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298 W 16Th St Chicago Heights, IL 60411

Under Contract
For Sale
$151,000

Residential Income, Traditional,Prairie - Chicago Heights, IL

Lot size:
0.21 Acres
Days on Market:
98
Last Refresh:
Dec 14 at 3:06 pm

Property Features for 298 W 16Th St

General Information

Property type
Residential Multi Family
Property subtype
Other
Standard status
Active Under Contract
Zoning
MULTI
Rooms
Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
Bedrooms
6
APN
32203150040000
Lot size
0.21 Acres

Utilities

Heating system
Natural Gas, Other (Heating)

Building Details

Year built
1926
Roof type
Asphalt
Architectural style
New Traditional

Remax 10 (708) 857-1500 [email protected]

Listing agent Dale Taylor (815) 485-5500 License #475134664

Listing date Sep 8, 2025

MLS# 12445795 Listing URL

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.


Overview

Chicago Heights All-Brick Two-Flat

Located in Chicago Heights, this all-brick two-flat offers expansive living space on each of its three levels, totaling 1,480 square feet. The property features tall ceilings, two large kitchens, and two formal dining rooms. Fireplaces are present in the two formal living rooms, complemented by hardwood floors and authentic wood cove moldings and trim. Each level includes three above-average-sized bedrooms and two full bathrooms with deep vintage soaking tubs, plus an extra shower and utility sink. The large full basement provides an abundance of storage. Situated on an over 40-foot wide lot, the property includes a Florida room. The property is located in an area of huge historic homes. Each unit could possibly rent for $2K each monthly for a potential $48K annually. The property is located minutes from commuter train and interstates, dining, park district recreational facility, library and shopping. The Mayor notes the village is a diverse community of many cultures, welcoming future generations with a vision to revitalize the local economy and improve the quality of life for every resident. The area offers police and fire departments, extensive residential services, a Mayor's Office of Special Events including an annual Fall Fiesta celebration, bike trails, and forest preserves.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Chicago Heights
County
Cook
State
Illinois
Longitude
-87.6537266
Latitude
41.5020752

FAQs

What type of property is this?
Duplex - Expansive two-flat with potential for $48K annual income.
Where is this duplex located?
The property is located at 298 W 16Th St Chicago Heights, IL.
What is the asking price?
The asking price for this property is $151,000.
What are key features of this property?
This property features: - Potential for $48K annual rental income ($2K/month per unit).; - Expansive living space: 1,480 sq ft on each of 3 levels.; - All-brick 2-flat construction in an area of huge historic homes.
More about this property
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