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Chicago Heights, IL Multifamily Properties for Sale

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Chicago Heights Two-Unit Multifamily Property
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Chicago Heights Two-Unit Multifamily Property

1901 Chicago Rd, Chicago Heights, IL 60411

Two-unit property in Chicago Heights with traditional floor plans.

  • Prime location in the core of Chicago Heights offering unparalleled convenience.
  • Classic 2‑flat property attracting quality tenants.
  • Two units with a total of 4 bedrooms and 2 bathrooms.
  • Spacious traditional floor plans with separate living and dining areas.
  • Suitable for full rehab to achieve top‑tier rents or as a low‑lift rental property.
Updated: Jan 1
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Rehabbed Multifamily Building
$575,000
0.38 Acres

Rehabbed Multifamily Building

394 W Lincoln Hwy, Chicago Heights, IL 60411

Turnkey investment property with strong rents and high return.

  • High Cap Rate: 8.43% cap rate indicates a strong return on investment
  • Excellent Cash on Cash Return: 10.09% cash on cash return signifies immediate profitability
  • Newly Rehabbed: Enjoy new/refinished flooring, fresh paint, and updated kitchens and bathrooms
  • Turnkey Investment: Ready for immediate rental income
  • Strong Rents: The property generates substantial rental income
Updated: Nov 7, 2025
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Fully Leased Investment Opportunity
$775,000

Fully Leased Investment Opportunity

Seven-unit building with value-add potential in South Chicago Heights.

3229 Commercial Ave, South Chicago Heights, IL 60411
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Chicago Heights Two-Unit Building
$49,000
0.07 Acres

Chicago Heights Two-Unit Building

Two-unit building in Chicago Heights with investment potential.

1502 Shields Ave, Chicago Heights, IL 60411
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Turnkey Chicago Heights Income Property
$189,999
0.11 Acres

Turnkey Chicago Heights Income Property

Updated 2-unit property near amenities and transportation.

67 Broadway Ave, Chicago Heights, IL 60411
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Rehabbed Condo with Modern Updates
$170,000

Rehabbed Condo with Modern Updates

Move-in-ready condo featuring modern updates, appliances, and included furniture.

2807 Glenwood Lansing Rd, Lynwood, IL 60411
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Chicago Heights Residential Income Property
$189,000

Chicago Heights Residential Income Property

Three-unit property with updated four-bedroom apartment and hardwood floors.

1631 Buena Vista Ave, Chicago Heights, IL 60411
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Chicago Heights Multi-Unit Investment Opportunity
$109,999

Chicago Heights Multi-Unit Investment Opportunity

Updated two-unit building in Chicago Heights, fully vacant.

72 W 19Th St, Chicago Heights, IL 60411
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Renovated Steger 2-Flat Investment
$210,000
0.25 Acres

Renovated Steger 2-Flat Investment

Fully renovated 2-flat in Steger, generating $2,000 monthly income.

3706 Chicago Rd, Steger, IL 60475
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Steger Solid Brick Income Property
$180,000
0.14 Acres

Steger Solid Brick Income Property

Three-unit residential income property in great location with cash flow.

39 Mckinley Ave, Steger, IL 60475
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Two-Unit Brick Building Investment
$179,900

Two-Unit Brick Building Investment

Charming two-unit building with historic elegance and modern convenience.

83 W 15Th St, Chicago Heights, IL 60411
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Chicago Heights Residential Income Property
$249,900

Chicago Heights Residential Income Property

Two spacious units with hardwood floors on an extra-wide lot.

63 Hickory St, Chicago Heights, IL 60411
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Two-Unit Building on Quiet Street
$194,900

Two-Unit Building on Quiet Street

Two-unit building with separate entrances, utilities, and included appliances.

58 W Main St, Chicago Heights, IL 60411
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Chicago Heights All-Brick Two-Flat
$151,000
0.21 Acres

Chicago Heights All-Brick Two-Flat

Expansive two-flat with potential for $48K annual income.

298 W 16Th St, Chicago Heights, IL 60411
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South Chicago Heights Investment Property
$160,000

South Chicago Heights Investment Property

Two-unit property with strong rental potential in South Chicago Heights.

117 W 27Th St, South Chicago Heights, IL 60411
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Chicago Heights Apartment Building Investment
$1,800,000
19,500 SF

Chicago Heights Apartment Building Investment

30-unit apartment building with recent renovations and assumable loan.

737-747 Grant Ave, Chicago Heights, IL 60411
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Based on your search, we've compiled 1121 Potential Opportunities for your consideration. Besides 16 Active listings in Chicago Heights, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1101 Off-Market properties to explore as potential leads

Explore Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Updated Condo in 55+ Community
$115,000
1,100 SF

Updated Condo in 55+ Community

Updated 2-bedroom condo in a well-maintained 55+ community.

940 Holbrook Rd, Homewood, IL 60430
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Glenwood Office Condo - Prime Location
$199,975
6,500 SF

Glenwood Office Condo - Prime Location

6,500 SF Office Space, High Visibility

40 Nugent St, Glenwood, IL 60425
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Mixed-Use Property in Glenwood, IL
$3,500,000
1.97 Acres

Mixed-Use Property in Glenwood, IL

Mixed-use property with apartment and banquet hall, long-term lease.

106 N Main St, Glenwood, IL 60425
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Homewood Brick 4-Unit Building
Pending
$535,000
0.23 Acres

Homewood Brick 4-Unit Building

Four-unit residential income property in Homewood, Illinois, near amenities.

18229 Hart Dr, Homewood, IL 60430
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Explore Off-Market Properties in Chicago Heights, IL

Consider similar Off-Market properties in Chicago Heights, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

737 Grant Ave

737 Grant Ave

Multifamily properties • 19,500 SF
Value Estimation by Request
737 Grant Ave, Chicago Heights, IL 60411
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119 Broadway Ave

119 Broadway Ave

APARTMENT HOUSE (UNDER 5 UNITS) • 1,708 SF
Value Estimation by Request
119 Broadway Ave, Chicago Heights, IL 60411-1856
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217 15th St

217 15th St

APARTMENT HOUSE (UNDER 5 UNITS) • 1,800 SF
Value Estimation
$75,000
217 15th St, Chicago Heights, IL 60411-3333
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37 19th St

37 19th St

APARTMENT HOUSE (UNDER 5 UNITS) • 1,936 SF
Value Estimation
$175,000
37 19th St, Chicago Heights, IL 60411-6348
View details
504 17th St

504 17th St

APARTMENT HOUSE (UNDER 5 UNITS) • 2,368 SF
Value Estimation
$190,000
504 17th St, Chicago Hts, IL 60411
View details
145 23rd St

145 23rd St

APARTMENT HOUSE (UNDER 5 UNITS) • 1,767 SF
Value Estimation
$210,000
145 23rd St, Chicago Heights, IL 60411-4249
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19909 Park Ave

19909 Park Ave

APARTMENT HOUSE (UNDER 5 UNITS) • 4,021 SF
Value Estimation by Request
19909 Park Ave, Lynwood, IL 60411-1329
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1416 Emerald Ave

1416 Emerald Ave

APARTMENT HOUSE (UNDER 5 UNITS) • 2,484 SF
Value Estimation
$230,000
1416 Emerald Ave, Chicago Heights, IL 60411-3518
View details

Chicago Heights, IL Multifamily Properties Investment Opportunities Market Analysis

Explore 1117 multifamily properties for sale in Chicago Heights, IL, showcased through 16 active listings on our real estate platform. These investment opportunities span a total of 5,014,671 square feet of properties for sale, with an estimated market value of $224,599,999.

Prices for multifamily properties in Chicago Heights, IL start at $49,000, averaging $272,572, and reaching up to $10,460,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you have the most current data.

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