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808 Mackinaw Avenue

Calumet City, IL 60409
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Bed 4

Bed

Bath 2

Bath

Acres0.11

Acre(Lot)

HIGH-YIELD Investment Opportunity in Calumet City! Calling all investors, this is the chance you've been waiting for. This fully occupied two-unit property delivers strong cash flow and immediate returns with minimal effort. Each unit features two bedrooms and one full bathroom with spacious, clean, and turnkey layouts that tenants desire, allowing you to start earning income the moment you close. The property is 1601 sq. ft. total with separate laundry rooms in each unit, forced-air heating, and individual metering for gas and electric. Kitchens are equipped with ranges, refrigerators, ample cabinetry, and generous counter space, while the bedrooms offer large closets for extra storage. Each of the units has a functional floor plan complimented by unique characteristics like an elegant ar chway in the front unit, and other material upgrades such as lighting, fixtures, finishes, & more that give each unit it's own charm. Outside, a sizable backyard and long driveway provide plenty of off-street parking. Both units are currently occupied with the front unit being leased at $1300 per month, and the rear unit being leased at $1285 per month, generating a total of $2585 per month and a cap rate of 8.7 percent, with proforma potential reaching $2840 per month. Operating expenses are estimated at 35 percent of gross rent and include taxes, insurance, management, & other operating expenses. This property also presents phenomenal value for anyone looking to live in one unit and rent the other. By taking advantage of multiple different financing options that could strongly benefit any buyer both now and overtime, you could essentially OWN for BELOW what market rent would be. Low maintenance, high occupancy potential, and a solid return makes this an excellent addition to any investment portfolio, whether you're expanding your holdings or purchasing your first multi-unit property, this is one you will want to see, so schedule your showing today! Property is sold AS IS. Buyer to verify all financial information, rents, expenses, financing, square footage, lot size, dimensions, and all other property information.

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Detail Ic Property Details

Property Type : Residential Income

Price : $224,900

AD Id : 79151338

MLS Id : MRD12656262

Beds : 4

Lot Size : 0.11 Acre

Year Built : 1978

County : Cook

  • Map Map

Map

Feature Features

  • Bedroom Information

    Total Bedroom: 4

    Bathroom Information

    Total Baths: 2

    Room Information

    Rooms Total: 10
  • Flooring Information

    Construction Materials: Brick
  • Heating & Cooling

    Heating: Natural Gas WaterSource: Lake Michigan

  • Building Information

    Year Built: 1978

  • Lot Information

    Lot Dimensions: 105.6x75.7x53.6x44.1 Lot Acres: 0.11 Lot Size: Less Than .25 Acre

    Property Information

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

  • Listing Price Information

    Original List Price:$229900

  • Tax Information

    Annual Tax: $7322 Tax Year: 2025 Parcel Number: 30182260480000 Tax Exemption: None

  • Parking Information

    Total Parking: 2 Driveway, Yes, Owned

  • School Information

    Elementary School: Lincoln Elementary School Junior High School: Lincoln Elementary School
  • Utility Information

    Sewer: Public Sewer Water Source: Lake Michigan
  • Location Information

    City: Calumet City Direction: Burnham Avenue to 157th St. West on 157th St to Mackinaw Ave. North on Mackinaw Ave. Home will be on West side.
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
565 Oglesby Avenue, Calumet City, IL, 60409 $248,000 3 2 1,278 1,278 SqFt
1508 Lincoln Place, Calumet City, IL, 60409 $149,000 3 1 --
503 Ingraham Avenue, Calumet City, IL, 60409 $159,999 3 1 1,116 1,116 SqFt
1119 Harding Avenue, Calumet City, IL, 60409 $245,000 3 2 1,137 1,137 SqFt
286 Oglesby Avenue, Calumet City, IL, 60409 $245,000 3 2 1,020 1,020 SqFt
310 Paxton Avenue, Calumet City, IL, 60409 $205,000 3 2 1,400 1,400 SqFt
383 Stoney Island Avenu.., Calumet City, IL, 60409 $118,000 2 2 --
1365 Freeland Avenue, Calumet City, IL, 60409 $165,000 3 1 1,147 1,147 SqFt
2 Elizabeth Street, Calumet City, IL, 60409 $289,500 4 2 2,390 2,390 SqFt
399 Oglesby Avenue, Calumet City, IL, 60409 $254,999 6 2 --
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Based on information submitted to the MLS GRID as of 06/22/2026 @ 18:20. All data is obtained from various sources and may not have been verified by the broker or MLS GRID. 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.
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ByOwner last updated this listing 06/22/2026 @ 18:20

MLS: MRED #12656262 LISTED BY: Anil Bhalla, Listing Leaders Northwest, Inc 219-961-5478 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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