Under Contract

283 Yates Avenue

Calumet City, IL 60409
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Bed 8

Bed

Bath 6

Bath

Acres0.11

Acre(Lot)

Brick 4 unit investment opportunity in Calumet City offering strong income plus a rare owner occupant option. The building features two spacious 3 bedroom, 2 bathroom units and two 1 bedroom, 1 bathroom units, 8 bedrooms and 6 baths in total, with a 3 car garage. All four units are currently leased and producing income, with two tenants on month to month terms, giving a new owner flexibility to deliver a vacant unit at closing. Live in one of the large 3 bedroom units and let the other three for your mortgage, or hold the whole building as a cash flowing rental. Recent updates throughout. Convenient to Sibley Boulevard shopping, dining, schools, and I 94 for an easy commute. Tenants pay their own electric. Solid brick construction, well maintained, and ready for its next owner. Buyers must view the property before submitting an offer. Please do not disturb tenants. The property taxes do not represent a Homeowner Exemption.

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Detail Ic Property Details

Property Type : Residential Income

Price : $319,000

AD Id : 89041775

MLS Id : MRD12686009

Beds : 8

Lot Size : 0.11 Acre

Year Built : 1972

Garage : 3

County : Cook

  • Map Map

Map

Feature Features

  • Bedroom Information

    Total Bedroom: 8

    Bathroom Information

    Total Baths: 6

    Room Information

    Rooms Total: 18
  • Flooring Information

    Construction Materials: Brick
  • Heating & Cooling

    Heating: Steam WaterSource: Public

  • Building Information

    Year Built: 1972

  • Lot Information

    Lot Dimensions: 40X126 Lot Acres: 0.11 Lot Size: Less Than .25 Acre

    Property Information

    Property Type: Residential Income Sub Type: Two to Four Units

  • Listing Price Information

    Original List Price:$319000

  • Tax Information

    Annual Tax: $21472 Tax Year: 2024 Parcel Number: 29122040130000 Tax Exemption: None

  • Parking Information

    Total Parking: 3 Yes, Detached, Garage

    Garage Information

    Garage Space: 3

  • Utility Information

    Sewer: Public Sewer Water Source: Public
  • Location Information

    City: Calumet City Direction: Sibley Blvd east to Yates, north to property
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
280 Prairie Avenue, Calumet City, IL, 60409 $155,000 3 2 1,340 1,340 SqFt
671 River Drive, Calumet City, IL, 60409 $130,000 3 1 950 950 SqFt
1384 Wentworth Avenue, Calumet City, IL, 60409 $125,000 2 1 936 936 SqFt
355 Luella Avenue, Calumet City, IL, 60409 $325,000 5 2 --
669 Chappel Avenue #1B, Calumet City, IL, 60409 $76,900 1 1 --
893 Greenbay Avenue, Calumet City, IL, 60409 $260,000 4 2 --
412 156th Street, Calumet City, IL, 60409 $185,000 4 2 1,620 1,620 SqFt
1455 Burnham Avenue, Calumet City, IL, 60409 $177,000 3 2 1,575 1,575 SqFt
1481 Lincoln Avenue, Calumet City, IL, 60409 $125,000 3 1 1,185 1,185 SqFt
1396 Buffalo Avenue, Calumet City, IL, 60409 $129,000 4 2 1,301 1,301 SqFt
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ByOwner last updated this listing 08/15/2026 @ 06:20

MLS: MRED #12686009 LISTED BY: Michael Fisher, M Property Group LLC 630-518-4511 SOURCE: Midwest Real Estate Data LLC (MRED) (Listings courtesy of Midwest Real Estate Data LLC (MRED) as distributed by MLS GRID)

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