Renovated Duplex in Central
For Sale
$229,000
3706 Chicago Road, Steger, IL 60475
Two renovated 1-bedroom apartments generating $2,000 monthly income.
Property SizeContact for details
Days on Market208
Property Features for 3706 Chicago Road
General Information
Standard status
Active
Total Parking Spaces
4
Property subtype
Two to Four Units / 2 Flat
Zoning
MULTI
Taxes and HOA fees
Annual Taxes
$718
Building Details
Year Built
1960
Listing Agency:
Berkshire Hathaway HomeServices Chicago
(708) 848-5550
Listed By:
Laurie Shapiro · License #475126467
(708) 848-5550
Source:
Compass
Added: Jan 31
Changed: Aug 25
Last Checked: Aug 26 at 1:41PM
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 Berkshire Hathaway HomeServices Chicago
Investment Insights
Based on property information with market context.
This property features a two-flat building in a central location near restaurants, shopping, and entertainment. It includes two 1-bedroom, 1-bath apartments. Each unit has been 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, both less than one year old. The property is being sold AS IS.
Key Highlights
- Turnkey investment property with two fully renovated 1‑bedroom, 1‑bath apartments.
- High‑demand units generating a combined rent of $2,000 per month.
- Modern kitchens and bathrooms feature granite countertops and new vinyl plank flooring.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
357
Businesses Nearby
Explore this area
Business Placement
Demographics for 60475, IL
9,969
Population
4,790
Households
2.1
Avg Household Size
38
Median Age
16%
College-Educated
88%
High-School Grad
4.8 sq mi
ZIP Area
2,077
Density / Sq Mi
$61,222
Median Household Income
$38,837
Median Earnings
$1,032
Median Rent
$137,200
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two renovated 1-bedroom apartments generating $2,000 monthly income.
Where is this duplex located?
The property is located at 3706 Chicago Road Steger, IL.
What is the asking price?
The asking price for this property is $229,000.
What are key features of this property?
This property features: Turnkey investment property with two fully renovated 1‑bedroom, 1‑bath apartments.; High‑demand units generating a combined rent of $2,000 per month.; Modern kitchens and bathrooms feature granite countertops and new vinyl plank flooring.
