$ 3,000,000
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$3,000,000
Price -
0
Bed -
0
Bath -
0
SqFt
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About the Listing 87527 - 896545
CURRENT 9 CAP RATE - Pleased to present the opportunity to purchase the multi-family investment property located at 551-559 & 561 Wentworth Avenue in Calumet City, Illinois. The Property includes three (3), 3-story, multi-family buildings, containing thirty-six (36) rental units. The unit matrix includes thirty-three (33), 1-Bedroom/1-Bathroom units and three (3), Studio units. About half of the units have been recently renovated, and they property is fully stabilized with full occupancy. Property current taxes are locked in for $65,000 per year through the Affordable Housing Special Assessment Program giving clear site to maintained great cash flow for the future. The property is located in Calumet City, Illinois which is a South Suburb of Chicago located along the border of Illinois and Indiana. The property has excellent access to Interstates 90, 94, 294, 80 and 57 as well as US Routes 20, 41 and 6. The quick highway access provides easy accessibility to both Chicago Metropolitan and Northwest Indiana and the surrounding areas.
Listing Highlights
Status
Active
Days on Site
42
Property Type
Multi-Family
MLS ®
12547131
Year Built
1968
Total Square Footage
0
Lot/Acreage
0.52
County
Cook
Area
Calumet City
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond:
- Heating: Gas,Radiators,Baseboard,Radiant
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water:
Exterior Details
- Garage Capacity: N/A
- Lot Dimensions: 200X125
- Roof:
- Others:
- Sewer:
Financial Details
- Tax Amount: $62,653
- Taxes w/Assessments: N/A
- Tax/Property ID: 30084050360000
- Tax Year: 2024
Payment Calculator
Monthly Payment
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Questions About..
559 Wentworth Ave Calumet City, IL 60409
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