South Chicago Heights, IL 60411,3229 Commercial AVE
South Chicago Heights, IL 60411,3229 Commercial AVE
South Chicago Heights, IL 60411,3229 Commercial AVE
South Chicago Heights, IL 60411,3229 Commercial AVE
South Chicago Heights, IL 60411,3229 Commercial AVE
South Chicago Heights, IL 60411,3229 Commercial AVE
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Michael Bempah

Michael Bempah

The Bempah Group

+1(630) 206-9116
$ 775,000
Est. payment | /mo
Save
$ 775,000
Est. payment | /mo
Save

Key Details

Property Type Multi-Family

Sub Type Multi Family 5+

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12513857

Year Built 1969

Annual Tax Amount $9,910

Tax Year 2023

Lot Dimensions 50x125

Property Sub-Type Multi Family 5+

Property Description

Don't miss this incredible fully leased investment opportunity! This hard to find 7 unit building is over an 8 cap at the list price. No deferred maintenance and below market rents combine to create tremendous value add potential. With seven total units rent increases to market value and further increases over time will have an exponential effect on value. All of the apartments are desirable 2 bedroom units with a spacious family room. Coin op laundry and storage are available in the basement. One apartment has just been updated with quartz counter tops, new appliances and bathroom fixtures (rented immediately!). Other updates include new windows, new appliances, new exterior lighting and the fire safety system has been updated. New 10 year smoke and CO detectors were just installed. Low to no vacancy history. Restaurants, national retailers and the Jewel grocery store are all within walking distance make renting apartments a breeze. There are 7 onsite parking spaces and unrestricted on street parking. Don't wait, opportunities like this don't come often!

Location

State IL

County Cook

Area South Chicago Heights

Zoning MULTI

Rooms

Basement Unfinished

Interior

Fireplace N

Building

Dwelling Type Multi Family 5+

Structure Type Brick

Midwest Real Estate Data (MRED) IDX
© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Charles Kirkwood of  Coldwell Banker Real Estate Group 
NEARBY SCHOOL & BUSINESS
SCHOOLSPROPERTIES
Elementary Schools 20
  • 7

    Coretta Scott King Magnet School

    Public | KG - 6

  • 6

    Illinois School

    Public | KG - 8

  • 6

    Lincoln Elementary School

    Public | KG - 8

  • 5

    Kennedy Elementary School

    Public | KG - 8

  • 5

    Beacon Hill Primary Center

    Public | PK - 3

  • 5

    Crete Elementary School

    Public | KG - 5

  • 5

    Cottage Grove Upper Grade Center

    Public | 5 - 8

  • 5

    Medgar Evers Primary Academic Center

    Public | PK - 4

  • 4

    Wilson Elementary School

    Public | KG - 8

  • 4

    Roosevelt Elementary School

    Public | KG - 8

  • 4

    Washington-Mckinley Elementary School

    Public | KG - 8

  • 3

    Greenbriar Elementary School

    Public | KG - 8

  • 3

    Jefferson Elementary School

    Public | KG - 8

  • 3

    Garfield Elementary School

    Public | KG - 8

  • 3

    Eastview Elementary School

    Public | KG - 5

  • 2

    U S Grant Elementary School

    Public | KG - 8

  • 0

    Homewood Christian Academy

    Private | PK - 8

  • 0

    Nazarene Nursery School & Kindergarten

    Private | PK - KG

  • 0

    South Suburban Seventy-Day Adventist Christian School

    Private | PK - 8

  • 0

    Deer Creek Christian School

    Private | PK - 8

Middle Schools 1
  • 4

    Columbia Central School

    Public | 6 - 8

High Schools 7
  • 3

    Crete-Monee High School

    Public | 9 - 12

  • 1

    Bloom High School

    Public | 9 - 12

  • 1

    Bloom Trail High School

    Public | 9 - 12

  • 0

    Speed Independence High School

    Public | 9 - 12

  • 0

    Marian Catholic High School

    Private | 9 - 12

  • 0

    District 206 Alternative High School

    Public | 9 - 12

  • 0

    Illinois Lutheran High School

    Private | 9 - 12

School and business data provided by Attom Data.
GET MORE INFORMATION
Michael Bempah
Michael Bempah

Broker | License ID: 475.175881

+1(630) 206-9116

50 S Main St, Naperville, IL, 60540, USA

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3229 Commercial AVE

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