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394 W Lincoln Highway
Chicago Heights IL 60411 US

$575,000

Active Listing ID 12508697
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11 bed
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5.00 Bath (5 Full)
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Lot: 0.38 Acres
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Other

$575,000

Active Listing ID 12508697
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394 W Lincoln Highway Newly rehabbed 5 unit building with extremely strong rents! Boasting an 8.43% cap rate providing 10.09% cash on cash return, this is a strong turnkey investment. This building has been turned over and updated over the last year with new/refinished flooring through most of the apartments, fresh paint, new or freshened up cabinets, several updated bathrooms, several updated countertops, and exterior updates/repairs. Plenty of parking and large floorplans make this an easy to rent building.

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Property Features

  • Facts
  • Lot Size: 0.38 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Full Bathrooms: 5
  • Cooling System: Window Unit(s)
  • Additional Features
  • Basement
  • Fireplace

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 575000
  • unparsedaddress: 394 W Lincoln Highway
  • postalcity: Chicago Heights
  • stateorprovince: IL
  • country: US
  • postalcode: 60411
  • bathroomsfull: 5
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.38
  • lotsizeunits: Acres
  • lotsizearea: 0.38
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 41.505759
  • longitude: -87.657689
  • listagentfullname: Michael Scanlon
  • listagentemail: michael.scanlon@exprealty.com
  • listagentkey: 3yd-MREDIL-895103
  • listagentmlsid: 895103
  • listagentpreferredphone: (888) 574-9405
  • listagentofficephone: 7736309205
  • listofficekey: 3yd-MREDIL-87488
  • listofficemlsid: 87488
  • disclaimer: Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MREDIL
  • yearbuilt: 1926
  • listingcontractdate: 2025-10-31
  • listagenturl: https://il.exprealty.com/
  • countyorparish: Cook
  • parcelnumber: 32194020690000
  • cooling: Window Unit(s)
  • constructionmaterials: Brick
  • numberofunitstotal: 5
  • fireplaceyn: True
  • transactiontype: ForSale
  • storiestotal: 2
  • parkingtotal: 0
  • waterfrontyn: False
  • franchiseaffiliation: None
  • rooms: Bathroom 4, Bedroom 1, Bathroom 5, Bedroom 5, Bedroom 2, Bedroom 3, Bedroom 4, Bathroom 2, Bedroom 7, Bedroom 6, Bathroom 1, Bedroom 9, Bathroom 3, Bedroom 8, Bedroom 10, Bedroom 11, Basement
  • basement: Finished
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -87.65769, 41.50576
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"eXp Realty, LLC", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"michael.scanlon@exprealty.com", "ListBrokerageCity":"Chicago", "ListBrokerageCountry":"US", "ListBrokerageEmail":"il.broker@expreatly.net", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/MREDIL/a3021210a6cb11e290dc1231390c3dc2/20241220182434696.png", "ListBrokerageName":"eXp Realty, LLC", "ListBrokeragePhone":"(888) 574-9405", "ListBrokeragePostalCode":"60642", "ListBrokerageStateOrProvince":"IL", "ListBrokerageUnitNumber":"#750", "ListBrokerageUnparsedAddress":"939 W North Ave", "ListBrokerageWebsiteUrl":"https://il.exprealty.com/", "ListOfficeAddress1":"939 W. North Ave. ", "ListOfficeAddress2":"#750", "ListOfficeBrokerMlsId":"87488", "ListOfficeCity":"Chicago", "ListOfficeCountry":"USA", "ListOfficeEmail":"il.broker@expreatly.net", "ListOfficePostalCode":"60642", "ListOfficeStateOrProvince":"IL", "ListPriceCurrencyType":"USD", "ListingTitle":"MULTI_FAMILY - Chicago Heights, IL", "ListingURL":null, "MLSModificationTimestamp":"2025-11-07 08:01:19", "Neighborhoods":[{"Description":null, "Name":"Chicago Heights"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":15107, "TaxDescription":null, "TaxYear":"2023"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 12/20/2025 8:23:58 AM GMT
Source Updated Date: 12/20/2025 1:22:13 PM GMT

Courtesy of: Michael Scanlon, eXp Realty, michael.scanlon@exprealty.com

Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.