Chicago Heights, IL Multifamily Properties for Sale

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Park Forest, IL Flossmoor, IL Olympia Fields, IL

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$229,000

0.25 Acres

Renovated Duplex in Central Location

3706 Chicago Road, Steger, IL 60475

Two renovated units generating $2,000 monthly income in Steger, IL.

Turnkey investment property generating $2,000/month in rental income.
Fully renovated units feature modern kitchens and bathrooms, granite countertops, and new flooring.
Each unit has its own new furnace and hot water heater (less than one year old).
Tenants pay their own electric and gas.
Located in a quiet, central location close to restaurants, shopping, and entertainment.

Updated: Apr 30

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$275,000

0.35 Acres

Historic Queen Anne Victorian Triplex

51 W 21st Street, Chicago Heights, IL 60411

Legal 3-flat in Chicago Heights' Historic District.

Legal 3‑flat in Chicago Heights Historic District offering strong investment and income potential.
Significant updates completed: lead pipes replaced with copper, boiler reworked, and new water heater installed in 2025.
Spacious .35‑acre corner lot with inviting covered front porch.
Stunning Queen Anne Victorian architecture with exquisite original woodwork throughout.
Built in 1895 by George C. Flanner, a prominent figure and first mayor, adding historical significance.

Updated: Mar 21

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Rehabbed Chicago Heights Income Property

$233,000

0.08 Acres

Rehabbed Chicago Heights Income Property

Turnkey, income-producing two-unit property, fully renovated in 2025.

40 W Main Street, Chicago Heights, IL 60411

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Rehabbed Chicago Heights Multifamily Property

$230,000

0.07 Acres

Rehabbed Chicago Heights Multifamily Property

Fully rehabbed 2-flat in Chicago Heights, turnkey investment opportunity.

238 E 22 Street, Chicago Heights, IL 60411

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$295,900

Updated Duplex in Chicago Heights

Two-unit property with recent updates and investment potential.

146 E 24th Street, Chicago Heights, IL 60411

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$370,000

0.08 Acres

Updated Multi-Unit in Chicago Heights

Well-maintained four-unit property with updated interiors and modern amenities.

489 Hickory Street, Chicago Heights, IL 60411

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$152,900

Well-Maintained Chicago Heights Multi-Family

Two-unit property ideal for owner-occupants or investors.

1207 Emerald Avenue, Chicago Heights, IL 60411

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$235,000

Chicago Heights Multifamily Property

Two-unit property with potential for investment or owner-occupancy.

1308 Vincennes Avenue, Chicago Heights, IL 60411

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$109,999

Multi-Unit Investment Opportunity

Vacant two-unit building, updated, ideal for investors.

72 W 19TH Street, Chicago Heights, IL 60411

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Chicago Heights Multifamily Investment Opportunity

$289,000

0.12 Acres

Chicago Heights Multifamily Investment Opportunity

Five-unit building with diverse layouts in Chicago Heights.

1217 PARK Avenue, Chicago Heights, IL 60411

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$46,000

Chicago Heights Two-Flat For Sale

Classic two-flat in Chicago Heights with two units.

1901 Chicago Road, Chicago Heights, IL 60411

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$49,000

0.07 Acres

Chicago Heights Two-Unit Building

Two-unit building in Chicago Heights with investment potential.

1502 Shields Avenue, 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 Avenue, Chicago Heights, IL 60411

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$165,000

Steger, IL Multi-Family Property

Two-unit property on a corner lot with long-term tenants.

37 W 36th Place, Steger, IL 60475

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Based on your search, we've compiled 1123 Potential Opportunities for your consideration. Besides 14 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, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

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

$275,000

Hazel Crest Multifamily Investment Opportunity

Two multi-unit buildings and a vacant lot for sale.

1307 W 173rd Street, Hazel Crest, IL 60429

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$599,900

Lansing Investment Property Package

Single-family home and fully leased four-unit apartment in Lansing, Illinois.

19061 Wentworth Avenue, Lansing, IL 60438

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Multifamily Property in Lansing, Illinois

$550,000

5,400 SF

Multifamily Property in Lansing, Illinois

Six-unit building with income potential in Chicagoland area.

18429 Torrence Ave, Lansing, IL 60438

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Contact for pricing

Two Multifamily Buildings Opportunity

Two multifamily buildings for sale in Hazel Crest, Illinois.

17320 Throop St, Hazel Crest, IL 60429

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Contact for pricing

3.20 Acres

University Park Developable Land

3.2 acres with 24 concrete housing pads in University Park.

976 Mesa Court, University Park, IL 60484

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Contact for pricing

0.12 Acres

Vacant Lot in Gated Community

Vacant lot in gated community with many amenities for seasonal living.

2795 E 28th Lot 1205 Road, Seneca, IL 61360

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Contact for pricing

0.67 Acres

Residential Land in Riverdale

Vacant residential land suitable for building or mobile home placement.

TBD N Lumberjack Road, Riverdale, MI 48877

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$44,000

0.75 Acres

Recreational Land in Gated Community

0.75-acre lot with hookups in White Birch Lakes Association.

4537 Pine Run, Farwell, MI 48622

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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.

22010 Torrence Ave

GARDEN APT, COURT APT (5+ UNITS) • 11.12 Acres

Explore 1115 multifamily properties for sale in Chicago Heights, IL, showcased through 14 active listings on our real estate platform. These investment opportunities span a total of 19,500 square feet of properties for sale, with an estimated market value of $1,800,000.

Sale prices for multifamily properties in Chicago Heights, IL start at $1,800,000, averaging $1,800,000, and reaching up to $1,800,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Demographics Overview

Population 52K

Population Growth (5Y) -9.4%

Median Household Income $56,627

College Educated 15.0%

High-Yield Neighborhoods for Strategic Investment

Identify Chicago Heights submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

Neighborhood	Average Price
60411	$318.7K

Taxes & Financing

Average Loan-to-Value 65.0%

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Chicago Heights, IL Multifamily Properties for Sale

Renovated Duplex in Central Location

Two renovated units generating $2,000 monthly income in Steger, IL.

Historic Queen Anne Victorian Triplex

Legal 3-flat in Chicago Heights' Historic District.

Rehabbed Chicago Heights Income Property

Rehabbed Chicago Heights Multifamily Property

Updated Duplex in Chicago Heights

Updated Multi-Unit in Chicago Heights

Well-Maintained Chicago Heights Multi-Family

Chicago Heights Multifamily Property

Multi-Unit Investment Opportunity

Chicago Heights Multifamily Investment Opportunity

Chicago Heights Two-Flat For Sale

Chicago Heights Two-Unit Building

Chicago Heights Apartment Building Investment

Steger, IL Multi-Family Property

Opportunities in Nearby Cities

Hazel Crest Multifamily Investment Opportunity

Lansing Investment Property Package

Multifamily Property in Lansing, Illinois

Two Multifamily Buildings Opportunity

Potential Development Sites for Consideration

University Park Developable Land

Vacant Lot in Gated Community

Residential Land in Riverdale

Recreational Land in Gated Community

Off-Market Properties in Chicago Heights, IL

22010 Torrence Ave

436 Hickory St

3311 Un Ave

3311 Un Ave

1443 End Ave, Unit 3R

2830 Chicago Rd

218 23rd St

63 15th St

89 13th St

221 26th St

Chicago Heights, IL Multifamily Properties Investment Opportunities Market Analysis

Top Commercial Asset Segments

Demographics Overview

High-Yield Neighborhoods for Strategic Investment

Taxes & Financing

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