Lisa Lynes
- Buy
- Sell
https://www.ruhlmortgage.com/BlakeEller.html
Description
Investor alert! Fully rehabbed in 2025, this turnkey, income-producing 2 flat at 40 W Main St in Chicago Heights is the definition of low-maintenance investing. Whether you're expanding your portfolio or looking for the perfect house hack, this property is ready to generate returns from day one. Each unit has been completely updated with fresh paint, new wide plank luxury vinyl flooring, and modern lighting throughout. The brand new kitchens feature timeless shaker cabinetry, sleek quartz countertops, and ample storage. Both units offer two spacious bedrooms and a fully renovated full bath with stylish, contemporary finishes. The functional layouts provide comfortable living spaces designed to attract and retain quality tenants. The major mechanicals and big-ticket items were all replaced in 2025, including new furnaces, AC condensers, a roof, water heaters, and windows, which provides peace of mind and minimizes future capital expenses. A rear parking pad with space for up to three vehicles adds convenience and strong tenant appeal. This is a true plug-and-play investment opportunity for savvy investors and owner-occupants alike!
Property Highlights
Property Type: Multi Unit - Multiple
General Information
Bedrooms: 4
Bathrooms: 2
County: Cook
High School: Bloom High School
Listed By:
Redfin Corporation
224-699-5002
MRED MLS
MLS ID: 12579301
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40 W Main Street , Chicago Heights, IL 60411.
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toll free 866-441-1862
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $245,000 | $245,000 | $245,000 |
| Down Payment | $49,000 | $8,575 | $61,250 |
| Monthly Mortgage Amount | $1,128 | $1,404 | $1,465 |
| Taxes | $341 | $341 | $341 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $108 | $0 |
| Monthly Estimated Total | $1,569 | $1,953 | $1,906 |
Lisa Lynes
REALTOR®
Cell: (319) 330-5077
Licensed in IA
Iowa City Office
1075 Highway 1 West
Iowa City, IA 52246
(319) 351-7845
Iowa City, IA 52246
(319) 351-7845
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