Calumet City, IL 60409 416 Cornell Avenue

$810,000

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Presented By: Horvath & Tremblay IL, LLC
  • MLS# 12256487
  • 12/14/2024
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  • Beds • 3

Home Details

12 Unit Investment Opportunity in Calumet City, IL. This property resides right off of I-94 with quick access to Chicago and surrounding areas. There are 8 (2Bed/1Bath) units & 4 (1Bed/1Bath) Units. Each unit balcony or concrete porch from their sliding door. Tenants are only responsible for their electric bill, Landlord is responsible for the gas boiler heat, common electric, water & garbage. There is a laundry room in the basement for the tenants. There is major upside on the rents.
Presented By: Horvath & Tremblay IL, LLC

General for 416 Cornell Avenue

Additional Parcels Y/NNo
CityCalumet City
ContingencyAttorney/Inspection
CountyCook
DirectionsExit I-94 East bound on Sibley BLVD, make a left on Prairie, left on Harding, right on Cornell, property is on the left.
Electric Expense1200
Fuel Expense7000
Gross Income163752
Insurance Expense5870
MLS AreaCalumet City
MaintenanceExpense3600
ModificationTimestamp2025-01-30T16:58:01.576Z
Net Operating Income79333
Number Of Units Total12
Operating Expense85619
Property TypeCommercial Sale
Property TypeMulti Family 5+
Standard StatusActive Under Contract
StatusContingent
Stories3
Tax Annual Amount33199.74
Tax Year2023
TownshipThornton
Trash Expense13200
Water Sewer Expense20050
Year Built1970

Exterior for 416 Cornell Avenue

Lot Dimensions115X110
Lot Size Acres0.3

Additional Details

Price History

Client Care

Price $810,000
MLS#12256487
List Date 12/14/2024
Property Type Contingent
Phone 847.485.2500
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