247 157th Street

Calumet City, IL 60409

$550,000
Price
6
Beds
6
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

A fantastic opportunity for investors! This fully remodeled brick 6-unit building in the Calumet City area features six spacious one-bedroom apartments, all currently rented and generating steady income. Recent updates ensure low maintenance, making this property a smart addition to any portfolio. Don't wait-schedule your showing today!A fantastic opportunity for investors! This fully remodeled brick 6-unit building in the Calumet City area features six spacious one-bedroom apartments, all currently rented and generating steady income. Recent updates ensure low maintenance, making this property a smart addition to any portfolio. Don't wait-schedule your showing today!
  1. Listed by Maria Castillo • RE/MAX MI CASA

Property Details for 247 157th Street

Area
Calumet City
Township
Thornton
Zoning
MULTI
LISTING UPDATED: 11/19/2024 12:22 PM

Property Details for 247 157th Street

StatusNew
MLS #12211639
Days on Market2
Taxes$12,514 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family 5+ / Corridor-Exterior Entrance
Year Built1924
Lot Size0.15 AC / 6,720 SF
CountyCook County

Building Information for 247 157th Street

Stories2Residences6Year Built1924Building Size-Lot Size0.15 AC / 6,720 SF

Property Information for 247 157th Street

General Information
Location and General Information
  • Information: 48-Hr Notice Required
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Heat/Ventilation: Central Bldg Heat,Baseboard
  • # Of Refrigerators: 6
  • Num of Baths: 6.0
Property/Lot Information
  • Built Before 1978: Yes
  • Approximate Age: Older
  • Multi-Family Type: Corridor-Exterior Entrance
  • Lot Dimensions: 112X60
  • Stories: 2
  • Construction: Brick
  • # Of Ranges: 6
Property and Assessments
  • Public Document Count: 3
  • Document Date: 2024-11-19T18:20:49
  • Photos Count: 7
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 6
Income & Expenses
  • Electric Expense: $572.00
  • Fuel Expense: $5,171.00
  • Gross Income: $58,405.00
  • Gross Scheduled Income: $58,405.00
  • Insurance Expense: $2,800.00
  • Maintenance Expense: $.00
  • Electric Expense Source: Actual
  • Expense Year: 2023
  • Total Annual Expense Source: Actual
  • Fuel Expense Source: Actual
  • Insurance Expense Source: Actual
  • Janitor Expense: 0
  • Other Expense Source: Actual
  • Repairs-Decor Expense Source: Actual
  • Trash Expense Source: Actual
  • Total Monthly Income: 4867
  • Water Expense Source: Actual
  • Net Operating Income: $38,215.00
  • Operating Expense: $25,190.00
  • Other Expense: $.00
  • Trash Expense: $1,235.00
  • Water Sewer Expense: $2,898.00
Unit 1
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 1
  • Unit Type Units Total: 6
Unit 2
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 2
  • Unit Type Units Total: 0
Unit 3
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 3
  • Unit Type Units Total: 0
Unit 4
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 4
  • Unit Type Units Total: 0
Unit 5
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 5
  • Unit Type Units Total: 0
Unit 6
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 6
  • Unit Type Units Total: 0
Unit 7
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 7
  • Unit Type Units Total: 0

Property History for 247 157th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 247 157th Street

Taxable ValueLand$2,531Additions$14,755Total$17,286
Tax Record2022$12,515 ($1,043 / month)
Home Facts
Baths6Total Finished SqFt5,460 SqFtAbove Grade Finished SqFt5,460 SqFtStories2Lot Size6,751 SqFtStyleMulti-Family Res (5+ Units)Year Built1924CountyCOOKAPN30-17-127-001

Schools near 247 157th Street

This home is within Lincoln Esd 156 School District.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Lincoln Elementary School
PublicPK to 8

Thornton Fractional North High School
Public9 to 12

Center for Academics and Technolo
Public9 to 12

Center for Alternative Learning
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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247 157th Street is a multi-family home for sale in Calumet City, IL 60409. This property was listed for sale on November 18, 2024 by RE/MAX MI CASA, it's currently listed at $550,000. It has been on the market for a total of 2 days and was last sold on May 13, 2013. This listing's school districts are Lincoln Esd 156 School District, Thornton Fractional Twp Hsd 215 School District. Nearby schools include Lincoln Elementary School, Thornton Fractional North High School and Center for Academics and Technolo. 247 157th Street is a 6-bed, 6-bath, multi-family home built in 1924.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX MI CASA

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Based on information submitted to the MLS GRID as of 11/19/2024 12:22 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.