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1600 Memorial Dr

Calumet City IL 60409

7
6
3
Multi-Family
Currently for sale - view listing

Overview

Solid brick multi-family investment opportunity featuring 7 bedrooms and 6 bathrooms with a 3-car garage. Strong income-producing property with excellent upside potential. One studio is on a long-term lease through May 1st. All other tenants are month-to-month, providing flexibility for a new owner. Tenants are open to discussing rent increases to remain post-sale, offering immediate value-add potential. Property features include balconies on both the 1st and 2nd floors, boiler heating system, on-site laundry room, and a 3-car garage. Great opportunity for investors or owner-occupants seeking rental income.

Features

7 bedrooms
6 bathrooms
3 carspaces
3 garage spaces
Multi-Family

Property history for 1600 Memorial Dr

2016
Sold
$165,000
04 Nov 2016 by Troy Zander, of 24/7 REAL ESTATE, INC.
2010
Sold
$90,000
18 Jun 2010 by Arthur Cirignani, of Chicago Realty Partners, Ltd

Happy sellers in Calumet City

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We have insufficient information to provide an overview of customer satisfaction for Calumet City. Viewing the agent profiles, reviews and sales for Calumet City can provide insights for this location.

Local market activity for 7 bedroom multi families in Calumet City

In the last 12 months, 1 seven-bedroom multi family similar to 1600 Memorial Dr, have been sold.

This represents a 75% increase in seven-bedroom multi families sales when compared to the previous 12 months.

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