417 Cornell Avenue Calumet City, IL $ 270,000
417 Cornell Avenue
$ 270,000
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417 Cornell Avenue

Calumet City, IL, 60409
$ 270,000
Bedrooms4 Baths4.2

Monthly Estimate*

$ 1,684

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Multi-Family Home for sale in Calumet City, IL

for $270,000 with 4 bedrooms and 4 full baths, 2 half baths. This home was built in 1971 on a lot size of 0.16.

Don't miss this exceptional investment opportunity! This well-maintained, all-brick 2-unit building in Calumet City features two spacious units, each offering 2 bedrooms and 1.1 bathrooms, beautiful hardwood floors, and modern stainless steel appliances for a contemporary feel. Both main units are fully occupied with reliable, paying tenants-providing instant cash flow. The finished lower level includes a third fully finished living space commonly used as an in-law suite. Seller makes no representation as to the legality of the third unit-buyers are encouraged to perform their own due diligence. Perfect for extended family living or potential rental income (buyer to verify local zoning). This added space offers flexibility and increased value. The property also includes a detached 2-car garage, a fenced backyard, and is located on a quiet, residential block close to schools, shopping, and public transportation. This is a rare, turn-key property with great income potential-schedule your showing today! 48Hr Notice is REQUIRED

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Multi-Family Contingent

Price

$ 270,000

Bedrooms

4

Full Bath

4

Half Bath

2

Property Type

Multi-Family

Taxes

$ 13,737

Style

Lot Size

0.16

Year Built

1971

Town/City

Calumet City

County/Region

Cook

MLS | Web ID

12500523

Features
Exterior
Model 2 UNIT
Parking Features Garage Door Opener Yes Garage Owned Detached Garage
Lot Features Corner Lot
Water Source Public
Total Parking 2
Foundation Details Concrete Perimeter
Lot Dimensions 53X122
Lot Size Acres 0.16
Waterfront Y/N N
Other Equipment Ceiling Fan(s) Sump Pump Water Heater-Gas
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General
Sewer Public Sewer
Heating Natural Gas Baseboard
Utilities Cable Available
Possession Closing
Roof Asphalt
Zoning MULTI
Garage Spaces 2
Construction Materials Brick
Year Built 1971
Township Thornton
Tax Year 2023
Ownership Fee Simple
Gross Income 42000
Community Features Curbs Sidewalks Street Lights Street Paved
County Cook
New Construction N
Property Type Residential Income Two to Four Units
Contingency Attorney/Inspection
Total Rooms 14
Status Contingent
Directions 147th (Sibley Blvd) to Madison N to Harding W to Prairie N to Cornell west to the building.
City Calumet City
High School District 205
MLS Area Calumet City
Tax Annual Amount 13737.68
Additional Parcels Y/N N
Standard Status Active Under Contract
Middle/Junior School District 205
Elementary School District 149
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Interior
Basement Finished Full
Total Bedrooms 4
Room Type Kitchen Den Utility Room-Lower Level
Total Baths 4
Bedrooms Possible 4
Bathroom Double Sink Soaking Tub
Full Baths Building 2
Half Baths Building 2
Total Number of Units 2
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* Excluded Features
List By
Ownyourown Realty

Broker

leslie@ownyourownrealty.com;leslie@ownyourownrealty.com

Email

Affordability Calculator

$2,829
Per Month
60%
40%
0%
Monthly Principal & Interest
$1,684
Monthly Property Taxes
$1,145
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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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Nearby
566481 Elementary School
565127 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/22/2025$270,000 Listed Price

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417 Cornell Avenue, Calumet City, IL, 60409 is a Multi-Family Home for sale at $270,000 with a lot size of 0.16. 417 Cornell Avenue has 4 bedrooms, 4.2 baths, and was built in 1971. The property's zip code is 60409 which is in Calumet City, IL