Estimated payment $3,963/month
About This Home
Great Investment Opportunity in Calumet City! This solid 6-unit building is a fantastic opportunity for investors. The property features one 1-bedroom, 1-bath unit and five 2-bedroom, 1-bath units-one of which is currently vacant. Each unit includes a stove and refrigerator, and tenants have access to a common coin-operated laundry area. Additional highlights include a detached garage and several major updates completed in 2015, including the roof, windows, plumbing, electric, intercom system, entry door, and laundry. Don't miss your chance to own a well-maintained building with great income potential!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $21,856
Year Built
- Built in 1975
Lot Details
- 7,380 Sq Ft Lot
- Lot Dimensions are 60.4 x 121.5 x 59.7 x 121.6
Home Design
- Brick Exterior Construction
Interior Spaces
- 6,078 Sq Ft Home
- 3-Story Property
Utilities
- Window Unit Cooling System
- Central Heating
Community Details
Overview
- 6 Units
Building Details
- Electric Expense $612
- Fuel Expense $2,900
- Insurance Expense $4,759
- Other Expense $900
- Trash Expense $2,800
- Water Sewer Expense $2,400
- Operating Expense $43,026
- Gross Income $8,205
- Net Operating Income $55,433
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $21,856 | $35,001 | $3,137 | $31,864 |
| 2024 | $21,856 | $35,001 | $3,137 | $31,864 |
| 2023 | $17,704 | $35,001 | $3,137 | $31,864 |
| 2022 | $17,704 | $22,367 | $2,768 | $19,599 |
| 2021 | $16,675 | $22,365 | $2,767 | $19,598 |
| 2020 | $15,202 | $22,365 | $2,767 | $19,598 |
| 2019 | $15,502 | $21,000 | $2,583 | $18,417 |
| 2018 | $15,437 | $21,000 | $2,583 | $18,417 |
| 2017 | $14,797 | $21,000 | $2,583 | $18,417 |
| 2016 | $14,011 | $21,002 | $2,398 | $18,604 |
| 2015 | $13,684 | $21,002 | $2,398 | $18,604 |
| 2014 | $15,704 | $24,765 | $2,398 | $22,367 |
| 2013 | $2,549 | $4,534 | $2,398 | $2,136 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/07/2025 11/07/25 | For Sale | $410,000 | +95.2% | $67 / Sq Ft | |
| 06/18/2015 06/18/15 | Sold | $210,000 | -6.6% | -- | View Prior Sale |
| 06/18/2015 06/18/15 | Pending | -- | -- | -- | |
| 01/12/2015 01/12/15 | For Sale | $224,900 | -- | -- |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12501346
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