$250,000
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44 Webb Street Calumet City, IL 60409
Multi-Family
Residence
9
Beds
3
Baths
Sq. Ft.
Property Activity
Time on Site
days
Days on Market
Views
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PHENOMENAL 3-UNIT BRICK BUILDING W/SEPARATE UTILITIES. APPLIANCES IN EACH UNIT. RUBBER ROOF, WELL MAINTAINED MULTI-UNIT. IN 2021 - UNIT #3: NEW A/C AND PAINTING, IN 2022 - ALL UNITS UPDATED W/NEW REFRIDGERATORS, IN 2023 - NEW WATER TANK HEATERS INSTALLED IN UNITS #1 & 2, NEW FURNACE INSTALLED IN UNI...T #3. HACC INSPECTIONS ARE MODERATE & ACED EASILY WHEREAS THERE IS ZERO RISK OF RENT LOSS DUE TO MAINTENANCE ISSUES AND/OR FAILED INSPECTIONS. FORECASTED RENTAL INCOME TO INCREASE ABOVE $3,800/mo. OR $45,000/yr. BASED ON THE ASSESSMENT RE. HACC RENT INCREASE ANALYSIS FOR THE YEAR 2024. CURRENT AVERAGE NET INCOME FOR THE LAST 3 YEARS: +$15,000 WHICH CAN EASILY INCREASE TO $20,000 IN THE FOLLOWING YEAR. SOLD AS - IS.
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MLS#
12102978
Property Type
Multi-Family
Bedrooms
9
Bathrooms
Year Built
1929
Sewer
Storm Sewer
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