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Listed by Frank Montroof Keller Williams Preferred Rlty
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Est. payment /mo
Pending
1600 MEMORIAL Drive Calumet City, IL 60409
7 Beds
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Pending
Purchase Type For Sale
MLS Listing ID 12566376
Bedrooms 7
Year Built 1974
Annual Tax Amount $15,237
Tax Year 2024
Lot Dimensions 54x123
Property Sub-Type Two to Four Units
Property Description
Solid brick multi-family investment opportunity featuring 7 bedrooms and 6 bathrooms with a 3-car garage. Strong income-producing property with excellent upside potential. One studio is on a long-term lease through May 1st. All other tenants are month-to-month, providing flexibility for a new owner. Tenants are open to discussing rent increases to remain post-sale, offering immediate value-add potential. Property features include balconies on both the 1st and 2nd floors, boiler heating system, on-site laundry room, and a 3-car garage. Great opportunity for investors or owner-occupants seeking rental income.
Location
State IL
County Cook
Zoning MULTI
Rooms
Basement Finished, Full, Daylight
Interior
Heating Steam
Fireplace N
Exterior
Garage Spaces 3.0
View Y/N true
Building
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
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