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Updated Brick Quadplex
For Sale
$330,000

489 Hickory Street, Chicago Heights, IL 60411

Residential Income, Chicago Heights, IL

Property SizeContact for details
Lot Size0.08 Acres
Days on Market234

Property Features for 489 Hickory Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning MULTI
Bedrooms 12
Bathrooms 8
Full bathrooms 4
Half bathrooms 4
Rooms Bedroom 5, Bedroom 2, Bedroom 7, Bedroom 8, Bedroom 4, Bedroom 6, Bedroom 10, Bathroom 2, Bathroom 8, Bedroom 3, Bathroom 3, Bathroom 4, Bedroom 12, Bedroom 11, Bathroom 5, Bathroom 1, Bedroom 9, Bathroom 7, Bedroom 1, Bathroom 6
Parking 6
Parking features Off Street, Owned, Assigned
Elementary school district 170
Middle school district 170
High school district 206
Directions Lincoln Highway to Division St, south 6 blocks to Hickory, east to 1st building on left
Subdivision Chicago Heights
Standard status Active
APN 32194200330000
Lot size 0.08 Acres

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 19997

Utilities

Sewer type Public Sewer
Heating system Natural Gas, Steam, Forced Air
Water source Public

Amenities

in-unit washer/dryer

Building Details

Year built 1961
Building materials Brick, Frame
Listing Agency: Keller Williams Preferred Realty · Keller Williams Realty
Listed By: Anthony Lucio · License #475165960
Added: Mar 18 Changed: Oct 27 Last Checked: Nov 6 at 1:06PM
MLS# 12596203

Copyright © 2026 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.

Rey
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Investment Insights

Based on property information with market context.

Built in 1961, this brick quadplex contains four updated units, each with 3 BRs and 1.5 BAs. Every residence includes an in-unit washer and dryer, an individually served furnace, and a separate water heater. The property also benefits from newer roofing, windows, and mechanical systems. Tenants pay their own utilities, while public water and public sewer serve the building.

The 0.08-acre site includes assigned and off-street parking for residents and guests, along with mature trees and greenspace. The property is in Chicago Heights near shopping, dining, parks, schools, and public transportation. I-57 is minutes west, and IL-394 is minutes east.

Key Highlights

  • Four updated units, each with 3 BRs and 1.5 BAs
  • In‑unit washers and dryers, separate furnaces, and individual water heaters
  • Newer roof, windows, and mechanical systems

Property Analytics

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Lease Details

4
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

401
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Properties on Market for Quadplexes in Cook County

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Quadplex - Updated residences feature separate utilities, in-unit laundry, and dedicated tenant parking.
Where is this quadplex located?
The property is located at 489 Hickory Street Chicago Heights, IL.
What is the asking price?
The asking price for this property is $330,000.
What are key features of this property?
This property features: Four updated units, each with 3 BRs and 1.5 BAs; In‑unit washers and dryers, separate furnaces, and individual water heaters; Newer roof, windows, and mechanical systems
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