About 283 Yates Avenue
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.
Features of 283 Yates Avenue
| MLS® # | 12686009 |
|---|---|
| Price | $319,000 |
| Bedrooms | 8 |
| Bathrooms | 0.00 |
| Acres | 0.11 |
| Year Built | 1972 |
| Type | Residential Income |
| Sub-Type | Two to Four Units |
| Status | Contingent |
Community Information
| Address | 283 Yates Avenue |
|---|---|
| Area | Calumet City |
| City | Calumet City |
| County | Cook |
| State | IL |
| Zip Code | 60409 |
Amenities
| Parking Spaces | 3 |
|---|---|
| Parking | Yes, Detached, Garage |
| # of Garages | 3 |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Steam |
|---|---|
| Fireplace | No |
| Has Basement | No |
| Basement | None |
Exterior
| Exterior | Brick |
|---|
School Information
| District | 205 |
|---|
Additional Information
| Days on Market | 33 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | M Property Group LLC |
|---|