402 Cornell Avenue Calumet City, IL 60409

$689,000
402 Cornell Avenue, Calumet City, IL 60409
09956758

Commercial Property for sale in Calumet City, IL

for $689,000 with 3 bedrooms. The lot size is 75X180.

Property Information

  • $689,000
  • 3 Bedrooms
  • Commercial
  • Taxes are $15,567
  • 5+ Family
  • Active
  • 3 Floors
  • Lot size of 75X180
  • Calumet City, IL
  • Fordson Manor Neighborhood
  • Cook County
  • MLS/Web ID is 09956758

Description

Multi-family investment opportunity, located on the quiet block of Cornell Ave, in Calumet City. The composition of units is 8-2 bedroom units & 4-1 bedroom units. The property is individually heated and is in great condition. The property cash-flows after debt service; the cap rate is 12.6%.

Interior 1

Heating System

  • Forced Air

Rental 1

Tenant Pays

  • Electric
  • Heating

† Excluded Feature

Listed By

Broker: SK PROPERTIES GROUP, LLC

402 Cornell Avenue, Calumet City, IL, 60409 is a Commercial Property for sale at $689,000 with a lot size of 75X180. 402 Cornell Avenue has 3 bedrooms and 0.0 baths. The 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 $160,377 77 % below $132,500 81 % below
Commerical listings in Calumet City $383,706 44 % below $299,900 56 % 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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