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11 157th Street Calumet City, IL $ 349,000
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11 157th Street
$ 349,000
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11 157th Street

Calumet City, IL, 60409
$ 349,000
Bedrooms7 Baths0.0

Monthly Estimate*

$ 2,438

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Multi-Family Home for sale in Calumet City, IL

for $349,000 with 7 bedrooms. This home was built in 1911.

Creative financing available! Rare opportunity with this 7-unit apartment building in Calumet City. 5 out of the 7 units are occupied. Great value-add opportunity! Once stabilized, the property should gross over $88,000 a year. Dozens of improvements have been made over the past few years. In a prime situation for someone to take over in create instant equity. Ask an agent for a more details, including an Offering Memorandum, and a Cap-Ex/improvement list.

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Multi-Family Active

Price

$ 349,000

Bedrooms

7

Property Type

Multi-Family

Taxes

$ 9,565

Style

Year Built

1911

Town/City

Calumet City

County/Region

Cook

MLS | Web ID

12049645
Features
General
Year Built 1911
Tenant Pays None
Stories 2
Township Thornton
Tax Year 2022
Gross Income 72600
County Cook
Net Operating Income 35606
Operating Expense 35606
Insurance Expense 0
Property Type Commercial Sale Multi Family 5+
Status Active
Directions State Line Ave to Webb St. Right onto Legion Dr then right onto 157th. Property on the right (Corner)
City Calumet City
Total Units 7
MLS Area Calumet City
Street Name 157th
Tax Annual Amount 9565
Electric Expense 0
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 0
Additional Parcels Y/N N
Days on Market 7
Standard Status Active
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Exterior
Lot Dimensions 50X117
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Interior
Street Suffix Street
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* Excluded Features
List By
Earned Run Real Estate Group

Broker

Tariq@EllsburyGroup.com

Email

Affordability Calculator

$3,235
Per Month
75%
25%
0%
Monthly Principal & Interest
$2,438
Monthly Property Taxes
$797
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
5/7/2024$349,000 Listed Price

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11 157th Street, Calumet City, IL, 60409 is a Multi-Family Home for sale at $349,000. 11 157th Street has 7 bedrooms, 0.0 baths, and was built in 1911. The property's zip code is 60409 which is in Calumet City, IL

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