402 Cornell Avenue

    Calumet City, IL 60409
    • $689,000
    • STATUS: Active Under Contract
    • ON SITE: 210 days
    • MLS #: 09956758
    Under Contract
    UPDATED: 44 min ago
    $689,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1971
    County:
    Area:

    School Ratings & Info

    Description

    Multi-family investment opportunity, located on the quiet block of Cornell Ave, in Calumet City. The composition of units is 8-2 bedroom units & 4-1 bedroom units. The property is individually heated and is in great condition. The property cash-flows after debt service; the cap rate is 12.6%.

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    © 2018 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Touchstone Group. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Touchstone Group are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing broker. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing. Data last updated: 2018-12-16T12:50:11.393.

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    www.tsgre.com/homes/83770639

    402 Cornell Avenue Calumet City, IL 60409

    • Price: $689,000
    • Status: Active Under Contract
    • Updated: 44 min ago
    • MLS #: 09956758
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1971
    Built
    Neighborhood:
    Calumet City
    County:
    Cook
    Area:
    Calumet City
    Property Description
    Multi-family investment opportunity, located on the quiet block of Cornell Ave, in Calumet City. The composition of units is 8-2 bedroom units & 4-1 bedroom units. The property is individually heated and is in great condition. The property cash-flows after debt service; the cap rate is 12.6%.
    Exterior Features

    Lot Dimensions 75X180 Lot Sq Ft 13080 Number Of Parking Spaces 12

    Interior Features

    Number Of Bedrooms Type5 0 Number Of Bedrooms Type6 0 Number Of Bedrooms Type7 0 Number Of Bedrooms Unit1 2 Number Of Bedrooms Unit2 1 Number Of Bedrooms Unit3 0 Number Of Bedrooms Unit4 0 Number Of Dishwashers 0 Number Of Disposals 0 Number Of Dryers 2 Number Of Fireplaces 0 Number Of Full Bathrooms Type1 1 Number Of Full Bathrooms Type2 1 Number Of Ranges 0 Number Of Refrigs 0 Number Of Rooms Unit Five 0 Number Of Rooms Unit Four 0 Number Of Rooms Unit Six 0 Number Of Rooms Unit1 5 Number Of Rooms Unit2 4 Number Of Rooms Unit3 0 Number Of Rooms Unit7 0 Number Of Stories 3 Number Of Units Apt Type1 8 Number Of Units Apt Type2 4 Number Of Units Apt Type3 0 Number Of Units Apt Type4 0 Number Of Units Apt Type5 0 Number Of Units Apt Type6 0 Number Of Units Apt Type7 0 Number Of Washers 2 Repairs Decor Expense 2400

    Property Features

    Age 36-50 Years Built Before1978 YN Yes Contingency Flag Attorney/Inspection Electric Expense Source Actual Electricity Expense 824 Expense Year 2017 Fuel Expense 4820 Fuel Expense Source Actual Gross Rental Income Amount 12775 Heat Ventilation Forced Air Insurance Expense 3476 Insurance Expense Source Actual Janitor Expense 0 Janitor Expense Source Actual Monthly Income Max1 965 Monthly Income Max2 825 Net Oper Income Amount 86378 Net Operating Income Year 2017 Number Of Window Ac 12 Other Expense Source Actual Other Expenses 0 Tax Year 2016 Taxes 15567 Tenant Pays ElectricHeat Total Annual Exp 34986 Total Annual Expense Source Actual Total Annual Income 127752 Total Monthly Income 10646 Township Thornton Type Multi Family Corridor-Interior Entrance Washer Dryer Lsd YN No Water Expense 6607 Water Expense Source Actual Zoning Type Multi

    Listing information © 2018 Midwest Real Estate Data LLC.
    Listing provided courtesy of Sk Properties Group, Llc.


    © 2018 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Touchstone Group. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Touchstone Group are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing broker. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing. Data last updated: 2018-12-16T12:50:11.393.

    Digital Millennium Copyright Act
     
    Touchstone Group
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    Chicago IL, 60647