MLS® ID: 09951551

1617 Memorial Drive

Calumet City, Illinois, 60409

$719,000 Active
  • 2 Beds
  • 1 Baths
  • - SQFT
This is a 12-unit investment offering located in a quiet community of Calumet City. The composition of units is 10-two bedroom units and 2-one bedroom units. The property is located on the south-west corner of Memorial Drive in Calumet City. The property has individual furnaces to each unit; so that the expense of heating the units is the responsibility of the tenants. The property is currently fully occupied. The rents have room for increases. The property fully cash-flows after debt service. The cap rate is 11.2%
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Listing courtesy of SK Properties Group, LLC

Amenities

  • Full baths
    1
  • Full Baths Range
    1 Bath
  • Total Baths
    1
  • Zip
    60409
  • Office name
    SK Properties Group, LLC
  • Bedrooms
    2
  • Property type
    Multi Family 5+
  • Zoning type
    MULTI
  • Year built
    1971
  • Heating
    Forced Air
  • Tax year
    2016
  • Agent name
    Suni Karim
  • Tax amount
    $ 19073.0
  • Purchase Type
    Active
  • Price Range
    $700k-$800k
  • Bedrooms Range
    2 Beds
  • Year Built Range
    1989 (and earlier)
  • Office ID
    12527
  • Agent ID
    118572

Location

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