3033 Chicago Rd South Chicago Heights, IL 60411

This exceptional investment opportunity presents a 3-unit apartment building and a sizable vacant commercial space, situated on a 0.21-acre lot in South Chicago Heights, Illinois. The property, located at 3033 Chicago Rd, boasts a total square footage of 6,051, with ample parking for 12 vehicles across three parcels. The residential component includes one 1-bedroom, 1-bathroom apartment currently renting for $850 per month, and one vacant 2-bedroom, 2-bathroom unit, offering immediate potential for increased rental income. A significant 4,000 square foot vacant commercial space provides further income generation opportunities, catering to a variety of businesses. Built in 1956, the property benefits from a high average daily traffic count of 14,700 vehicles, ensuring excellent visibility and accessibility. The asking price is $280,000, translating to a price per square foot of $54.54. Annual property taxes are $7,735. This multi-faceted property offers a compelling blend of residential and commercial income streams, making it an attractive investment prospect in a high-traffic location. The property's size and layout provide flexibility for various development or expansion plans. Don't miss this chance to acquire a well-positioned asset with significant upside potential.