$274,900

17208 Loomis Avenue, East Hazel Crest, IL 60429

4 beds |
3 baths |
2,800 sqft

Single-Family Home
Built in 1975
0.55acre lot
2 car garage
$98/sqft
Listed 9 days ago

Property Description

Turnkey investment opportunity in East Hazel Crest generating immediate cash flow with strong upside potential. This spacious 5-bedroom, 3-bathroom single-family home offers approximately 2,800 sq ft of living space, including a finished basement, and is currently tenant-occupied with Housing Choice Voucher assistance already in place. Current monthly rental income is $2,669, with verified potential to reach the HUD 5-bedroom rent standard of $3,200 per month upon tenant turnover. The property has been well maintained and features several major capital improvements, including comprehensive renovations completed in 2021 with a new furnace, additional basement bedroom, and added sump pump. Additional updates include new drain tiles installed in 2022 for enhanced water management and a new water heater installed in 2024. The functional layout, large bedroom count, and 3 full bathrooms make this property highly desirable for long-term tenant demand. Located in the South Suburbs with convenient access to major transportation corridors, employment centers, and local amenities, this property presents an excellent opportunity for investors seeking stable, government-backed rental income. Being sold as-is. Tenant occupied. Serious investors only.

Listing Status:: Active
Data Last Updated:: May 20, 2026 at 7:18AM
Listing Office:: PIP Realty Group : 708-829-5325
Listing Agent:: Latrease Davenport : 708-829-5325
MLS ID:: 12644423

Rooms: Bedroom 5
Appliances: RangeDishwasher
Dining: Combined w/ LivRm
Basement: FinishedFull
Flooring: HardwoodLaminate
A/C: Central Air
Heating: Natural GasForced Air
Disability Feature: None

Parking: YesGarage OwnedAttachedGarageParking spaces: 2

Roofing: Asphalt
General: 2 Stories

HOA Amenities: 0.0Not Applicable
Originating MLS: mred
School District: 152.5
County: Cook

Zoning: 29293050220000

Water: Public
Sewer: Public Sewer

Source: mred
Ownership: Fee Simple

This listing courtesy of Latrease Davenport , PIP Realty Group

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

Ready to Start a VA Loan?

Get Started

NMLS #1907 ^†

Get Prequalified »

Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.