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    3706 Chicago Rd Steger, IL 60475

    For Sale
    $210,000

    Residential Income - Steger, IL

    Lot size:
    0.25 Acres
    Days on Market:
    19
    Last Refresh:
    Dec 5 at 10:06 pm

    Property Features for 3706 Chicago Rd

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    MULTI
    Rooms
    Bedroom 1, Bedroom 2
    Bedrooms
    2
    APN
    2315054030310000
    Parking
    4
    Lot size
    0.25 Acres

    Utilities

    Heating system
    Forced Air, Natural Gas

    Building Details

    Year built
    1960
    Architectural style
    Other

    Weichert, Realtors-Nickel Group (708) 848-5550 [email protected]

    Listing agent Laurie Shapiro (708) 848-5550 License #475126467

    Listing date Nov 17, 2025

    MLS# 12503984 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

    Renovated Steger 2-Flat Investment

    This residential income property is a 2-flat located in Steger, IL. The property features two 1-bedroom, 1-bath apartments. Each unit has been fully renovated with modern kitchens and bathrooms, granite countertops, new vinyl plank flooring, and updated fixtures. The units are nearly identical and generate a combined rent of $2,000 per month. Tenants are responsible for their own electric and gas, while the owner covers water and scavenger services. Each unit is equipped with its own furnace and hot water heater, all less than one year old. The property is situated in a quiet, central location, close to restaurants, shopping, and entertainment. The lot size is 0.25 acres. This property is an investment opportunity in a desirable area.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Steger
    County
    Cook
    State
    Illinois
    Longitude
    -87.63544
    Latitude
    41.463722

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    FAQs

    What type of property is this?
    Duplex - Fully renovated 2-flat in Steger, generating $2,000 monthly income.
    Where is this duplex located?
    The property is located at 3706 Chicago Rd Steger, IL.
    What is the asking price?
    The asking price for this property is $210,000.
    What are key features of this property?
    This property features: - High-demand rental property generating $2,000/month.; - Fully renovated units with **modern kitchens and bathrooms**.; - New furnaces and hot water heaters (less than one year old) for each unit.
    (708) 848-5550
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    3706 Chicago Rd Steger, IL 60475
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    Steger, IL 60475
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3706 Chicago Rd Steger, IL 60475
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