Properties

Address Map
US
IL
Cook
Chicago Heights
60411
14th
474
Place
W88° 20' 12.6''
N41° 30' 18.1''
east on 14th place and north on Division st
Chicago Heights
W
Additional Information
90x145
8
2
Sperry Van Ness
David Szymanowski
Financial
23391
Listing Information
1011976
18283
Active
2026-07-08T05:06:06Z
MRED
2026-07-08T05:05:32Z
Property Description

474 W. 14th Place is a well-maintained 8-unit multifamily property located in Chicago Heights, just off Route 30 – Lincoln Highway, with convenient access to retail, dining, public transportation, and major regional employers. The property benefits from its proximity to Prairie State College, Franciscan Health Olympia Fields, and major industrial and logistics corridors throughout the south suburbs. The property features a unit mix of (1) one-bedroom / one-bathroom unit and (7) two-bedroom / one bathroom units, offering strong appeal to the area’s workforce housing tenant base. The apartment units have been renovated with updated kitchens, flooring, paint, bathrooms, and other interior improvements, providing investors with strong in-place cash flow and limited deferred maintenance. Recent capital improvements include a newer parking lot and hot water heater, helping support the long-term condition of the asset. Tenants are responsible for their own heat and electric, helping reduce operating expenses for ownership. The asset offers an attractive combination of stable occupancy, operational efficiency, and long-term rental demand within an established workforce housing market

Commercial Sale For Sale

474 W 14th Place, Chicago Heights, Illinois 60411

$675,000
Listing ID#12693968
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Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : 12693968
Price : $675,000
Year Built : 1977
Listing Status : Active
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