Three-Unit Residential Income
154 22nd Street Chicago Heights, IL 60411
For Sale
$169,900
Three-unit building sold fully rented, offering immediate rental income potential for an investor buyer.
Property Size6,200 SF
Price / SF$27.40
Days on Market64
Property Features for 154 22nd Street
General Information
Standard status
Active
Size
6,200 SF
Building Details
Year Built
1906
Listing Agency:
Choice Realty Group Inc.
(847) 912-1592
Listed By:
David Williamson · License #471010481
(847) 912-1592
Source:
Compass
Added: May 25
Changed: Jul 10
Last Checked: Jul 27 at 11:28AM
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 Choice Realty Group Inc.
Investment Insights
Based on property information with market context.
This three-unit residential income property is a triplex configuration and is currently fully rented. The building is described as well cared for, and it is being sold in as-is condition. No survey is provided, and the buyer is responsible for all Chicago Heights inspection and repairs.
The property is located at 154 22nd Street in Chicago Heights, Illinois. Prospective buyers should plan for due diligence and any required improvements following inspection, as the seller is not providing a survey and repairs are the responsibility of the purchaser.
For investors seeking a small multifamily asset, the fully rented status is a key factor in underwriting and planning. The as-is sales terms and inspection/repair responsibilities should be considered when evaluating total acquisition and readiness costs. This is a straightforward option for buyers who want to purchase a three-unit building and take over management with tenants already in place, subject to their own verification through inspection.
The property is located at 154 22nd Street in Chicago Heights, Illinois. Prospective buyers should plan for due diligence and any required improvements following inspection, as the seller is not providing a survey and repairs are the responsibility of the purchaser.
For investors seeking a small multifamily asset, the fully rented status is a key factor in underwriting and planning. The as-is sales terms and inspection/repair responsibilities should be considered when evaluating total acquisition and readiness costs. This is a straightforward option for buyers who want to purchase a three-unit building and take over management with tenants already in place, subject to their own verification through inspection.
Key Highlights
- Three‑unit building built in 1906
- Sold fully rented, with tenants in place for immediate rental income
- Buyer is responsible for all Chicago Heights inspection and repairs
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Triplex - Three-unit building sold fully rented, offering immediate rental income potential for an investor buyer.
Where is this triplex located?
The property is located at 154 22nd Street Chicago Heights, IL.
What is the asking price?
The asking price for this property is $169,900.
What are key features of this property?
This property features: Three‑unit building built in 1906; Sold fully rented, with tenants in place for immediate rental income; Buyer is responsible for all Chicago Heights inspection and repairs
