A rare opportunity to acquire a stable, cash-flowing multi-family property at an attractive value in Calumet City! This turn-key 3-unit property is situated on an oversized lot and offers immediate income potential for both owner-occupants and investors alike. With two units currently leased thru Spring 2027 and one unit vacant, makes this property ideal for buyers looking to take advantage of owner-occupant financing options while generating rental income on day one! The property features two spacious 1-bedroom, 1-bath units and one 2-bedroom,1-bath unit, all offering functional layouts with natural lighting, ample storage, and eat-in kitchens with generous cabinetry and modern stainless steel appliances. Three boilers, three water heaters, and two wall A/C units, were all installed in 2023 providing added value and peace of mind for years to come. The property includes a digital card washer and dryer providing residents with modern convenience while generating additional monthly income for the owner. The property also sits on a massive corner lot with a 8-car driveway, a 2-car garage, and extra land/yard space to bring your ideas. Tenants are on a 1-year lease agreement and are responsible for their own electric, gas, and heating expenses. So whether you're an investor seeking to expand your portfolio or a buyer looking to live in one unit while building wealth through rental income, this property checks all the boxes!
Baird & Warner Chenge Chando Agent Cell: 312.730.7081 Email
Disclaimer: The accuracy of all information regardless of source, including but not limited to square footage and lot size, is deemed reliable but not guaranteed nor warranted and should be personally verified through personal inspection by and/or with the appropriate professionals.
Listing Office: Kale Realty
Listing Office Phone: 312-939-5253
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348 Pulaski Road, Calumet City, IL 60409.
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348 Pulaski Road, Calumet City, IL 60409.
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