416 Cornell Avenue

CALUMET CITY, IL 60409

$729,000

 
MLS# 09478271


Description

This is an ideal investment opportunity; a (12) unit property in excellent condition and fully occupied. Located in the Calumet City Township. The composition of units are (8) two bedroom units and (4) one bedroom units. Recent improvements include: Updated kitchen & bathrooms: the baths are all ADA compliant. Intercom & doorbell system, new hot water tank, new flooring in Living-Dining rooms. The gutters were replaced. The estimated remaining life on the roof is (13) years. There is also a maintenance service agreement on the roof. All units have stoves & refrigerators.There are laundry facilities on the first level. There are (12) parking spaces in the rear of property. The property has a positive cash flow after debt service. This is a great investment; with low maintenance.
Listed:
01/16/17

This listing 416 Cornell Avenue Calumet City, Il 60409 is a multi family 5+ listing on a lot of 13,095 sqft (or 125 X 105 acres). 416 Cornell Avenue was built in 1960. 416 Cornell Avenue is located in Calumet City and in ZIP Code 60409. It has been listed on our site since Jan 16, 2017.

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Listing Office: SK Properties Group, LLC

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Calumet City

Calumet City, only 19 miles south of downtown Chicago and on the Illinois-Indiana State Line, has gone through a lot of transformations over the years.  Click here to read more.

Calumet City

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