Active

416 Cornell Avenue

Calumet City, Illinois 60409


Stacy Karel
312.933.5819

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$729,000


Square Footage
11,703
Stacy Karel
312.933.5819
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Property Type
Multiple Family
Neighborhood
Calumet City


This is an ideal investment opportunity; a (12) unit property in excellent condition and fully occupied. Located in the Calumet City Township. The composition of units are (8) two bedroom units and (4) one bedroom units. Recent improvements include: Updated kitchen & bathrooms: the baths are all ADA compliant. Intercom & doorbell system, new hot water tank, new flooring in Living-Dining rooms. The gutters were replaced. The estimated remaining life on the roof is (13) years. There is also a maintenance service agreement on the roof. All units have stoves & refrigerators.There are laundry facilities on the first level. There are (12) parking spaces in the rear of property. The property has a positive cash flow after debt service. This is a great investment; with low maintenance.



Full Features
First Floor Master Bedroom: No
Fireplace: No
Pool: No
Square Feet: 11,703
Tax Amount: $28,606
Built: 1960
Parking Spaces: 12
Cooling System: Window Unit/s
Stories: 2
Zoning: MULTI
Building Square Feet: 11,703
Current Net Income: $80,085
Unit 1: 4 room(s) / 2 bed(s) / 1 bath(s)
Unit 2: 3 room(s) / 1 bed(s) / 1 bath(s)


Taxes & Assessments
Taxes: $28,606

Listing Office: SK Properties Group, LLC

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Calumet City

Calumet City is part of the South Suburbs. The south suburbs offer residents suburban living with convenient access to the city. Three communities within the area – Homewood, South Holland and Park Forest, have been recognized by Forbes Magazine as…

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Nearby Public Transportation

Metra
South Shore, Metra Electric Main Branch

at Hegewisch (2.28 miles away), Ivanhoe Metra






416 Cornell Avenue Calumet City, Illinois 60409 is a multiple family property, currently listed at $729,000. Want to learn more about 416 Cornell Avenue Calumet City, Illinois 60409? Contact an @properties agent to request more info.


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