$650,000
$689,000
5.7%For more information regarding the value of a property, please contact us for a free consultation.
402 Cornell Avenue Calumet City, IL 60409
Key Details
Sold Price $650,000
Property Type Commercial
Sub Type Multi Family 5+
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 09956758
Sold Date 04/30/19
Year Built 1971
Annual Tax Amount $15,567
Tax Year 2016
Lot Dimensions 75X180
Property Sub-Type Multi Family 5+
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%.
Location
State IL
County Cook
Zoning MULTI
Interior
Fireplace Y
Exterior
View Y/N true
Read Less
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© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Bought with Gary Lucido • Lucid Realty, Inc.