$300,000 Price Analysis    ♡   Calumet City, IL 60409 8 bed 4 bath unknown SqFt ($0/SqFt) 1.52 acre lot. Built 1946 Listed 2022-10-29, Taxes $20,468 | Ⓧ USDA Ineligible due to location near Calumet City |
Fantastic investment opportunity!
* Has Contingent Offer *Three houses, plus a coach house and additional detached garage, on a massive lot has the potential to generate extraordinary cash flow. Property is large enough to be sold off in portions or to build more homes on site to increase income. Currently with potential for six or more rental units altogether! Two larger homes on the front of the property feature potential for four rentl units and each has attached garages.
One smaller cottage in the middle of the lot is currently an individual rental unit. Additional buildings include a coach house and a detached garage. Ample parking lots provide room for up to 15 cars to p ark. Sold As Is. Value in the size & expansion opportunity that this property provides. Buyer is responsible for independently confirming all information regarding property. Property dual-zoned for residential & business.
Presented by Jason Hinsley at
@properties Oak Park.
Property MLS #11663186 from MRED
Bedrooms Possible: 8
Basement Features: Partial
Basement Description: Unfinished
Full Bathrooms: 4
Lot Size Dimensions: 195X330X182X355
Lot Size Square Feet: 66211
Garage Description: Attached, Detached
Parking Features: Unassigned
Parking Total: 21
Calculated Total Monthly Association Fees: 0
High School District: 215
Map directions Map directions Map directions Map directionsBedrooms in Unit-2: 2
Bedrooms in Unit-3: 2
Bedrooms in Unit-4: 2
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 1
Total Bathrooms in Unit-4: 1
Full Bathrooms in Unit-1: 1
Full Bathrooms in Unit-2: 1
Full Bathrooms in Unit-3: 1
Full Bathrooms in Unit-4: 1
Total Rooms in Unit-1: 5
Total Rooms in Unit-2: 6
Total Rooms in Unit-3: 9
Total Rooms in Unit-4: 5
Unit-1 Description: Unit 1
Unit-2 Description: Unit 2
Unit-3 Description: Unit 3
Unit-4 Description: Unit 4
Unit 1 Total Actual Rent: 800
Unit 2 Total Actual Rent: 725
Unit 3 Total Actual Rent: 750
Unit 4 Total Actual Rent: 1100
Source Listing Status: Active Under Contract
County: Cook
Directions: From 94, E on River Oaks Drive, Property is on N side of River Oaks Drive, between Burnham Ave & Wentworth Ave.
Tax Year: 2021
Ownership: Fee Simple
Source Property Type: Residential Income
Parcel Number: 30201020140000
Township: Thornton
Zoning: MULTI
Property Subtype: Two to Four Units
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2021 | $14,495 + $9,970 $24,465 | $20,468 |
| 2020 | $14,495 + $9,970 $24,465 | $17,289 |
| 2019 | $7,530 + $9,970 $17,500 | $13,011 |
| 2018 | $7,530 + $9,970 $17,500 | $13,092 |
| 2017 | $7,530 + $9,970 $17,500 | $12,433 |
| 2016 | $9,191 + $8,309 $17,500 | $11,793 |
| 2015 | $21,202 + $8,309 $29,511 | $19,591 |
| 2014 | $21,202 + $8,309 $29,511 | $17,202 |
| 2013 | $21,770 + $8,309 $30,079 | $16,214 |
| 2012 | $21,770 + $8,309 $30,079 | $15,100 |
| 2011 | $21,770 + $8,309 $30,079 | $14,500 |
| 2010 | $20,842 + $8,309 $29,151 | $12,413 |
| 2009 | $20,842 + $8,309 $29,151 | $11,441 |
| 2007 | $23,433 + $7,976 $31,409 | $10,169 |
| 2006 | $23,433 + $7,976 $31,409 | $9,241 |
$300,000
MRED
Listing removed 2024-04-30
$0
MRED
Listed 2022-10-29
$300,000
MRED
Listing removed 2022-03-04
$0
MRED
Price Changed 2021-12-16
$325,000
MRED
Listed 2021-11-29
$350,000
MRED
Sold 2014-03-11
$157,500
Public Record
Property Age: 78
Water Source: Public
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.