About 6715 174th Street
INVESTMENT OPPORTUNITY JUST STEPS FROM DOWNTOWN TINLEY PARK! Located at 6715 174th St, this two-flat offers incredible potential for investors, renovators, and developers looking to capitalize on a desirable location near Downtown Tinley Park, shopping, dining, and the Metra station. The property is currently configured as a two-unit building and is in need of TLC, presenting an excellent opportunity to renovate, add value, and generate rental income. With the right improvements, estimated rental rates could range from $1,750 to $1,850 per month per renovated 2-bedroom, 1-bathroom unit, offering attractive income potential for investors. Rental figures are estimates based on the location and are not guaranteed. Beyond its rental potential, the property also offers an exciting redevelopment opportunity! Located within Tinley Park's Downtown General (DG) Subdistrict, the site may offer possibilities for future multifamily redevelopment, subject to Village zoning regulations, density requirements, and approvals. Whether you're looking to renovate and hold as an income-producing property or explore future redevelopment possibilities, this property offers multiple investment strategies in a growing downtown area. PROPERTY IS BEING SOLD AS-IS. Buyer to perform all due diligence regarding property condition, rental potential, zoning, and redevelopment opportunities.
Features of 6715 174th Street
| MLS® # | 12768394 |
|---|---|
| Price | $399,000 |
| Bedrooms | 4 |
| Bathrooms | 0.00 |
| Acres | 0.18 |
| Year Built | 1880 |
| Type | Residential Income |
| Sub-Type | Two to Four Units |
| Status | Active |
Community Information
| Address | 6715 174th Street |
|---|---|
| Area | Tinley Park |
| City | Tinley Park |
| County | Cook |
| State | IL |
| Zip Code | 60477 |
Amenities
| Parking Spaces | 2 |
|---|---|
| Parking | Yes, Garage Owned, Detached, Garage |
| # of Garages | 2 |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Natural Gas |
|---|---|
| Fireplace | No |
| Has Basement | Yes |
| Basement | Partially Finished, Partial |
Exterior
| Exterior | Aluminum Siding |
|---|---|
| Lot Description | Level |
| Roof | Asphalt |
| Foundation | Stone |
School Information
| District | 146 |
|---|
Additional Information
| Days on Market | 10 |
|---|---|
| Zoning | MULTI |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | @properties Christies International Real Estate |
|---|