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Whether you're a seasoned investor or purchasing your first rental property, 1020 Park Lane is the opportunity you've been waiting for! This 3-bedroom, 1-bath single-family home is occupied by a long-term tenant who wishes to stay, providing immediate and reliable cash flow from day one. The tenant pays all utilities-including water and trash through the village-keeping your operating expenses low. The home is being sold as-is, making this a straightforward, hassle-free addition to any portfolio. Secure a property that's already generating income and positioned for long-term stability. Add this high-performing investment to your portfolio today!
| DAYS ON MARKET | 202 | LAST UPDATED | 1/28/2026 |
|---|---|---|---|
| YEAR BUILT | 1962 | COMMUNITY | Ford Heights |
| COUNTY | Cook | STATUS | Active |
| PROPERTY TYPE(S) | Single Family |
| School District | Bloom High School |
|---|---|
| Elementary School | Medgar Evers Primary |
| Jr. High School | Cottage Grove Middle School |
| High School | Bloom High School |
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Range, Refrigerator |
| AREA | Ford Heights |
| BASEMENT | None |
| CONSTRUCTION | Aluminum Siding |
| HEAT | Natural Gas |
| LOT | 0 |
| LOT DIMENSIONS | 4440 |
| PARKING | Driveway |
| SEWER | Public Sewer |
| STYLE | Ranch |
| TAXES | 2816.85 |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listed with Coldwell Banker Realty
The data relating to real estate for sale on this web site comes in part from the Broker ReciprocitySM Program of MRED. All real estate listings are marked with the Broker ReciprocitySM logo or the MRED Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.
The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.
Copyright 2026 MRED. All rights reserved.

The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.
Copyright 2026 MRED. All rights reserved.
This IDX solution is (c) Diverse Solutions 2026.