416 Cornell Avenue

CALUMET CITY, Illinois 60409

Closed / MLS #9478271 / Multiple Family / Calumet City

Listing information updated 7/26/2018 at 5:09am

This is an ideal investment opportunity; a (12) unit property in great condition and fully occupied; except for one unit. 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; 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 (10) 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 (11) parking spaces in the rear of the property. The property has a positive cash flow after debt service. This is a great investment opportunity; with low maintenance.

Full Features

Square Feet:

11,703

Built:

1960

Parking Spaces:

Cooling System:

Window Unit/s

Stories:

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

Tax Amount:

$30,072

Tax Year:

N/A

Location

Zip Code:

60409

City:

Calumet City

County:

Cook

Listing Office: SK Properties Group, LLC

Listing Office Phone: 773.493.7000

Disclaimer: The data relating to real estate for sale on this website comes courtesy of Midwest Real Estate Data, LLC as distributed by MLS GRID. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 7/26/2018 at 5:09am. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

New Listings in Calumet City, IL

Recently Sold Homes in Calumet City, IL

Popular Neighborhoods near Calumet City, IL

416 Cornell Avenue is a multiple family which sold for $680,000. This multiple family has been listed on @properties since January 16th, 2017 and was built in 1960.