283 Yates Avenue Calumet City, IL $ 319,000
283 Yates Avenue
$ 319,000
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283 Yates Avenue

Calumet City, IL, 60409
$ 319,000
Bedrooms8 Baths6.0

Monthly Estimate*

$ 2,014

283 Yates Avenue, Calumet City, IL 60409 - Image 1
283 Yates Avenue, Calumet City, IL 60409 - Image 2
283 Yates Avenue, Calumet City, IL 60409 - Image 3
283 Yates Avenue, Calumet City, IL 60409 - Image 4
283 Yates Avenue, Calumet City, IL 60409 - Image 5
283 Yates Avenue, Calumet City, IL 60409 - Image 6
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283 Yates Avenue, Calumet City, IL 60409 - Image 8
283 Yates Avenue, Calumet City, IL 60409 - Image 9
283 Yates Avenue, Calumet City, IL 60409 - Image 10

Multi-Family Home for sale in Calumet City, IL

for $319,000 with 8 bedrooms and 6 full baths. This home was built in 1972 on a lot size of 0.11.

Brick 4 unit investment opportunity in Calumet City offering strong income plus a rare owner occupant option. The building features two spacious 3 bedroom, 2 bathroom units and two 1 bedroom, 1 bathroom units, 8 bedrooms and 6 baths in total, with a 3 car garage. All four units are currently leased and producing income, with two tenants on month to month terms, giving a new owner flexibility to deliver a vacant unit at closing. Live in one of the large 3 bedroom units and let the other three for your mortgage, or hold the whole building as a cash flowing rental. Recent updates throughout. Convenient to Sibley Boulevard shopping, dining, schools, and I 94 for an easy commute. Tenants pay their own electric. Solid brick construction, well maintained, and ready for its next owner. Buyers must view the property before submitting an offer. Please do not disturb tenants. The property taxes do not represent a Homeowner Exemption.

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Multi-Family Active

Price

$ 319,000

Bedrooms

8

Full Bath

6

Property Type

Multi-Family

Taxes

$ 21,472

Style

Lot Size

0.11

Year Built

1972

Town/City

Calumet City

County/Region

Cook

MLS | Web ID

12686009

Features
General
Sewer Public Sewer
Heating Steam
Possession Closing
Garage Spaces 3
Construction Materials Brick
Year Built 1972
Township Thornton
Tax Year 2024
Ownership Fee Simple
County Cook
New Construction N
Property Type Residential Income Two to Four Units
Total Rooms 18
Status New
Directions Sibley Blvd east to Yates north to property
City Calumet City
High School District 205
MLS Area Calumet City
Tax Annual Amount 21472
Additional Parcels Y/N N
Standard Status Active
Middle/Junior School District 149
Elementary School District 149
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Interior
Basement None
Total Bedrooms 8
Total Baths 6
Bedrooms Possible 8
Full Baths Building 6
Half Baths Building 0
Total Number of Units 4
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Exterior
Parking Features Yes Detached Garage
Water Source Public
Total Parking 3
Lot Dimensions 40X126
Lot Size Acres 0.11
Waterfront Y/N N
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* Excluded Features
List By
M Property Group Llc

Broker

mike@mfcashflow.com

Email

Affordability Calculator

$3,804
Per Month
53%
47%
0%
Monthly Principal & Interest
$2,014
Monthly Property Taxes
$1,789
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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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Nearby
566481 Elementary School
565127 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/3/2026$319,000 Listed Price

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283 Yates Avenue, Calumet City, IL, 60409 is a Multi-Family Home for sale at $319,000 with a lot size of 0.11. 283 Yates Avenue has 8 bedrooms, 6.0 baths, and was built in 1972. The property's zip code is 60409 which is in Calumet City, IL