NOT LISTED FOR SALE

305 Memorial Dr Calumet City, IL 60409

7 Beds
3 Baths
-- Sq Ft
4,356 Sq Ft Lot

Last Sold April 04, 2024

Last sale price $215,000

78 Days on Market

Highlights

  • Property is near a park
  • Heating System Uses Steam
  • 2-minute walk to Memorial Park
  • 3 Car Detached Garage
  • Paved or Partially Paved Lot

About This Home

As of April 2024

Attention investors! Here's your chance to own a great 3-unit investment property in Calumet City. This well-maintained building can be yours today! It includes two 2-bedroom, 1-bath units and one 3-bedroom, 1-bath unit. Recent updates from 2019 include a new furnace, tuck-pointing, exterior doors and locks, and a new roof. Two out of the three units are currently rented to reliable tenants with a strong payment history, ensuring a steady income (unit 3 vacant). Additionally, there's a 3-car garage and a side driveway. Located steps away from Calumet Memorial Park. Don't let this fantastic opportunity slip through your fingers!

Last Agent to Sell the Property

Mina Joniak

Crosstown Realtors, Inc. License #475198527 Listed on: 11/20/2023

Crosstown Realtors, Inc.

Co-Listed By

Kelsey Domina

Crosstown Realtors, Inc. License #475200912

Last Buyer's Agent

Rae Caulton

Rae Lynn Realty LLC License #471021579

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1926

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 35.9 x 120.9 x 35.2 x 120.8
  • Paved or Partially Paved Lot

Parking

  • 3 Car Detached Garage
  • 3 Open Parking Spaces
  • Garage Door Opener
  • Off-Street Parking
  • Parking Included in Price

Home Design

  • Brick Exterior Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Potential Bedrooms
  • 3 Bathrooms

Schools

  • Thornton Fractnl No High School

Utilities

  • Heating System Uses Steam
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Additional Features

  • Basement Fills Entire Space Under The House
  • Property is near a park

Community Details

Overview

  • 3 Units

Building Details

  • Electric Expense $300
  • Fuel Expense $4,440
  • Insurance Expense $1,400
  • Water Sewer Expense $2,040
  • Gross Income $34,536

Property Details

Home Type

Multi-Family

Year Built

Built in 1926

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1926
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 3
  • Total Bedrooms: 7
  • Basement Description: Finished
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 3
  • Half Bathrooms in Building: 0

Exterior Features

  • Foundation Details: Concrete Perimeter
  • List Price: 219900
  • Lot Features: Sidewalks, Streetlights
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 3
  • OpenParkingSpaces: 3
  • Parking Features: Off Street
  • ParkingTotal: 6
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Steam
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Community Features: Park, Curbs, Sidewalks, Street Lights, Street Paved

Fee Information

  • Water Sewer Expenses: 2040

Schools

  • High School: Thornton Fractnl No High School
  • Middle/Junior School District: 155

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.1
  • Lot Dimensions: 35.9 X 120.9 X 35.2 X 120.8
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Multi Family

  • Fuel Expense: 4440
  • Insurance Expense: 1400
  • ElectricExpense: 300
  • GrossIncome: 34536
  • Units in Building: 3
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 3 Flat

Tax Info

  • Tax Annual Amount: 14598.89
  • Tax Year: 2022
  • Tax Exemptions: None

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/04/2024 04/04/24 Sold $215,000 -2.2% --
02/07/2024 02/07/24 Pending -- -- --
02/01/2024 02/01/24 For Sale $219,900 0.0% --
01/14/2024 01/14/24 Pending -- -- --
12/05/2023 12/05/23 Price Changed $219,900 -4.3% --
11/20/2023 11/20/23 For Sale $229,900 +55.3% --
10/05/2020 10/05/20 Sold $148,000 -4.5% -- View Prior Sale
07/28/2020 07/28/20 Pending -- -- --
07/22/2020 07/22/20 For Sale $154,900 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11934250

Midwest Real Estate Data (MRED)