416 Cornell Avenue Calumet City, IL 60409

$729,000
416 Cornell Avenue, Calumet City, IL 60409
09478271

Commercial Property for sale in Calumet City, IL

for $729,000 with 3 bedrooms. This 11,703 square foot building was built on a lot size of 125 X 105.

Property Information

  • $729,000
  • 3 Bedrooms
  • Commercial
  • 11,703 Square Feet
  • Taxes are $30,072
  • 5+ Family
  • Active
  • 2 Floors
  • Lot size of 125 X 105
  • Calumet City, IL
  • Fordson Manor Neighborhood
  • Cook County
  • MLS/Web ID is 09478271

Description

This is an ideal investment opportunity; a (12) unit property in great condition and fully occupied; except for one unit. Located in the Calumet City Township. The composition of units are (8) two bedroom units and (4) one bedroom units. Recent improvements include Updated kitchen & bathrooms; Intercom & doorbell system, new hot water tank, new flooring in Living-Dining rooms. The gutters were replaced. The estimated remaining life on the roof is (10) years. There is also a maintenance service agreement on the roof. All units have stoves & refrigerators.There are laundry facilities on the first level. There are (11) parking spaces in the rear of the property. The property has a positive cash flow after debt service. This is a great investment opportunity; with low maintenance.

Interior 3

Cooling System

  • Window Unit(s)

Heating System

  • Baseboard
  • Central Heat

Interior

  • Smoke Alarm

Exterior 3

Construction

  • Brick
  • Concrete

Foundation

  • Concrete

Roof

  • Pitched/Sloped

Miscellaneous 1

Documents

  • Engineering Report
  • Survey

Rental 1

Tenant Pays

  • Electric

† Excluded Feature

Listed By

Broker: SK PROPERTIES GROUP, LLC

416 Cornell Avenue, Calumet City, IL, 60409 is a Commercial Property for sale at $729,000 with 11,703 sqft and a lot size of 125 X 105. 416 Cornell Avenue has 3 bedroomsThe property's zip code is 60409 which is in Calumet City, IL

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Market Pricing

Average % of sale price Median % of sale price
All listings in Calumet City $159,306 78 % below $125,000 83 % below
Commerical listings in Calumet City $432,089 41 % below $299,900 59 % below

Get the facts about Calumet City, IL!

Population 35,878
Population Growth (since 2000) -9 %
Median Income $40,406
Median Age 36.03
Households w/ Children 31 %

Residential Dwellings

  • Owned 7986
  • Vacant 1583
  • Rented 5545

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or Call us at 1-800-839-1363