Calumet City, IL 60409 566 Ingraham Avenue
$197,000



3 more



Presented By: EXIT Strategy Realty
Home Details
This property has LOW property taxes and strong rental appeal. Ideal for house-hacking! This updated, turnkey two-flat in Calumet City offers significant recent capital improvements and modern interiors, making it ideal for investors or owner-occupants seeking a house-hack opportunity. Major system upgrades include replacement of the main water supply line to Calumet City (2024, approx. $15,000 value), new roof with soffit and gutters (2023), wrapped windows (2023), two new furnaces (2022), and a newly poured concrete walkway (2025)-reducing near-term maintenance expenses. Both units feature recessed lighting, luxury vinyl plank flooring, stainless steel appliances, white shaker-style cabinetry, white quartz countertops, and updated bathrooms, providing modern finishes that attract and retain tenants. The first-floor unit has an eat-in kitchen and is currently rented (to be shown only after contract acceptance). The second-floor unit is available for immediate showing and includes a sunroom that can serve as a third bedroom. This option may create additional rental income value-add. Each unit has separate gas and electric meters, with front and rear private entrances. The owner is responsible only for water, helping maintain favorable operating costs. The unfinished basement offers not only additional storage, but also potential recreational space - for future value-add. Located on the east side of Calumet City near the Indiana border, tenants benefit from convenient access to lower fuel costs and no tax on groceries, further strengthening rental demand. Ample street parking and consistent tenant interest make this a solid addition to any investment portfolio. Pre-approvals must be reviewed BEFORE showing the property. Property is being sold AS-IS.
Presented By: EXIT Strategy Realty
Interior Features for 566 Ingraham Avenue
Bedrooms
Bedrooms Possible4
Total Bedrooms4
Bathrooms
BathroomDouble Sink
Full Baths Building2
Half Baths Building
Total Baths2
Other Interior Features
BasementUnfinished, Daylight
Total Number of Units2
General for 566 Ingraham Avenue
CityCalumet City
Construction MaterialsAluminum Siding
ContingencyAttorney/Inspection
CountyCook
DirectionsFrom Bishop Ford Fwy: 1) 7.7 mi-Exit 70B/Dolton Ave East 2) 3.0 mi (Turn Right)-Wentworth Ave 3) 0.3mi (Turn Left)-Memorial Dr 350ft 4) (Turn Left)-Ingraham Ave 5) 150 ft (On your Left) 566 Ingr
Elementary School District155
HeatingNatural Gas
High School District215
MLS AreaCalumet City
Middle/Junior School District155
New ConstructionNo
OwnershipFee Simple
PossessionClosing
Property TypeResidential Income
Property TypeTwo to Four Units
SewerPublic Sewer
Standard StatusActive Under Contract
StatusContingent
Tax Annual Amount5908.54
Tax Year2024
Total Rooms9
TownshipThornton
Year Built1918
Exterior for 566 Ingraham Avenue
BuyerOfficeFax(708) 206-3003
Lot Dimensions25x123
Parking FeaturesNone, Off Site, Other
Total Parking0
Water SourceLake Michigan
Waterfront Y/NNo
Additional Details
Price History
