Skip To Content

1560 Burnham Avenue

Calumet City, IL 60409
  • $624,900
  • STATUS: Active Under Contract
  • ON SITE: 91 Days
  • MLS #: 11876719
Under Contract
UPDATED: 56 min ago
$624,900
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1967
County:
Area:

School Ratings & Info

Description

If you're looking for a turn-key investment opportunity that will practically manage itself, then look no further! This fully-leased 17 unit property is generating $140k in gross annual income with rents that are well below market! Pre-approved buyers only! Full financials available upon request. Easy to show but will require some notice. Don't pass on this opportunity - you will thank yourself later!

Monthly Payment Calculator



© 2023 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Keller Williams Success Realty. Based on information submitted to the MRED as of 2023-12-06T12:00:04.59 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
www.lewkepartners.com/homes/143077344
Print Image

1560 Burnham Avenue Calumet City, IL 60409

  • Price: $624,900
  • Status: Active Under Contract
  • On Site: 91 Days
  • Updated: 56 min ago
  • MLS #: 11876719
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1967
Built
Neighborhood:
Calumet City
County:
Cook
Area:
Calumet City
Property Description
If you're looking for a turn-key investment opportunity that will practically manage itself, then look no further! This fully-leased 17 unit property is generating $140k in gross annual income with rents that are well below market! Pre-approved buyers only! Full financials available upon request. Easy to show but will require some notice. Don't pass on this opportunity - you will thank yourself later!
Exterior Features

Exterior Building Type Brick Foundation Details Concrete Perimeter Outdoor Parking 31-50 Spaces Parking Total 40 Roof Composition

Interior Features

Cooling Window Unit(s) Heat Ventilation Central Bldg HeatGasHot Water Number Of Dryers 2 Number Of Ranges 16 Number Of Washers 2

Property Features

Additional Parcels YN Yes Approximate Age Older Built Before1978 YN Yes Contingency Attorney/Inspection Continue To Show Yes Electric Circuit BreakersService - 201 to 600 Amps Gross Income 138180 Gross Scheduled Income 138180 Insurance Expense 6338 Maintenance Expense 3500 Mls Actual Status Contingent Net Operating Income 74231 Operating Expense 24307 Tax Annual Amount 48501 Tax Year 2021 Tenant Pays Electricity Total Monthly Income 11515 Township Thornton Type Multi Family 5+ Zoning MULTI

Listing information © 2023 Midwest Real Estate Data LLC.
Listing provided courtesy of M Street Group Inc: 773-457-1586.


© 2023 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Keller Williams Success Realty. Based on information submitted to the MRED as of 2023-12-06T12:00:04.59 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
https://bt-photos.global.ssl.fastly.net/mred/1280_boomver_2_11876719-1.jpg https://bt-photos.global.ssl.fastly.net/mred/1280_boomver_2_11876719-1.jpg https://bt-photos.global.ssl.fastly.net/mred/1280_boomver_2_11876719-1.jpg
Logo
Keller Williams Success Realty
43 E Crystal Lake Ave
Crystal Lake IL, 60014