85 Paxton Avenue Calumet City, IL $ 389,999
85 Paxton Avenue
$ 389,999
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85 Paxton Avenue

Calumet City, IL, 60409
$ 389,999
Bedrooms4 Baths0.0 Sq 5,229

Monthly Estimate*

$ 2,724

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Multi-Family Home for sale in Calumet City, IL

for $389,999 with 4 bedrooms. This 5,229 square foot home was built in 1980.

Beautiful Well Maintained all brick 5 Unit Multi-Family building in vibrant Calumet City! Currently generating Great Cash Flow for the current owner! This gem is in a prime location only a few blocks away from nearby restaurants, shops and the expressway. Fully occupied with Central AC in each unit. Property has 4 one bedroom one bath and 1 three bedroom one bath units. Communal laundries generating thousands in extra income a year. Tenants pay their own electric/heat and are currently on annualized leases. Amazing opportunity for the next future landlord or investor. With the demand in rentals and the shortage in housing get in on the hottest sector in real estate today!! Multi-family properties are in extremely high demand and for very good reason. Contact me for a private showing

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Multi-Family Pending

Price

$ 389,999

Bedrooms

4

Property Type

Multi-Family

Taxes

$ 14,943

Style

Year Built

1980

Town/City

Calumet City

County/Region

Cook

MLS | Web ID

12017273

Features
General
Cooling Central Air
Zoning MULTI
Construction Materials Brick
Year Built 1980
Electric Separate Meters
Tenant Pays Electricity Heat
Stories 3
Township Thornton
Tax Year 2022
Gross Income 74400
County Cook
Net Operating Income 54117
Operating Expense 20883
Insurance Expense 3000
Property Type Commercial Sale Multi Family 5+
Status Pending
Directions Torrence Ave to Sibley Blvd West to Paxton South to address. Destination will be on the right
City Calumet City
Total Units 5
MLS Area Calumet City
Street Name Paxton
Tax Annual Amount 14943
Electric Expense 180
Fuel Expense 0
Trash Expense 660
Water Sewer Expense 1800
Additional Parcels Y/N N
Days on Market 8
Standard Status Pending
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Interior
Total Fireplaces 0
Street Suffix Avenue
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Exterior
Building Area Total 5229
Lot Dimensions 50X125
Exterior Brick
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* Excluded Features
List By
Keller Williams Preferred Rlty

Broker

mikemusa@kw.com

Email

Affordability Calculator

$3,970
Per Month
69%
31%
0%
Monthly Principal & Interest
$2,724
Monthly Property Taxes
$1,245
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
Pricing History
DatePricePrice ChangeDescription
4/1/2024$389,999 Listed Price

Map


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85 Paxton Avenue, Calumet City, IL, 60409 is a Multi-Family Home for sale at $389,999 with 5,229 sqft. 85 Paxton Avenue has 4 bedrooms, 0.0 baths, and was built in 1980. The property's zip code is 60409 which is in Calumet City, IL