$ 300,000
302-306 River Oaks DR Calumet City, IL 60409
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$ 300,000
Est. payment /mo
Active
302-306 River Oaks DR Calumet City, IL 60409
8 Beds
1.52 Acres Lot
UPDATED:
08/18/2024 05:07 AM
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 11663186
Bedrooms 8
Year Built 1946
Annual Tax Amount $20,468
Tax Year 2021
Lot Size 1.520 Acres
Lot Dimensions 195X330X182X355
Property Description
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.
Location
State IL
County Cook
Area Calumet City
Zoning MULTI
Rooms
Basement Partial
Interior
Heating Natural Gas
Fireplace N
Exterior
Garage Attached, Detached
Garage Spaces 6.0
Waterfront false
Parking Type Unassigned
Building
Dwelling Type Two to Four Units
Sewer Public Sewer
Water Public
New Construction false
Schools
School District 157 , 157, 215
Others
Ownership Fee Simple
Special Listing Condition None
© 2024 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Jason Hinsley • @properties Christie's International Real Estate