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5 Beds
3 Baths

$250,000

51 W 21st Street, Chicago Heights IL, 60411

Built in1895
Property typeMulti-family
Listed by Amy Kite with Keller Williams Infinity 847-877-9881

Overview

Active

Listed Sep 19, 2026

Updated 2 weeks ago

BUYER COULD NOT SECURE THEIR FINANCING - BACK ON MARKET. 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.

$1,663/mo

Est. mortgage payment based on a $250,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
12764457

Interior Features

Bedrooms
5
Bathrooms
3
Heating
Yes
Basement
Yes

Other Property Details

Taxes
$6,837
Tax Frequency
Annually
MLS provider logo

Listed by Amy Kite with Keller Williams Infinity 847-877-9881

The data relating to real estate for sale on this website comes in part from the Broker ReciprocitySM Program of Midwest Real Estate Data. Real estate listings held by brokerage firms other than The Tamara OConnor Team are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.

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