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.
Property Details
Price:
$274,900
MLS #:
MRD12644423
Status:
Active
Beds:
4
Baths:
3
Type:
Single Family
Neighborhood:
ehazelcrest
Listed Date:
May 11, 2026
Finished Sq Ft:
2,800
Year Built:
1975
See this Listing
Schools
School District:
152.5
Interior
Appliances
Range, Dishwasher
Bathrooms
3 Full Bathrooms
Cooling
Central Air
Flooring
Hardwood, Laminate
Heating
Natural Gas, Forced Air
Exterior
Construction Materials
Brick
Garage Spaces
2
Parking Features
Yes, Garage Owned, Attached, Garage
Parking Spots
2
Parking Total
2
Roof
Asphalt
Financial
HOA Fee Frequency
Not Applicable
HOA Includes
None
Tax Year
2024
Taxes
$9,434
Map
Community
- Address17208 Loomis Avenue East Hazel Crest IL
- CityEast Hazel Crest
- CountyCook
- Zip Code60429
Market Summary
Current real estate data for Single Family in East Hazel Crest as of Jun 14, 2026
6
Single Family Listed
39
Avg DOM
151
Avg $ / SqFt
$284,633
Avg List Price
Property Summary
- 17208 Loomis Avenue East Hazel Crest IL is a Single Family for sale in East Hazel Crest, IL, 60429. It is listed for $274,900 and features 4 beds, 3 baths, and has approximately 2,800 square feet of living space, and was originally constructed in 1975. The current price per square foot is $98. The average price per square foot for Single Family listings in East Hazel Crest is $151. The average listing price for Single Family in East Hazel Crest is $284,633.
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Copyright 2026. All rights reserved.
17208 Loomis Avenue
East Hazel Crest, IL


