283 Yates Avenue, Calumet City, IL

$319,000

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8

Beds

0.11

Acres

About 283 Yates Avenue

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.

Features of 283 Yates Avenue

MLS® # 12686009
Price $319,000
Bedrooms 8
Bathrooms 0.00
Acres 0.11
Year Built 1972
Type Residential Income
Sub-Type Two to Four Units
Status Contingent
Taxes $21,472

Community Information

Address 283 Yates Avenue
Area Calumet City
City Calumet City
County Cook
State IL
Zip Code 60409

Amenities

Parking Spaces 3
Parking Yes, Detached, Garage
# of Garages 3
Is Waterfront No
New Construction No
Has Pool No

Interior

Heating Steam
Fireplace No
Has Basement No
Basement None

Exterior

Exterior Brick

School Information

District 205

Additional Information

Days on Market 33
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeM Property Group LLC

Listing Map

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