Property Attributes
- MLS#12017273
- TypePending
- CountyCOOK
- CityCalumet City
- AreaCalumet City
- Zip60409
- Style
- Year Built1980
- Taxes$ 14943
- Price$ 389,999
- Bedrooms4
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage5229
Data Source:
Midwest Real Estate Data (MRED)
Property Description
Beautiful Well Maintained all brick 5 Unit Multi-Family building in vibrant Calumet City! Currently generating Great Cash Flow for the current owner! This gem is in a prime location only a few blocks away from nearby restaurants, shops and the expressway. Fully occupied with Central AC in each unit. Property has 4 one bedroom one bath and 1 three bedroom one bath units. Communal laundries generating thousands in extra income a year. Tenants pay their own electric/heat and are currently on annualized leases. Amazing opportunity for the next future landlord or investor. With the demand in rentals and the shortage in housing get in on the hottest sector in real estate today!! Multi-family properties are in extremely high demand and for very good reason. Contact me for a private showing
Price History | |
---|---|
4/1/2024 | Listed $389,999 |
General Features
Cooling | Central Air |
---|---|
Zoning | MULTI |
Construction Materials | Brick |
Year Built | 1980 |
Electric | Separate Meters |
Tenant Pays | Electricity,Heat |
Stories | 3 |
Township | Thornton |
Tax Year | 2022 |
Gross Income | 74400 |
County | Cook |
Net Operating Income | 54117 |
Operating Expense | 20883 |
Insurance Expense | 3000 |
Property Type | Commercial Sale |
MaintenanceExpense | 300 |
Status | Pending |
Directions | Torrence Ave to Sibley Blvd West to Paxton South to address. Destination will be on the right |
City | Calumet City |
Total Units | 5 |
MLS Area | Calumet City |
Street Name | Paxton |
Tax Annual Amount | 14943 |
Electric Expense | 180 |
Trash Expense | 660 |
Water Sewer Expense | 1800 |
Additional Parcels Y/N | No |
Days on Market | 8 |
Standard Status | Pending |
Property Type | Multi Family 5+ |
Interior Features
Street Suffix | Avenue |
---|
Exterior Features
Building Area Total | 5229 |
---|---|
Lot Dimensions | 50X125 |
Exterior | Brick |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool