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0 Beds

$675,000

474 W 14th Place, Chicago Heights IL, 60411

Built in1977
Property typeMulti-family
Listed by David Szymanowski with Sperry Van Ness 818-318-6601

Overview

Active

Listed Jun 30, 2026

Updated Jul 9

474 W. 14th Place is a well-maintained 8-unit multifamily property located in Chicago Heights, just off Route 30 - Lincoln Highway, with convenient access to retail, dining, public transportation, and major regional employers. The property benefits from its proximity to Prairie State College, Franciscan Health Olympia Fields, and major industrial and logistics corridors throughout the south suburbs. The property features a unit mix of (1) one-bedroom / one-bathroom unit and (7) two-bedroom / one bathroom units, offering strong appeal to the area's workforce housing tenant base. The apartment units have been renovated with updated kitchens, flooring, paint, bathrooms, and other interior improvements, providing investors with strong in-place cash flow and limited deferred maintenance. Recent capital improvements include a newer parking lot and hot water heater, helping support the long-term condition of the asset. Tenants are responsible for their own heat and electric, helping reduce operating expenses for ownership. The asset offers an attractive combination of stable occupancy, operational efficiency, and long-term rental demand within an established workforce housing market

$4,491/mo

Est. mortgage payment based on a $675,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Other Property Details

Taxes
$23,391
Tax Frequency
Annually
Maintenance Expense
$3,053
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Listed by David Szymanowski with Sperry Van Ness 818-318-6601

The data relating to real estate for sale on this website comes in part from the Broker ReciprocitySM Program of Midwest Real Estate Data. Real estate listings held by brokerage firms other than Cynthia Howe Gajewski - Team Cynthia are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.

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Data is refreshed every 3 hours. Listing last updated 3:23 AM UTC on 7/9/2026. 

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