Investor alert! Fully rehabbed in 2025, this turnkey, income-producing 2 flat at 40 W Main St in Chicago Heights is the definition of low-maintenance investing. Whether you're expanding your portfolio or looking for the perfect house hack, this property is ready to generate returns from day one. Each unit has been completely updated with fresh paint, new wide plank luxury vinyl flooring, and modern lighting throughout. The brand new kitchens feature timeless shaker cabinetry, sleek quartz countertops, and ample storage. Both units offer two spacious bedrooms and a fully renovated full bath with stylish, contemporary finishes. The functional layouts provide comfortable living spaces designed to attract and retain quality tenants. The major mechanicals and big-ticket items were all replaced in 2025, including new furnaces, AC condensers, a roof, water heaters, and windows, which provides peace of mind and minimizes future capital expenses. A rear parking pad with space for up to three vehicles adds convenience and strong tenant appeal. This is a true plug-and-play investment opportunity for savvy investors and owner-occupants alike!
New
$238,000
40 W Main St, Chicago Heights, IL 60411
4beds
--sqft
Est.:
Multi Family
Built in 1891
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Two spacious bedroomsSleek quartz countertopsModern lighting throughoutFresh paintBrand new kitchensAmple storageTimeless shaker cabinetry
- 3 days |
- 173 |
- 13 |
Zillow last checked: 7 hours ago
Listing updated: April 08, 2026 at 08:10am
Listing courtesy of:
Melissa Kingsbury (224)699-5002,
Redfin Corporation
Source: MRED as distributed by MLS GRID,MLS#: 12613258
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Natural Gas
Features
- Basement: None
Property
Parking
- Total spaces: 3
- Parking features: Off Alley, Garage Faces Side, Yes, Owned
- Has garage: Yes
Lot
- Size: 3,484.8 Square Feet
Details
- Additional structures: None
- Parcel number: 32292080060000
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Vinyl Siding
Condition
- New construction: No
- Year built: 1891
- Major remodel year: 2026
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Curbs, Sidewalks, Street Lights, Street Paved
Location
- Region: Chicago Heights
Financial & listing details
- Tax assessed value: $54,810
- Annual tax amount: $2,982
- Date on market: 4/8/2026
- Ownership: Fee Simple
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 4/8/2026 | Listed for sale | $238,000 |
Source:  MRED as distributed by MLS GRID #12613258 Report a problem | ||
| 4/8/2026 | Listing removed | $238,000 |
Source: MRED as distributed by MLS GRID #12602482 Report a problem | ||
| 3/27/2026 | Contingent | $238,000 |
Source: MRED as distributed by MLS GRID #12602482 Report a problem | ||
| 3/26/2026 | Listed for sale | $238,000-2.9% |
Source: MRED as distributed by MLS GRID #12602482 Report a problem | ||
| 3/26/2026 | Listing removed | $245,000 |
Source: MRED as distributed by MLS GRID #12579301 Report a problem | ||
| 3/3/2026 | Listed for sale | $245,000+276.9% |
Source: MRED as distributed by MLS GRID #12579301 Report a problem | ||
| 8/3/2006 | Sold | $65,000+18.2% |
Source: Public Record Report a problem | ||
| 8/22/2005 | Sold | $55,000 |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2023 | $2,914 +475% | $5,481 +29.8% |
| 2022 | $507 -6.4% | $4,222 |
| 2021 | $541 -17.8% | $4,222 |
| 2020 | $658 -29.5% | $4,222 -16.4% |
| 2019 | $933 +5.6% | $5,049 |
| 2018 | $883 +0.8% | $5,049 |
| 2017 | $876 -27.5% | $5,049 +6.3% |
| 2016 | $1,209 +7.1% | $4,752 |
| 2015 | $1,129 -1.6% | $4,752 |
| 2014 | $1,147 +2.2% | $4,752 -2% |
| 2013 | $1,122 -2.7% | $4,848 |
| 2012 | $1,154 -8.7% | $4,848 |
| 2011 | $1,264 -41.6% | $4,848 -32.9% |
| 2010 | $2,164 +2.7% | $7,226 |
| 2009 | $2,106 -13.5% | $7,226 -5% |
| 2008 | $2,436 +2.9% | $7,607 +7.5% |
| 2007 | $2,367 -0.2% | $7,074 |
| 2006 | $2,371 +0.4% | $7,074 |
| 2005 | $2,363 +17.5% | $7,074 +18.7% |
| 2004 | $2,011 +3.2% | $5,958 |
| 2003 | $1,949 -5.8% | $5,958 |
| 2002 | $2,068 +14.3% | $5,958 +14.3% |
| 2001 | $1,810 +1% | $5,214 |
| 2000 | $1,793 +16.7% | $5,214 |
| 1999 | $1,536 | $5,214 |
Find assessor info on the county website
Monthly payment
Est. payment
$1,628/mo
Principal & interest
$1233
Property taxes
$395
More affordability tools
Climate risks
Neighborhood: 60411
Nearby schools
GreatSchools rating
- 5/10Washington-Mckinley Elementary SchoolGrades: PK-5Distance: 0.5 mi
- 3/10Chicago Heights Middle SchoolGrades: 6-8Distance: 1.1 mi
- 4/10Bloom High SchoolGrades: 9-12Distance: 1.3 mi
Schools provided by the listing agent
- Elementary: Mckinley Elementary School
- Middle: Mckinley Elementary School
- High: Bloom High School
- District: 170
Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- Illinois
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