Solid, Quiet, All-Brick 6 Flats in Lincoln Terrace * Room To Increase Rents To Market Rates * Excellent Location Near Restaurants & Shopping * 3 Blocks to Train, Close to I-57 & Rt 30 * Coin Laundry On Site Provides Additional Income * Recent Unit Upgrades Including New Floors, New Cabinets, New Appliances This property is being sold as a package with 4052 216th St, Matteson, IL 60443 for $1,200,000. Proof of funds or lender approval is required before touring. Don't miss this prime investment opportunity!
Multi-familyProperty Type
1978Year Built
0.53 acresLot Size
Listed by William Lundy• Brookline Real Estate LLC
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
14
Baths
6
Stories
2
Lot width
—
Lot depth
—
Lot size
0.37 Acres
Year renovated
—
Sq. Ft.
5,863
Year built
1978
Style
Multi-Family (5+ Unit)
County
Cook County
APN
31272010180000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 12, 2026.
R-6
High Density Residential District
This district is intended to provide for high density duplex and multiple family residential and normal accessory uses. It is not intended to permit commercial, industrial, or like uses in this district; however, certain facilities required to serve governmental, educational, religious, recreational, and other needs of the area may be permitted within the district as special uses subject to restrictions intended to preserve and protect the residential character.
Permitted uses
Include but are not limited to:
Housing-Group
Housing-Single unit
Housing-Multiple units
Public service
Educational/school
Park & open space
Property details
Interior
Equipment
# Of Dishwashers: 6
# Of Washers: 1
# Of Dryers: 1
Washer/Dryer Lsd (Y/N): Yes
Unit Type 1 Information
# of Rooms: 5
# of Bedrooms: 2
# of Bathrooms (Total): 1
# of Full Bathrooms: 1
# of Units: 1
Monthly Income: $900
Monthly Income Max: $1,300
Unit Type 2 Information
# of Rooms: 5
# of Bedrooms: 2
# of Bathrooms (Total): 2
# of Full Bathrooms: 2
# of Units: 2
Monthly Income: $1,210
Monthly Income Max: $1,250
Unit Type 3 Information
# of Rooms: 5
# of Bedrooms: 3
# of Bathrooms (Total): 1
# of Full Bathrooms: 1
# of Units: 3
Monthly Income: $1,500
Monthly Income Max: $1,600
Exterior
Building Information
# of Units: 6
Built Before 1978 (Y/N): No
Property Information
Property Type: Multi Family 5+
Parcel Number: 31272010180000
Lot Information
Dimensions: 165X139
Zoning: MULTI
Financial
Tax Information
Tax Annual Amount: $40,505
Tax Year: 2023
Financial Information
Finance Code: Conventional
Gross Rent Multiplier: 8
Total Monthly Income: $15,423
Gross Income: $185,076
Utilities
Heating & Cooling
Heat/Ventilation: Central Heat/Indiv Controls,Electric,Forced Air
Cooling: Central Air, Central Individual
Location
Location Information
Directions: From I-57: Take the exit for Lincoln Highway/US-30. Head east on Lincoln Highway/US-30. Turn right onto Cicero Ave. Continue on Cicero Ave and turn left onto 207th St. Turn right onto Charleston Rd. The destination will be on your left.
Public facts
Beds: 14
Baths: 6.0
Sq. Ft.: 5,863
Stories: 2.0
Lot Size: 0.37 acres
Style: Multi-Family (5+ Unit)
Year Built: 1978
Year Renovated: —
County: Cook County
APN: 31272010180000
Home facts updated by county records on Jul 12, 2026
Other
Listing Information
Some Photos Virtually Staged?: No
Around this home
Schools
Matteson Elementary School
Public K-3 • Assigned • 0.7mi
4/10
O W Huth Middle School
Public 7-8 • Assigned • 0.5mi
5/10
Rich Township High School
Public 9-12 • Assigned • 1.7mi
6/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 101° expected this year, 16 days in 30 years
2/10 Wind Factor
Minor risk of severe winds over next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Matteson, IL • 60443
Average low and high temperatures (°F)
29
15
39
23
56
35
63
45
69
51
81
64
86
68
82
64
80
58
69
48
51
36
36
23
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 10.3 hours in
June and 3.4 hours in December, placing it below the
U.S. average for solar exposure.