BEDS0
BATHS
MLS#12547131
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
Property Description
CURRENT 9 CAP RATE - Pleased to present the opportunity to purchase the multi-family investment property located at 551-559 & 561 Wentworth Avenue in Calumet City, Illinois. The Property includes three (3), 3-story, multi-family buildings, containing thirty-six (36) rental units. The unit matrix includes thirty-three (33), 1-Bedroom/1-Bathroom units and three (3), Studio units. About half of the units have been recently renovated, and they property is fully stabilized with full occupancy. Property current taxes are locked in for $65,000 per year through the Affordable Housing Special Assessment Program giving clear site to maintained great cash flow for the future. The property is located in Calumet City, Illinois which is a South Suburb of Chicago located along the border of Illinois and Indiana. The property has excellent access to Interstates 90, 94, 294, 80 and 57 as well as US Routes 20, 41 and 6. The quick highway access provides easy accessibility to both Chicago Metropolitan and Northwest Indiana and the surrounding areas.
Property Features
Property Type: Multi Unit - Multiple
Lot Size: 0.52 Acres
Stories: 3.0
Taxes: $62,653
Year Built: 1968
Feature Descriptions
HVAC: Gas, Radiators, Baseboard, Radiant
Lot Dimensions: 200X125
Parcel#: 30084050360000
Units: 36
Listed By / Shown By
Listed By
Agency Name: Horvath & Tremblay IL, LLC
Agency Phone: 312-361-1643
Shown By
Agency Title: Berkshire Hathaway HomeServices Crosby Starck Real Estate
Agency Phone: 815-397-4040
Estimate Your Payment
Estimated Payment
$ 12,772.78 per month $6,676.70 Principal & Interest $5,221.08 Property Tax $875.00 Homeowner's InsuranceChange Payment Information
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559 Wentworth Avenue | MLS# 12547131
This multi-family property located at 559 Wentworth Avenue, Calumet City, IL 60409 is currently listed for sale with an asking price of $3,000,000. Search Calumet City real estate on www.bhhscrosby.com today.