Incredible Investment Opportunity in Calumet City! Don't miss this versatile 2-unit building ideally located near transportation and local amenities. Each spacious unit offers 3 bedrooms and 2 bathrooms, providing excellent rental potential or multi-generational living options. The property also includes a basement for additional storage or expansion possibilities, ample parking, and a private backyard - adding even more appeal for future occupants. Whether you're an investor or an owner-occupant looking to generate income, this property delivers fantastic value and long-term potential. Property sold in "AS-IS" condition.
A rare opportunity to acquire a stable, cash-flowing multi-family property at an attractive value in Calumet City! This turn-key 3-unit property is situated on an oversized lot and offers immediate income potential for both owner-occupants and investors alike. With two units currently leased thru Spring 2027 and one unit vacant, makes this property ideal for buyers looking to take advantage of owner-occupant financing options while generating rental income on day one! The property features two spacious 1-bedroom, 1-bath units and one 2-bedroom,1-bath unit, all offering functional layouts with natural lighting, ample storage, and eat-in kitchens with generous cabinetry and modern stainless steel appliances. Three boilers, three water heaters, and two wall A/C units, were all installed in 2023 providing added value and peace of mind for years to come. The property includes a digital card washer and dryer providing residents with modern convenience while generating additional monthly income for the owner. The property also sits on a massive corner lot with a 8-car driveway, a 2-car garage, and extra land/yard space to bring your ideas. Tenants are on a 1-year lease agreement and are responsible for their own electric, gas, and heating expenses. So whether you're an investor seeking to expand your portfolio or a buyer looking to live in one unit while building wealth through rental income, this property checks all the boxes!
Rare opportunity to own two separate homes on one lot, offering exceptional flexibility for a variety of living arrangements or investment strategies. The front home has been recently refreshed with new flooring, fresh paint, and cosmetic updates, creating a clean, move-in ready space. With its two-level layout and full basement for additional storage, the main residence offers comfortable everyday living with estimated rental potential of approximately $1,600+ per month. The detached rear coach house is also move-in ready and provides an excellent opportunity for supplemental income, with projected market rent of around $900 per month. Whether used as a rental unit, guest house, home office, or private space for extended stays, it adds valuable versatility to the property. Currently vacant and easy to show, this property presents a unique opportunity for buyers seeking a move-in ready home with added income potential or a smart addition to an investment portfolio. Schedule your private showing today.
This 2 flat style single family home offers 6 bedrooms and 2.2 bathrooms with approximately 2756 square feet of living space on a 0.11 acre lot. There is a Buyers Premium. This property was previously offered at a foreclosure auction in which the winning bid was the Total Debt amount pursuant to applicable HUD Mortgagee Letter guidance. It is now being offered in a secondary 2nd Chance auction event. Sale terms are subject to applicable HUD guidelines and Mortgagee Letter requirements. Final offer subject to Sellers approval, which shall be given or denied at Sellers sole and absolute discretion; Seller has up to 15 calendar days to make this determination. Seller reserves the right to cancel the sale at any time and for any reason prior to closing without liability to Buyer. Seller is under no obligation to extend any contract deadline and may decline to do so at Sellers sole and absolute discretion. The buyer has the right to select their own title and closing company or may use the sellers title and closing company. The buyer is responsible for all closing costs in this transaction. It is a criminal offense to trespass on this property. Sold As Is. Seller does not provide survey. Room sizes are estimated and unverified. Xome Auction. *Property not for rent.*
Start your next chapter in this solid all-brick 2-unit building offering flexibility, space, and endless possibilities! Whether you're seeking multi-generational living, room to grow, or a property with separate living spaces, this well-maintained building delivers exceptional value and versatility. Turn rental income into homeownership with this solid all-brick 2-unit opportunity! Whether you're looking to live in one unit with rental income or add a cash-flowing property to your investment portfolio, this well-maintained building offers exceptional value and flexibility. Major updates have already been completed, including a new plumbing system in 2024, a roof installed in 2020, and a garage built in 2012. The second-floor unit features hardwood floors, a spacious eat-in kitchen, three generous bedrooms, and 1.1 baths. The lower-level unit offers a large living room, an eat-in kitchen, a generous bedroom, and plenty of space for comfortable living. The utility room includes an additional bedroom that can be incorporated into the lower-level unit, creating a 2-bedroom layout. Enjoy a spacious backyard that's perfect for entertaining, along with a 2.5-car detached garage and a driveway providing additional off-street parking. A great value for owner-occupants and investors alike. Schedule your private showing today!
This is a well maintained 3 unit building that has been updated. This building offers a fenced in yard, 2 car detached garage, multiple water heaters and furnaces and much more. This property is already cash flowing with great income!!
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 archway 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.
GOLDEN OPPORTUNITY! Whether you are looking for a lucrative addition to your investment portfolio or an opportunity to live in one unit and rent out the other, this all-brick 2-unit building offers a strong opportunity for an investor or an owner-occupant. Both units feature functional layouts designed for modern living. The kitchens are equipped with granite countertops, wood cabinetry, pantry storage, and spacious eat-in areas. The first-floor unit features a kitchen island, while the second-floor unit includes a breakfast bar. Flooring consists of hardwood on the second level and laminate on the first. In total, the building offers 5 bedrooms, 2.5 bathrooms, separate laundry rooms, ceiling fans, and wall A/C units. Hot Water Heater (2025), New Garage Door (2024). The exterior features a fully enclosed privacy fence, an outdoor storage shed, and a detached 2-car garage. Both units will be vacant once sold, allowing a buyer to select their own tenants and set market rents immediately. Property is being sold as-is. The buyer is responsible for the Village inspection and compliance. Contact us to schedule a private tour.
Welcome to this spacious 2-unit building offering an excellent opportunity for both owner-occupants and investors! The top unit features some recent updates. Generate rental income while occupying one unit, or maximize cash flow by renting both units. A solid income-producing property. Schedule your tour today!
This well-maintained 2-unit property in Calumet City offers a great investment or owner-occupant opportunity with spacious 2-bedroom and 3-bedroom apartments. The 2-bedroom unit features new stainless steel appliances, fresh paint, new electrical outlets and light fixtures, new carpet, and updated plumbing fixtures in the kitchen, bathroom, and laundry area. The in-unit laundry room also includes a new laundry sink for added convenience. The spacious 3-bedroom apartment includes a finished basement area with an additional bedroom, family room, and in-unit laundry area. This unit also features a new water heater. Additional property improvements include a newer roof, recently painted exterior wood trim, off-street parking located at the rear of the building, and a storage shed for extra space. Both units offer in-unit laundry, and the property has been carefully maintained and it is ready for its next owner.
Incredible Investment Opportunity in Calumet City! Don't miss this versatile 2-unit building ideally located near transportation and local amenities. Each spacious unit offers 3 bedrooms and 2 bathrooms, providing excellent rental potential or multi-generational living options. The property also includes a basement for additional storage or expansion possibilities, ample parking, and a private backyard - adding even more appeal for future occupants. Whether you're an investor or an owner-occupant looking to generate income, this property delivers fantastic value and long-term potential. Property sold in "AS-IS" condition.
This two-unit features a fully finished basement with potential for in-law or related living space. Located on a property with a side driveway and a detached 2-car garage, each unit offers 3 bedrooms and 1 full bathroom plus 1 half bath, along with an eat-in kitchen. The back yard is fully fenced for privacy, and each unit has its own heating system. The roof is newer and the building was remodeled in 2022, delivering modern updates and solid value.
Approved Short Sale with fast closing!!! Live in one unit and let rent the other out in this beautifully renovated asset to your portfolio. This stunning duplex in Calumet City has been completely remodeled from top to bottom, including all new plumbing and electrical, offering peace of mind and long-term value. Each unit features 2 bedrooms and 1 bathroom with impressive 10-foot ceilings, creating a bright, open, and modern feel throughout. The kitchens are thoughtfully designed with 42-inch blue cabinetry, quartz countertops, elegant tile backsplashes, striking gold hardware, and a peninsula with seating for two-perfect for both everyday living and entertaining. The primary bedrooms are generously sized, comfortably accommodating a king-size bed set with room to spare-even space for a full couch. Additional highlights include an alarm system with camera access for added security. The enclosed, finished rear porch provides flexible extra space, while the upper unit offers private laundry hookups and central air. The first-floor unit includes access to a full basement, presenting excellent potential to duplex down or finish for additional living space. Outdoor amenities include a large deck, private yard, and garage access, rounding out the functionality and appeal of the property. The building is currently fully rented, with leases expiring soon. Tenants have expressed interest in staying, offering immediate income potential, though all occupancy is negotiable, making this an excellent opportunity for both owner-occupants and investors. A rare combination of modern finishes, flexible layout, and income potential this is one you don't want to miss.
Come Tour Today This Opportunity Won't Last Long! Don't miss out on the chance to live for free or secure a cash-flowing investment from day one! This beautiful two-unit brick building is located on a quiet block in Calumet City. Property Features: - Both units: 3 bedrooms and 2 bathrooms - Long-term month-to-month tenants already in place - Solid brick construction with a private driveway - Full basement and a 0.5-car garage Conveniently situated just 30 minutes from downtown and 10 minutes from Indiana, this property is close to restaurants, shopping, and golfing. Take advantage of this opportunity TODAY!!
Unlock incredible sweat equity with this solid late-1970s all-brick 2-flat! Each spacious unit features 3 bedrooms and 2 full bathrooms, offering strong rental potential or ideal multi-generational living. The full basement provides additional income possibilities or expansion options, while the detached 2-car garage adds convenience and value. Whether you're looking to renovate and flip or build long-term cash flow, this property is packed with potential. Opportunities like this don't last-schedule your showing today! Conventional or Cash deals only - Calumet City Inspection Report is in the additional information; the buyer will be responsible for these village requirements.
Multi-family property offering spacious units, each featuring 3 bedrooms and 1.5 bathrooms. The property also includes a basement providing additional living space or storage options, along with a 2-car garage. Great opportunity to add your personal touches and enhance value.
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.
Solid brick 4-unit townhome building offering low maintenance and strong income potential. Each unit features its own furnace, hot water tank, and separately metered heat, electric, and water-providing efficiency and simplified management. Ceramic tile in kitchens and bathrooms, in-unit laundry and dedicated storage. Fully occupied, this property presents an immediate income-producing opportunity for investors, while also offering flexibility for an owner-occupant looking to live in one unit. Well-located with easy access to downtown Chicago and Northwest Indiana, making it attractive to tenants and commuters alike. This is a versatile, turnkey opportunity with long-term upside. Schedule your showing today! Property taxes are $18,362 with homeowners exemption.
Don't miss this opportunity to own a 4 flat in Calumet City. The building is fully rented. The building has 2 one bedrooms; one 2 bedroom and one 3 bedroom with a laundry room and a two car garage. The building has been well maintained and updated as needed. The lower-level unit has been completed renovated as of 2023. Unit 2 has long-term tenants and they have a new oven range and fridge; unit 3 has been recently rented and it has two new windows, and the unit has been freshly painted and cleaned. Unit 4 has a new bathroom vanity and a new fridge. The photos included pictures of the lower level without appliances. The appliances have been installed and they are all stainless steel and were purchased in 2024. The rents range from $925 to $1500. Will try to show two units on the first showings.
Calling all owner-occupants or investors looking to ASSUME a 3.375 interest rate! Discover the meticulously maintained 2-unit building at 341 Crandon Avenue in Calumet City, a perfect opportunity for families or savvy investors looking to add a 3rd unit for more income. Each unit boasts 3 generously sized bedrooms and 2 bathrooms, complemented by an eat-in kitchen featuring an island and room for a dining table. Stainless steel upgraded appliance packages add a touch of luxury. With individual furnaces and central air conditioning for each unit, comfort and convenience are prioritized. The full basement offers endless possibilities for additional living, recreation, or storage. The property also includes a spacious two-car detached garage and a large, well-maintained backyard-ideal for outdoor gatherings, gardening, or simply relaxing. Located in a welcoming neighborhood, the home is just minutes away from schools like Caroline Sibley Elementary and Thornwood High, as well as parks and local conveniences. With easy access to shopping, dining, and public transportation, this property combines suburban charm with urban accessibility. Don't delay-make your appointment today to see this exceptional property!
THREE SINGLE FAMILY HOMES ON TWO LOTS! CONTACT LIST BROKER FOR PREFERRED LENDER. 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.
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!
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.

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.