Fantastic investment opportunity! Three houses, plus a coach house & additional detached garage, on a massive lot has the potential to generate great cash flow! Property is large enough to be sold off in portions or to build more homes on site to increase income. Currently with potential for six or more rental units altogether! Two larger homes on the front of the property feature potential for four rental units & each has attached garages. One smaller cottage in the middle of the lot is currently an individual rental unit. Additional buildings include a coach house & a detached garage. Ample parking lots provide room for up to 15 cars to park. Sold "As Is." Value in the size & expansion opportunity that this property provides. Buyer is responsible for independently confirming all information regarding property. Property dual-zoned for residential & business.
Church and rectory consisting of approximately 30,000SF on 3.6+- acres. Church seats 400-500 and has a fellowship hall and kitchen. Rectory is 3 stories and has multiple offices, bedrooms and some classrooms. Large paved parking. There was a school building at one time but it has been torn down.
PERFECTLY SECLUDED for a SINGLE FAMILY HOME or Large enough for the MERRILL AVE TOWNHOMES which are ready to be constructed! Plans have already been drawn for a 16 unit townhome subdivision. , MERRILL AVE TOWNHOMES will compliment the adjacent to Shady Acres Subdivision. Located in a quiet and secluded area of the city but close to schools, restaurants, shopping and expressway. (PHOTOS ARE PROPOSED UNITS FROM EXISTING ADJACENT SUBDIVISION)
Calumet City is located in Illinois. Calumet City, Illinois has a population of 37,091. Calumet City is less family-centric than the surrounding county with 18.83% of the households containing married families with children. The county average for households married with children is 30.49%.
The median household income in Calumet City, Illinois is $42,403. The median household income for the surrounding county is $59,426 compared to the national median of $57,652. The median age of people living in Calumet City is 35.6 years.
The average high temperature in July is 84.1 degrees, with an average low temperature in January of 17.6 degrees. The average rainfall is approximately 38.2 inches per year, with 34.8 inches of snow per year.