ClosedPrice Reduced

$295,000

$309,900
458 Madison Avenue, Calumet City, IL 60409
8 Beds5 Baths37 days
458 Madison Avenue·Calumet City, IL 60409
8Bedrooms
5Bathrooms
1971Year Built
About This Home

Turnkey Prime location Income generating property Discover this well-maintained 2-unit building, fully tenant-occupied with month-to-month leases, offering flexibility for owner-occupants too. Each unit is currently rented on a month-to-month basis, providing immediate income and flexibility. Located conveniently close to the expressway, shopping, and restaurants, this property combines prime location with excellent rental income potential. Recent updates include new gutters, new fence, new hallway carpeting, updated electric and switches, tuckpointing, and patio repairs, updated painting ensuring low maintenance for the new owner. Plus, the seller is offering a1 year home warranty for added peace of mind. Don't miss out on this turnkey investment! 2 car detached garage included for additional parking income. Side driveway parking also available. 2 Large units each with 3 bedrooms/1.5 bath, Hd Wd flooring, living room, appliances, dining room with a private front patio. 1st floor has ability expand into garden level with 2 bedroom, bath extra living area Complete with coin-operated laundry facilities on sight. This multi-unit is a rare find. This is a move-in ready gem or perfect income investment Either way you have a solid and secure investment for your future Act fast- this one won't last long. Schedule your showing now!!!! New carpet from hallway common area 2023 New carpet 1st fl Apt 2023 New Gutters and downspouts 2024 New Backyard fencing Landscaped Garage Painted New Ejector pump 2022 New Utility sink 2018 New hot water heater 2014 New Roof 2014 New Kitchen & appliances Apt 2 2019 New Appliances Apt 1 2021 New Light switches & Updated fixtures in common area. Updated Painting 2023/2024 All units rented. Garage rented Coin-Operated washer & dryer ( Re-Manufacture 2023

MLS# 12099495Listed July 1, 2024Residential Income
Property Details

Beds & Baths

Total Bedrooms8
Total Bathrooms5
Total Rooms14

Size & Structure

Garage Spaces2
Year Built1971
Lot Size40X122

Location

CountyCook
TownshipThornton
Zip Code60409

Financial

List Price$295,000
Original Price$309,900
Annual Taxes (2022)$10,496
Monthly Tax Est.$875
Parcel #29121260210000
Interior Features

Heating

Steam

Basement

FinishedFull
Exterior & Lot

Construction

Brick

Roof

Rubber

Foundation

Concrete Perimeter

Exterior Features

Balcony
Utilities & Parking

Sewer

Public Sewer

Water Source

Lake MichiganPublic

Parking

Garage Door OpenerOn SiteGarage OwnedDetachedGarage
HOA & Community

Community Features

CurbsSidewalksStreet LightsStreet Paved
Tax & Financial
Annual Taxes
$10,496
Tax Year 2022
Monthly Tax Est.
$875
per month
Price Reduced by $14,900
Original list price: $309,900
Property Location

458 Madison Avenue, Calumet City, IL 60409Cook County

$295,000
458 Madison Avenue
8 bd5 ba
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
37 days on market
2-car garage
40X122
$10,496/yr taxes
Price reduced $14,900
$2,425
estimated monthly payment
Principal & Interest
$1,550/mo
Property Tax
$875/mo
$295,000
20% — $59,000
3%50%
6.875%
3%12%
Loan Amount
$236,000
Down Payment
$59,000

* Estimated payment only. Actual rates, taxes, and insurance may vary. Contact a lender for a personalized quote.

Listed by
EXIT Realty WE
Agent: Eleazar Vazquez
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Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

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