The Grant Avenue Apartments, located 30 miles south of downtown Chicago in Chicago Heights, IL, offer a well-located, income-producing investment in a growing suburban market. The property consists of 30 residential units across three stories, with a unit mix that includes 6 studio apartments (500 sq. ft.), 18 one-bedroom/one-bath units (650 sq. ft.), and 6 two-bedroom/one-bath units (800 sq. ft.). Built in 1968 on a 0.5-acre lot, the building features 30 parking spaces. Recent upgrades totaling over $400,000 include renovations to 21 of the 30 units with new flooring, appliances, lighting, and updated cabinets and bathroom vanities. Additionally, the property received a new roof in 2020, hallway improvements, and a re-paved parking lot. Buyers have the option to assume a $760,000 loan on the property at an attractive 4% fixed interest rate through 2034. Located near major employers such as Ford Motor Company’s Stamping Plant and St. James Hospital, the apartments are ideal for local workers. The property is also close to Bloom High School, Prairie State College, and shopping options like Walmart Supercenter and Lincoln Mall, offering a blend of convenience and suburban appeal.