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$ 319,000
Est. payment /mo
New
283 Yates AVE Calumet City, IL 60409
8 Beds
6 Baths
4,791 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12686009
Bedrooms 8
Year Built 1972
Annual Tax Amount $21,472
Tax Year 2024
Lot Size 4,791 Sqft
Lot Dimensions 40X126
Property Sub-Type Two to Four Units
Property Description
Brick 4 unit investment opportunity in Calumet City offering strong income plus a rare owner occupant option. The building features two spacious 3 bedroom, 2 bathroom units and two 1 bedroom, 1 bathroom units, 8 bedrooms and 6 baths in total, with a 3 car garage. All four units are currently leased and producing income, with two tenants on month to month terms, giving a new owner flexibility to deliver a vacant unit at closing. Live in one of the large 3 bedroom units and let the other three for your mortgage, or hold the whole building as a cash flowing rental. Recent updates throughout. Convenient to Sibley Boulevard shopping, dining, schools, and I 94 for an easy commute. Tenants pay their own electric. Solid brick construction, well maintained, and ready for its next owner. Buyers must view the property before submitting an offer. Please do not disturb tenants. The property taxes do not represent a Homeowner Exemption.
Location
State IL
County Cook
Area Calumet City
Rooms
Basement None
Interior
Heating Steam
Fireplace N
Exterior
Garage Spaces 3.0
Building
Dwelling Type Two to Four Units
Building Description Brick, No
Sewer Public Sewer
Water Public
Structure Type Brick
New Construction false
Schools
School District 149 , 149, 205
Others
Ownership Fee Simple
Special Listing Condition None
© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Michael Fisher of M Property Group LLC
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