16W740 56th Place

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Address: 16W740 56th Pl, Clarendon Hills, IL 60514, USA
Chicago & Midwest + Apartment Buildings
Created date: September 19, 2026
Date last updated: September 19, 2026
Price: $475,000Investment Analyzer NEW!

Property Description

Opportunity awaits at 16W740 56th Pl in Clarendon Hills! This 2-unit property offers excellent potential for an investor, rehabber, or owner-occupant looking to live in one unit while generating rental income from the other. Each unit features 3 bedrooms, 1 full bath. The building is in need of a full renovation, offering the chance to update, redesign, and add value throughout. Whether you're looking to renovate and hold as an income-producing property, add to your rental portfolio, or create a home with additional rental income, this property offers plenty of possibilities. Property is being sold AS-IS. Bring your ideas and vision and unlock the potential of this multi-unit property!

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: Apartment Buildings
Price: $475,000
Year Built: 1966
Opportunity Zone: No
Property Website Click Here
Number of Bedrooms: 6
Number of Bathrooms: 2
Address: 16W740 56th Place, Clarendon Hills, IL 60514, USA
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Step 1Financing Calculation

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Step 2Gross Rent Analysis

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Step 3Cap Rate Calculation

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Step 4Final Deal Analysis

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