6715 174th Street, Tinley Park, IL

$399,000

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4

Beds

0.18

Acres

About 6715 174th Street

INVESTMENT OPPORTUNITY JUST STEPS FROM DOWNTOWN TINLEY PARK! Located at 6715 174th St, situated on a 8,030 sq ft lot 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

Listing Map

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