Back 298 West 16th Street
Off Market

298 West 16th Street

Chicago Heights IL 60411

6
2
0.21 ac.
Multi-Family
Last sold for $151,000
Dale TaylorDale Taylor, last sold this property on 19 December 2025 after 127 days on market.

Overview

THE MAYOR NOTES ON THE VILLAGE WEBSITE "CHICAGO HEIGHTS BEGAN AS AN IMMIGRANT COMMUNITY BECOMING HOME TO GENERATIONS OF FAMILIES, REMAINING A DIVERSE COMMUNITY OF MANY CULTURES, WELCOMING FUTURE GENERATIONS TO A VILLAGE WITH A VISION TO REVITALIZE THE LOCAL ECONOMY AND IMPROVE THE QUALITY OF LIFE FOR EVERY RESIDENT!" POLICE AND FIRE DEPARTMENTS, EXTENSIVE RESIDENTIAL SERVICES, MAYOR'S OFFICE OF SPECIAL EVENTS INCLUDING ANNUAL FALL FIESTA CELEBRATION, BIKE TRAILS, FOREST PRESERVES, MINUTES TO COMMUTER TRAIN AND INTERSTATES, DINING, PARK DISTRICT RECREATIONAL FACILITY, LIBRARY, SHOPPING, AND MORE! (CUSTOMIZABLE-FIXER-UPPER-AS-IS ESTATE-SALE MEANS VILLAGE INSPECTION REPAIRS BUYER'S RESPONSIBILITY) ALL-BRICK-2-FLAT! ENCLOSED REAR PORCH STAIRS ACCESS 1,480 SQUARE FEET OF EXPANSIVE LIVING SPACE ON EACH OF 3 LEVELS COMPRISING TALL CEILINGS, 2 LARGE KITCHENS, 2 FORMAL DINING ROOMS, FIREPLACES IN 2 FORMAL LIVING ROOMS, HARDWOOD FLOORS, AUTHENTIC WOOD COVE MOLDINGS AND TRIM, ABOVE AVERAGE SIZE 3 BEDROOMS ON 1ST AND 2ND LEVELS, 2 FULL BATHROOMS WITH DEEP VINTAGE SOAKING TUBS, EXTRA SHOWER, UTILITY SINK, ABUNDANCE OF STORAGE IN LARGE FULL BASEMENT. AN OVER 40 FOOT WIDE LOT HUGS A FLORIDA ROOM. AND ALL OF THIS LOCATED IN AREA OF HUGE HISTORIC HOMES. EACH UNIT COULD POSSIBLY RENT FOR $2K EACH MONTHLY FOR A POTENTIAL $48K ANNUALLY!

Features

6 bedrooms
2 bathrooms
0.21 ac. lot size
Multi-Family

Estimated Value

Based on this property and similar 6 bedroom multi families sold in Chicago Heights over the last 12 months, the estimated median property value of 298 West 16th Street is $210k.

Median value
$210k
Estimated value range
$1.7k - $325k
Median days on market
9
Estimated value trend
-3%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Chicago Heights. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 298 West 16th Street

2025
Sold
$151,000
19 Dec 2025 by Dale Taylor, of REMAX 10 | Chicago

Happy sellers in Chicago Heights

87%
87% of sellers in Chicago Heights reported that their sale price either exceeded or met their price expectations.

Chicago Heights stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 3 reviews in Chicago Heights over the last 12 months.

Local market activity for 6 bedroom multi families in Chicago Heights

In the last 12 months, 11 six-bedroom multi families similar to 298 West 16th Street, have been sold.

This represents a 9% increase in six-bedroom multi families sales when compared to the previous 12 months.

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