37 W 14th Place

Chicago Heights, IL 60411

37-39 W. 14th Place is a well-located 6-unit multifamily property situated in Chicago Heights, just off Route 30 - Lincoln Highway with convenient access to retail corridors, public transportation, and major south suburban employment centers. The property benefits from its proximity to Prairie State College, Franciscan Health Olympia Fields, and nearby industrial and logistics hubs that continue to support workforce housing demand throughout the area. The property features a unit mix of (1) two-bedroom / one-bathroom unit and (5) three-bedroom / one- bathroom units, offering larger floor plans that appeal to long-term tenants and families. While the interiors have seen more limited renovations compared to other properties in the portfolio, the asset has maintained stable occupancy and presents investors with future value-add potential through continued unit upgrades. Recent capital improvements include a newer boiler and extensive tuck-pointing work, helping support the long-term physical integrity of the property. Ownership currently provides heat, while tenants are responsible for electric. The asset offers investors an opportunity to acquire a stable workforce housing property in a strong south suburban location with operational upside over time.

Listing Courtesy of MRED as distributed by MLS Grid of Sperry Van Ness



Based on information submitted to the MLS GRID as of 2026-09-27 09:31 PM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Last checked: 2026-09-27 09:31 PM UTC
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