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51 W 21st Street Chicago Heights, IL 60411 Multi Unit - Multiple Contingent

  • 51 W 21st Street, Chicago Heights, IL 60411 Main Photo

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Description

Step into history with this remarkable investment opportunity-a legal 3-flat nestled in the Historic District of Chicago Heights. Built in 1895 by George C. Flanner, a prominent lumber baron and one of the village's first mayors, this stunning Queen Anne Victorian is rich with character and a story that truly sets it apart. From the moment you arrive, the home's timeless charm is evident, beginning with the inviting covered front porch-an ideal spot to relax and take in the beauty of this expansive .35-acre corner lot. Inside, you'll find exquisite original woodwork that showcases the craftsmanship of a bygone era, offering warmth, elegance, and architectural detail rarely found today. This legal 3-flat offers strong investment potential, and the current owner has already taken care of several major updates, including replacing lead pipes with copper, reworking the boiler, and installing a new water heater in 2025-providing peace of mind for years to come. Bring your vision and ideas for cosmetic updates to elevate this historic gem into a true showstopper. Whether you're an investor looking to expand your portfolio or a buyer seeking a one-of-a-kind property with both charm and income potential, this property delivers on every level. Own a piece of local history while enjoying the benefits of a versatile, income-producing property in a prime location. Property is being sold AS IS.

Property Highlights

Property Type: Multi Unit - Multiple

General Information

Bedrooms: 5
Bathrooms: 3
County: Cook
Listed By:
Keller Williams Infinity 630-778-5800
MRED MLS
$265,000
Est. $1,792/mo
5beds
3baths
Contingent
BEDS5 BATHS3 full MLS#12698866
STATUSContingent PROPERTY TYPEMulti Unit - Multiple SCHOOLDistrict 206

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Ruhl&Ruhl Realtors
563.441.1776

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51 W 21st Street, Chicago Heights, IL 60411.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $265,000$265,000$265,000
Down Payment $53,000$9,275$66,250
Monthly Mortgage Amount $1,323$1,602$1,650
Taxes $369$369$369
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$117$0
Monthly Estimated Total $1,792$2,188$2,119

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