This home's estimate is 71.8% higher than the average sale price ($194K) of 5 comparable homes.
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2720 Chicago Rd, South Chicago Heights, IL 60411
About this home
Welcome to this exceptional mixed-use property that offers a unique opportunity to have your mortgage covered by tenants, making it a wise investment for both homeowners and investors alike. This versatile property includes two spacious three-bedroom apartments, ensuring a steady rental income to help offset your mortgage costs. Main Features: Two Updated Three-Bedroom Apartments: Each unit boasts generous living spaces and modern updates, ensuring a comfortable and attractive living environment for potential tenants, allowing you to command higher rental rates. Income-Generating Potential: With the ability to rent out both apartments, you can effortlessly cover your mortgage payments, making this property an ideal investment. Enjoy financial flexibility and security while residing on the property. Two-Car Garage Rental: The property includes a convenient two-car garage that can be rented separately, providing an additional source of income and increasing your overall revenue potential. Abundant Parking: The property offers ample parking for both tenants and their guests, ensuring convenience and ease of access for all residents. This mixed-use property is strategically designed to maximize potential revenue, making it an attractive investment opportunity. Don't miss out on the chance to let this property work for you, offering a comfortable living space with the added benefit of mortgage relief through rental income. Arrange a viewing today to explore the income-generating potential and unique features of this fantastic property.
Redfin Estimate
Market trends in 60411, IL
Last updated September 2026
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Provided by Redfin
Sale history for 2720 Chicago Rd
Tax history for 2720 Chicago Rd
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Property details
Parking
- Parking Information
- # of Garage Spaces: 2
- # of Parking (Total): 2
- Parking: Garage
- Garage Ownership: Owned
- Garage On-Site: Yes
- Garage Type: Detached
Interior
- Bathroom Information
- # of Baths (Full): 3
- # of Baths (1/2): 1
- Bedroom Information
- # of Bedrooms: 6
- # of Bedrooms Possible: 6
- Additional Rooms Information
- Basement Description: None
- Interior Features
- # of Rooms: 14
- Multi-Unit Information
- 3 Br Unit(s) In Bldg: Yes
- Unit Type 1 Information
- Floor Number: 1
- Sq. Ft.: 900
- # of Rooms: 1
- # of Bathrooms (Total): 1
- # of Full Bathrooms: 1
- Appliances and Features: Stove,Refrigerator
- Security Deposit: 900
- Rent: $900
- Tenant Pays: Electric,Gas,Heat
- Lease Expiration Date: Wednesday, December 1, 1999
- Unit Type 2 Information
- Floor Number: 1
- Sq. Ft.: 1,100
- # of Rooms: 5
- # of Bedrooms: 2
- # of Bathrooms (Total): 1
- # of Full Bathrooms: 1
- Appliances and Features: Stove,Refrigerator
- Security Deposit: $850
- Rent: $850
- Tenant Pays: Electric,Gas,Heat
- Lease Expiration Date: Wednesday, December 1, 1999
- Unit Type 3 Information
- Floor Number: 2
- Sq. Ft.: 1,400
- # of Rooms: 6
- # of Bedrooms: 3
- # of Bathrooms (Total): 1
- # of Full Bathrooms: 1
- Appliances and Features: None
- Security Deposit: $1,200
- Rent: $1,200
- Tenant Pays: Electric,Gas,Heat
- Lease Expiration Date: Wednesday, December 1, 1999
Exterior
- Building Information
- # Of Units in Building: 3
- Exterior Building Type: Vinyl Siding
- Age: 81-90 Years
- Built Before 1978 (Y/N): Yes
- Property Information
- Property Type: Two to Four Units
- Ownership: Fee Simple
- Rebuilt (Y/N): No
- Rehab (Y/N): Yes
- Rehab Year: 2018
- Parcel Number: 32294120360000
- Lot Information
- Dimensions: 25X168X24X1666
- Lot Size: Less Than .25 Acre
Financial
- Tax Information
- Tax Annual Amount: $7,140.03
- Tax Year: 2022
- Financial Information
- Finance Code: FHA
- Special Service Area: N
Utilities
- Utility Information
- Water Source: Public
- Sewer: Public Sewer
- Heating & Cooling
- Heating: Natural Gas
Location
- School Information
- Elementary School District: 170
- Middle Or Junior School District: 170
- High School District: 206
- Location Information
- Township: Bloom
- Corporate Limits: South Chicago Heights
- Directions: Sauk Trail, to Chicago Rd, on the west side
Public facts
- Beds: 4
- Baths: 3.5
- Sq. Ft.: 3,032
- Stories: 2.0
- Lot Size: 4,175 square feet
- Style: Multi-Family (5+ Unit)
- Year Built: 1913
- Year Renovated: —
- County: Cook County
- APN: 32294120360000
Other
- Listing Information
- Holds Earnest Money: Yes
- Possession: Closing
- Some Photos Virtually Staged?: No
Around this home
Schools
Public PreK-5 • Assigned • 0.1mi
Public 9-12 • Assigned • 1.8mi
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
Minimal risk of a flood reaching the building in the next 30 years
0.15% chance of being in a wildfire in next 30 years
7 days above 101° expected this year, 16 days in 30 years
Minor risk of severe winds over next 30 years
2 unhealthy days expected this year, 2 days in 30 years
Sun exposure
In this area, properties receive around 10.3 hours in June and 3.3 hours in December, placing it below the U.S. average for solar exposure.
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Nearby similar homes
New listings for sale in 60411
Home values near 2720 Chicago Rd
| Address | Redfin Estimate |
|---|---|
2 Beds | 1 Baths | 504 Sq. Ft. | $84,367 |
- Beds | 2 Baths | 2200 Sq. Ft. | — |
| Address | Redfin Estimate |
|---|---|
4 Beds | 3.5 Baths | 3086 Sq. Ft. | — |
- Beds | 1.5 Baths | 2340 Sq. Ft. | — |
| Address | Redfin Estimate |
|---|---|
3 Beds | 1 Baths | 936 Sq. Ft. | $123,070 |
7 Beds | 4 Baths | 3200 Sq. Ft. | — |
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