Search
Brick 4-Unit Building
For Sale
$449,000

1215 Division Street, Chicago Heights, IL 60411

Legal multifamily property with dedicated parking and convenient access to transit and expressways.

Property SizeContact for details
Days on Market48

Property Features for 1215 Division Street

General Information

Standard status Active
Total Parking Spaces 4
Property subtype Residential Income
Zoning MULTI

Units

Unit Mix 4 x 3BR/1.5BA
Multifamily Units 4

Additional Details

Public Transit Yes

Taxes and HOA fees

Annual Taxes $15,079

Building Details

Year Built 1965
Buildings 1
Construction all-brick
Listing Agency: Realty of America, LLC
Listed By: Javier Alday · License #475204169
Source: Cavanaghrealty
Added: Jul 16 Changed: Aug 30 Last Checked: Aug 31 at 5:09PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Realty of America, LLC

Investment Insights

Based on property information with market context.

This legal quadplex at 1215 Division Street is an all-brick building completed in 1965. The property contains four residential units, each configured with three bedrooms and one and a half baths. It occupies a double lot and includes four dedicated parking spaces. MULTI zoning supports the existing multifamily configuration.

The property is in Chicago Heights near downtown, a Metra station, public transportation, and major expressways. Its unit layouts, parking provision, and transit access provide a practical residential income property configuration in an established suburban setting.

Key Highlights

  • Four‑unit legal multifamily building with four 3‑bedroom, 1.5‑bath units
  • All‑brick construction; built in 1965
  • Double lot with 4 dedicated parking spaces

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Spa & Massage Center Law Firm Building Supply Hair Salon HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

506
Businesses Nearby

Demographics for 60411, IL

53,515
Population
21,382
Households
2.5
Avg Household Size
36
Median Age
22%
College-Educated
87%
High-School Grad
30.7 sq mi
ZIP Area
1,743
Density / Sq Mi
$56,627
Median Household Income
$35,995
Median Earnings
$1,156
Median Rent
$148,200
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Quadplex - Legal multifamily property with dedicated parking and convenient access to transit and expressways.
Where is this quadplex located?
The property is located at 1215 Division Street Chicago Heights, IL.
What is the asking price?
The asking price for this property is $449,000.
What are key features of this property?
This property features: Four‑unit legal multifamily building with four 3‑bedroom, 1.5‑bath units; All‑brick construction; built in 1965; Double lot with 4 dedicated parking spaces
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message