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Renovated Three-Unit Multifamily Property
For Sale
$249,000

1631 Buena Vista Avenue, Chicago Heights, IL 60411

Corner-lot building with a detached garage, occupied residences, and refreshed finishes in the upper unit.

Property SizeContact for details
Days on Market25

Property Features for 1631 Buena Vista Avenue

General Information

Standard status Active
Total Parking Spaces 2
Property subtype Residential Income

Units

Unit Mix 1 x 4BR, 2 x 2BR
Multifamily Units 3

Taxes and HOA fees

Annual Taxes $4,359

Building Details

Year Built 1883
Buildings 1
Listing Agency: Property Outlet Group LLC
Listed By: Nick Alafogianis
Source: Jjillrealtygroup
Added: Aug 9 Changed: Aug 30 Last Checked: Aug 31 at 5:12PM

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 Property Outlet Group LLC

Investment Insights

Based on property information with market context.

This three-unit residential property includes one recently renovated top-floor four-bedroom residence with updated finishes, along with two two-bedroom units that retain original hardwood flooring. A detached two-car garage provides tenant parking or storage, and the building has a corner-lot position. Constructed in 1883, the property is located in Chicago Heights within Bloom Township and ZIP 60411.

The residences are described as consistently occupied, with schools, shopping, and everyday services within walking distance. The unit mix combines a larger upper-level apartment with two two-bedroom homes, while the garage adds functional support space for occupants.

Key Highlights

  • Three residential units with one 4‑bedroom apartment and two 2‑bedroom apartments
  • Recently renovated top‑floor 4‑bedroom unit with updated finishes
  • Two 2‑bedroom units retain original hardwood floors

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Spa & Massage Center Skin Care Clinic Pharmacy Nail Salon (Bike/Boat/Book/etc) Store

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

3
Residential units

Location Intelligence

Trade Area within ½ mile

790
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
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Frequently Asked Questions

What type of property is this?
Triplex - Corner-lot building with a detached garage, occupied residences, and refreshed finishes in the upper unit.
Where is this triplex located?
The property is located at 1631 Buena Vista Avenue Chicago Heights, IL.
What is the asking price?
The asking price for this property is $249,000.
What are key features of this property?
This property features: Three residential units with one 4‑bedroom apartment and two 2‑bedroom apartments; Recently renovated top‑floor 4‑bedroom unit with updated finishes; Two 2‑bedroom units retain original hardwood floors
More about this property
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