Excellent investment opportunity in a beautifully maintained building. new siding and tuckpointing, one new furnace installed in 2025, a newer flat roof, and updated bathrooms and flooring. Great Tenants.
THREE SINGLE FAMILY HOMES ON TWO LOTS! EACH 2 BEDS 1 BATH WITH UNFINISHED BASEMENT OR ATTIC SPACE FOR EXPANSION. RENTS UP TO $1800 PER UNIT - LIVE RENT FREE IN ONE! TWO CAR PARKING IN FRONT AND POSSIBILITY TO PARK TWO MORE CARS IN THE REAR. MODERN KITCHENS AND BATHS. FHA AND VA FRIENDLY!
Welcome to this incredible multi-unit opportunity located in the heart of Calumet City on a rare and spacious double lot surrounded by beautiful natural scenery. This property is ideal for a first-time homebuyer looking to house hack and build equity or for an investor seeking consistent monthly cash flow in a desirable rental area. The expansive double lot provides the perfect setting for summer parties, cookouts, and outdoor entertaining, with plenty of space to relax or create your dream backyard. There is even potential to use the additional lot to construct a new garage, driveway, or other future improvements. The home was recently updated in 2023, including a new addition on the rear side of the first-floor unit, enhancing both space and functionality. Inside, you'll find modern finishes, updated flooring, refreshed paint, and a beautifully designed kitchen complete with granite countertops and stainless-steel appliances. With an unbeatable combination of location, land, updates, and income potential, this property offers tremendous value for any buyer. Come schedule your showing today and see why this multi-unit home is truly one of Calumet City's hidden gems.
Looking for a multi-family rental property? Look no further! This property could be a money-maker! Each unit offers 3 bedrooms and 1.5 baths and there is a 2-car detached garage. This is a great property for an investor looking to earn some rental income, or an owner occupant who wants to live in one of the units and utilize the other to pay their mortgage. Don't miss out on this exciting opportunity because this one will go fast!
THE SELLER IS MOTIVATED!!! MULTIUNIT BUILDING AVAILABLE FOR ALL FINANCING, NEWER ROOF/ ARCHITECTURAL SHINGLE/ UPDATED, ELECTRIC AND PLUMBING/ INDIVIDUAL UNIT, HVAC/ TANKLESS WATER HEATER/ TWO CAR DETACHED GARAGE/ LOW MAINTENANCE
Fully Rented, Turn-Key 3-Unit on Oversized Lot with Digital Laundry An exceptional investment opportunity awaits with this fully occupied, recently remodeled 3-unit property situated on an oversized lot. Featuring two spacious 1-bedroom/1-bath units and one well-appointed 2-bedroom/1-bath unit, this turn-key asset is built for steady, low-maintenance cash flow. Each unit includes an eat-in kitchen with ample cabinetry, generous storage, and bright, functional layouts. Tenants enjoy individual, tenant-paid electric heating-keeping operational costs in check for the owner. The property also features a digital laundry, offering modern convenience for residents and an additional income stream for ownership. With all units leased and generating income, this is a rare, plug-and-play opportunity in a high-demand rental market. Don't wait-properties like this don't last long.
Well-maintained and fully updated 2-unit building-ideal for an investor or owner-occupant seeking a turnkey asset with reliable rental income. Both units have been completely rehabbed within the last 3 years, including new interior and exterior doors, updated windows, fresh paint throughout, and new sub-flooring in the kitchens, bathrooms, and laundry rooms. Living rooms and both bedrooms feature newer carpeting for comfort and durability. Each unit offers updated wall and base kitchen cabinetry, newer sinks, plumbing fixtures, and comes equipped with a stove and refrigerator. Additional improvements include a newer roof, updated electrical panel with new breakers, outlets, light switches, ceiling lights, and ceiling fans. The property is also equipped with new exhaust fans, floor vents, wall A/C units, one newer furnace, two hot water tanks, and includes a washer and dryer for tenant convenience. Both units are currently tenant-occupied, providing immediate, steady rental income. All major systems and cosmetic upgrades have already been completed-offering a solid, low-maintenance investment opportunity.
Beautiful and well-maintained solid-frame three-unit building-fully move-in ready and an exceptional investment opportunity! This property is a proven income generator, featuring separate heating and electric systems for each apartment to maximize efficiency and tenant independence. Ideally located near schools, shopping, and public transportation, it offers both convenience and value. Property is being sold AS-IS.
Great Opportunity in Calumet City! This solid 4-unit brick building offers exactly what you've been looking for. Built just a little over 50 years ago, it has great bones and endless potential for your personal touch. The property features two spacious 3-bedroom apartments-perfect for an owner-occupant or large family-and two generous 1-bedroom units that produce strong rental income. Though dated, the building is well-maintained and ideal for those looking to make cosmetic updates with a renovation loan or over time. Balconies were recently reinforced, motion-detection lighting surrounds the exterior, and there's plenty of off-street parking in the rear. Conveniently located just minutes from grocery stores and the expressway, this property offers comfort, accessibility, and opportunity all in one. Sold As-Is.
Don't miss this exceptional investment opportunity! This well-maintained, all-brick 2-unit building in Calumet City features two spacious units, each offering 2 bedrooms and 1.1 bathrooms, beautiful hardwood floors, and modern stainless steel appliances for a contemporary feel. Both main units are fully occupied with reliable, paying tenants-providing instant cash flow. The finished lower level includes a third fully finished living space commonly used as an in-law suite. Seller makes no representation as to the legality of the third unit-buyers are encouraged to perform their own due diligence. Perfect for extended family living or potential rental income (buyer to verify local zoning). This added space offers flexibility and increased value. The property also includes a detached 2-car garage, a fenced backyard, and is located on a quiet, residential block close to schools, shopping, and public transportation. This is a rare, turn-key property with great income potential-schedule your showing today! 48Hr Notice is REQUIRED
Bring your vision and schedule your appointment to view this 2 unit. This property has been completely gutted and waiting for a savvy investor! NO TERMITE OR SURVEY.PROPERTY SOLD "AS-IS". PROOF OF FUNDS MUST ACCOMPANY OFFER. (PLEASE READ CAREFULLY TO ENSURE A SUCCESSFUL SUBMISSION OF YOUR OFFER: The property must be marketed for 10 days in the MLS before offers will be reviewed. During this time you should schedule a showing and then submit your offer if interested. Offers received during the 10 day marketing period will be sent in first for evaluation and selection therefore, your offer should reflect your highest and best. All offers MUST be submitted using the following: 1) A specifically modified 8.0 sales contract & SSLBDA addendum 2) The SSLBDA application and scope of work form 3) A proof of funds letter. Please submit these THREE items separately and NOT as one PDF. Failure to provide these THREE files will result in your offer not being submitted for review as you WILL NOT be contacted regarding missing documents. Proof of funds must reflect an amount that is sufficient to cover the purchase of the property AND the projected rehab costs. Additionally, the proof of funds letter must reflect the buyer's name or the name of their business. Screenshots of bank accounts that do not reflect the buyer's name will NOT be accepted. Notification of contract selection can take place within 5 to 7 days AFTER the 10 day marketing period.
Welcome to this beautifully maintained brick three-unit building, a wonderful opportunity to begin-or expand-your real estate portfolio with confidence. This property has clearly been cared for, offering both solid income potential and long-term value. The first and second floors each feature three spacious bedrooms and one-and-a-half bathrooms, with thoughtful layouts that tenants love. The garden unit offers two comfortable bedrooms and one full bath, providing an excellent balance of space and efficiency. The units include spacious, eat-in kitchens and hardwood flooring that flows gracefully through the living rooms and bedrooms, adding warmth and timeless appeal. The property also includes a side driveway leading to a three-car garage, currently used for storage but easily converted to tenant parking for added revenue. Additionally, there's a designated space in the lower level perfect for installing coin-operated laundry facilities-a simple upgrade that could enhance convenience for residents and increase income. Tenants are responsible for gas and electric, keeping operating costs manageable. The location couldn't be more ideal-right across from Caroline Sibley Elementary School and just minutes from the expressway, shopping, and other neighborhood conveniences. Whether you're an experienced investor or looking for your first multi-unit, this building offers both immediate returns and lasting potential. Come see the care that's been put into this property-and envision how it can work for you.
Fantastic opportunity to own a solid two-unit building in Calumet City! Each unit features 3 bedrooms and 1.5 baths, with updated finishes and included appliances. The finished basement offers an additional full bath and extra living or entertaining space, making it ideal for duplexing. 2.5-car garage with long driveway and ample off-street parking Low-maintenance brick exterior Excellent income potential up to $3,600/month or more Perfect for an owner-occupant or investor-live in one unit and rent the other, or rent both for strong cash flow. Conveniently located on a quiet block near parks, schools, and expressways.
Must See!!! ATTENTION ALL INVESTORS....Solid Gutted 2 flat in accordance with village requirements. Bring your renovation ideas. Key Features: Spacious layout - approx:1,500 sq. ft. per floor. Flat basement, ideal for finishing or converting into additional living space Double lot offering extra outdoor space and future possibilities. Double garage for parking and storage, new support beams installed for a solid foundation, New PVC plumbing with pipes and materials on site to complete installation, Gas pipe extended from meter through basement. Electrical systems and plumbing still need to be completed, allowing you to update with modern systems from the ground up. Lumber on site to continue renovation work Layout allows for 3-4 bedrooms, bathroom on each floor, and a dedicated laundry room. Plenty of additional space for storage, office, or recreation. Property is being sold AS IS only
Solid frame 4-unit building with excellent rental potential, situated on a rare double lot. Currently occupied by month-to-month tenants, the property includes one spacious 3-bedroom unit and three well-sized 2-bedroom units. Each unit features its own furnace, water heater, and electrical service, allowing for individual utilities and reduced owner expenses. The extra lot offers additional outdoor space, potential for expansion, or added amenities. Ideally located near shops, schools, and public transportation, with easy access to major expressways-this is a great opportunity for investors or owner-occupants looking to maximize value.
HERE'S YOUR NEXT GREAT REHAB PROJECT!! - Don't miss this incredible opportunity to make lots of $$$ with this 2 family ALL BRICK home, 3 bedrooms in each unit, full basement and 2 car garage- located minutes from grade school, OWN, REHAB and FLIP OR OWN, REHAB AND RENT - YOUR CHOICE! PRICED TO SELL! PROPERTY IS SOLD IN "AS-IS" CONDITION- SELLER MAKES NO REPAIRS OR OFFERS ANY REPAIR CREDITS. SELLER MAKES NO WARRANTIES, SPECIAL WARRANTY DEED TO CONVEY AND NO SURVEY OR TERMITE PROVIDED BY SELLERBUYER TO VERIFY ZONING WITH CALUMET CITYPlease provide proof of funds and FULL set of buyer signed disclosures with ALL offers
Welcome to this solid brick 4-unit in Calumet City, a true turnkey investment with reliable income from day one. Each unit offers 1 bedroom and 1 bathroom. The building has been well maintained and updated, featuring a fully rehabbed bathroom in Unit #4, fresh paint throughout all units, and new appliances including a stove and fridge in Unit #1 and a new stove in Unit #3. Tenants are responsible for their own utilities, while the owner covers water and refuse, making this a low-maintenance and income-producing property. With long-term tenants already in place and strong rental demand in the area, this 4-unit is a prime opportunity for any investor seeking stability and growth
A Calumet City gem. This recently rehabbed 3 flat is ideal for the savvy investor or the landlord occupied owner. The property features two 3 bedroom / 1.5 bath apartments. As well as 2 bedroom / 1.5 bathroom apartment. Each apartment has their own HVAC, large living room areas, hardwood floors throughout, two car garage and a privacy fence.
This charming 2-unit duplex in Calumet City is a fantastic investment opportunity or ideal for an owner-occupant. Each unit offers 2 spacious bedrooms and 1 bathroom, with tenants responsible for all utilities, making this a low-maintenance property for landlords. Conveniently located near major highways, it provides easy access to Indiana and is just minutes from local shopping, dining, and entertainment. With its prime location and strong rental potential, this property is perfect for generating consistent income. Don't miss your chance to own this well-maintained duplex-schedule a showing today!
Beautiful 3 unit building is in great condition and is a wonderful investment opportunity. Features individual heating and air conditioning for each apartment, separate laundry facilities on main floor, rear private parking lot by permit only for up to four vehicles, master bedroom baths in two units. Great location right off the main highway. Close to area schools, shopping and transportation. Property is being sold AS IS.
INVESTOR SPECIAL! ALL 4 TOWNHOUSES- Ready for YOU as a PACKAGE DEAL! 1420, 1420 1/2, 1422 AND 1424 in the heart of Calumet City. Each 2 story townhouses, features 2 spacious bedrooms, 1 bathroom and a full basement. Updates in 2021 were tuckpointing, HVAC, and water heaters and 2023 new windows and updated decks. Pad parking in the rear for all 4 units. All units are currently rented and generating cash flow. Commercial loan would be required due to all 4 units having separate PINS.
ShortSale! DEAL FELL THROUGH! YOUR CHANCE IS HERE! Own an All-Brick 3-Unit Building with a 3-Car Garage! An incredible opportunity just hit back on the market! This solid all-brick 3-unit building is back & ready for its next owner. Imagine unbelievable rental income potential from spacious units featuring hardwood floors & fireplaces. Why This is Your Next Smart Move: Investor's Dream: High-demand units in a prime location! Owner-Occupant's Paradise: Live for FREE or significantly reduced cost by renting out the other two units that needs rehab and Qualifies for 203K financing - make it your own! Rare 3-Car Garage:Generate extra income.This property WILL NOT LAST LONG! Don't let this second chance slip away.
***Attention all investors*** Solid 2-unit with a coach house in the rear! Bring your renovation ideas. Sold strictly as-is. No survey. Must take subject to Calumet City As-Is escrow requirements. Property not available for rent.

Calumet City is located in Illinois. Calumet City, Illinois has a population of 36,065. Calumet City is less family-centric than the surrounding county with 17.75% of the households containing married families with children. The county average for households married with children is 29.73%.
The median household income in Calumet City, Illinois is $52,994. The median household income for the surrounding county is $72,121 compared to the national median of $69,021. The median age of people living in Calumet City is 36.9 years.
The average high temperature in July is 83.9 degrees, with an average low temperature in January of 17.9 degrees. The average rainfall is approximately 38.4 inches per year, with 31.5 inches of snow per year.