Address
85 Paxton Avenue, Calumet City, IL
Price
$ 389,999
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

Property vs Pending Average in 60409

Price
AVG $160K
$390K
Taxes
AVG $7,206
$14,943
Visits
AVG 171
31
Data Provided by Inside Real Estate®
Year Built
AVG 1962
1980

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