Properties

Address Map
US
IL
Cook
Chicago Heights
60411
14th
37
Place
W88° 21' 23.8''
N41° 30' 18.9''
East on W 14th pl and north on Aberdeen St.
Chicago Heights
W
Additional Information
50x128
6
3
Sperry Van Ness
David Szymanowski
Financial
14709
Listing Information
1011976
18283
Active
2026-07-08T05:06:25Z
MRED
2026-07-08T05:05:30Z
Property Description

37-39 W. 14th Place is a well-located 6-unit multifamily property situated in Chicago Heights, just off Route 30 – Lincoln Highway with convenient access to retail corridors, public transportation, and major south suburban employment centers. The property benefits from its proximity to Prairie State College, Franciscan Health Olympia Fields, and nearby industrial and logistics hubs that continue to support workforce housing demand throughout the area. The property features a unit mix of (1) two-bedroom / one-bathroom unit and (5) three-bedroom / one- bathroom units, offering larger floor plans that appeal to long-term tenants and families. While the interiors have seen more limited renovations compared to other properties in the portfolio, the asset has maintained stable occupancy and presents investors with future value-add potential through continued unit upgrades. Recent capital improvements include a newer boiler and extensive tuck-pointing work, helping support the long-term physical integrity of the property. Ownership currently provides heat, while tenants are responsible for electric. The asset offers investors an opportunity to acquire a stable workforce housing property in a strong south suburban location with operational upside over time.

Commercial Sale For Sale

37 W 14th Place, Chicago Heights, Illinois 60411

$550,000
Listing ID#12694277
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Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : 12694277
Price : $550,000
Year Built : 1923
Listing Status : Active
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