdoor patio in Lansing.

3323 Ridge Road, Lansing, IL 60438

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Seven-Unit Multifamily Investment Property

$450,000

8,600 SF

Seven-Unit Multifamily Investment Property

Seven units, investor-ready, priced to sell with upside potential.

15633 Lexington Ave, Harvey, IL 60426

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

$2,850,000

29.20 Acres

Prime Development Land, Springfield MO

29.2 acres of retail-zoned land for mixed-use development.

N West Bypass, Springfield, MO 65802

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$2,500,000

5.94 Acres

Asheville Development Opportunity: 5.94 Acres

5.94-acre parcel zoned RM6, ideal for multi-family development.

215 N Bear Creek Road, Asheville, NC 28806

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$650,000

3.70 Acres

Land Near Shepherd University

Prime land near Shepherd University with development potential.

8285 MARTINSBURG Pike, Shepherdstown, WV 25443

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$699,900

1.33 Acres

Greenville Development Opportunity: 1.33 Acres

1.33 acre parcel suitable for multi-family development near downtown.

71 Salters Road, Greenville, SC 29607

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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.

22010 Torrence Ave

GARDEN APT, COURT APT (5+ UNITS) • 11.12 Acres

APARTMENT HOUSE (UNDER 5 UNITS) • 2,376 SF

Value Estimation by Request

46 15th St, Chicago Heights, IL 60411-6199

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19730 Ter Ave, Unit 1404

APARTMENT HOUSE (UNDER 5 UNITS) • 4,023 SF

APARTMENT HOUSE (UNDER 5 UNITS) • 1,672 SF

Value Estimation by Request

153 23rd St, Chicago Heights, IL 60411-4261

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2480 198th St

APARTMENT HOUSE (UNDER 5 UNITS) • 4,000 SF

Value Estimation

$535,000

2480 198th St, Lynwood, IL 60411-1388

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1225 Halsted St

APARTMENT HOUSE (UNDER 5 UNITS) • 3,060 SF

Value Estimation by Request

1225 Halsted St, Chicago Heights, IL 60411-2935

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1235 Otto Blvd

APARTMENT HOUSE (UNDER 5 UNITS) • 1,628 SF

Value Estimation by Request

1235 Otto Blvd, Chicago Heights, IL 60411-6271

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75 15th St

APARTMENT HOUSE (UNDER 5 UNITS) • 4,678 SF

Value Estimation by Request

75 15th St, Chicago Heights, IL 60411-3477

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Chicago Heights, IL Apartment Buildings Investment Opportunities Market Analysis

Explore 72 apartment buildings for sale in Chicago Heights, IL on our real estate platform. These investment opportunities span a total of 19,500 square feet of properties for sale, with an estimated market value of $1,800,000.

Sale prices for two-family homes in Chicago Heights, IL start at $1,800,000, averaging $1,800,000, and reaching up to $1,800,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 52K

Population Growth (5Y) -9.4%

Median Household Income $56,627

College Educated 15.0%

High-Yield Neighborhoods for Strategic Investment

Identify Chicago Heights submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

Neighborhood	Average Price
60411	$1M

Taxes & Financing

Average Loan-to-Value 65.0%

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Chicago Heights, IL Apartment Buildings for Sale

Chicago Heights Multifamily Investment Opportunity

Five-unit building with diverse layouts in Chicago Heights.

Chicago Heights Apartment Building Investment

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

Opportunities in Nearby Cities

Harvey Multifamily Investment Opportunity

Multifamily Property in Lansing, Illinois

Remodeled Lansing Commercial Property

Seven-Unit Multifamily Investment Property

Potential Development Sites for Consideration

Prime Development Land, Springfield MO

Asheville Development Opportunity: 5.94 Acres

Land Near Shepherd University

Greenville Development Opportunity: 1.33 Acres

Off-Market Properties in Chicago Heights, IL

22010 Torrence Ave

436 Hickory St

3311 Un Ave

3311 Un Ave

1443 End Ave, Unit 3R

2830 Chicago Rd

218 23rd St

63 15th St

89 13th St

221 26th St

46 15th St, Unit 1

19730 Ter Ave, Unit 1404

1630 Shields Ave

30 21st St

41 14th Pl

60 13th St

1202 Washington St

153 23rd St

2480 198th St

1225 Halsted St

1235 Otto Blvd

75 15th St

Chicago Heights, IL Apartment Buildings Investment Opportunities Market Analysis

Demographics Overview

High-Yield Neighborhoods for Strategic Investment

Taxes & Financing

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