375 Madison Avenue, CALUMET CITY IL 60409 Photo 1 375 Madison Avenue, CALUMET CITY IL 60409 Photo 2 375 Madison Avenue, CALUMET CITY IL 60409 Photo 3 375 Madison Avenue, CALUMET CITY IL 60409 Photo 4 375 Madison Avenue, CALUMET CITY IL 60409 Photo 5 375 Madison Avenue, CALUMET CITY IL 60409 Photo 6 375 Madison Avenue, CALUMET CITY IL 60409 Photo 7 375 Madison Avenue, CALUMET CITY IL 60409 Photo 8 375 Madison Avenue, CALUMET CITY IL 60409 Photo 9 375 Madison Avenue, CALUMET CITY IL 60409 Photo 10 375 Madison Avenue, CALUMET CITY IL 60409 Photo 11 375 Madison Avenue, CALUMET CITY IL 60409 Photo 12 375 Madison Avenue, CALUMET CITY IL 60409 Photo 13 375 Madison Avenue, CALUMET CITY IL 60409 Photo 14 375 Madison Avenue, CALUMET CITY IL 60409 Photo 15 375 Madison Avenue, CALUMET CITY IL 60409 Photo 16 375 Madison Avenue, CALUMET CITY IL 60409 Photo 17 375 Madison Avenue, CALUMET CITY IL 60409 Photo 18
Listing Courtesy of Keller Williams Preferred Rlty

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375 Madison Avenue - Cash cow! Rock-solid brick 3-unit is fully rented on Section 8 leases bringing in over $3,200/mo in rents, plus additional income from coin laundry and garage. Two 3bd/1.5ba units with 1/2 master baths and a legal 2bd garden unit. Updated finishes, all appliances owned by owner, 4 window A/C units owned by owner. Newer garage with overhead doors on both sides, currently used by owner/could be additional income. Pitched roof w/asphalt shingles. Tenants are on 12-month leases and would like to stay - ask agent for lease details. Convenient location across from park and just 2 blocks to I-94.

Listing information

  • MLS® ID: 09342723
  • Beds: 8
  • Stories: 0
  • Foreclosure: No
  • Estimated Annual Taxes: $14,309
  • Middle School: Wentworth Junior High School
  • Style: 3 Flat
  • Status: Active
  • Parking Type Description: Detached 2 cars
  • Lot Area: 0.11
  • County: Cook
  • Elementary School: Wilson Elementary School
  • Year Built: 1972
  • Total Rooms: 19
  • New Construction: No
  • Lot Size: 42 X 124
  • High School: Thornton Township High School

Features

Age 41-50 Years
Appliances/Features Unit 1 Refrigerator, Stove
Appliances/Features Unit 2 Refrigerator, Stove
Appliances/Features Unit 3 Refrigerator, Stove
Area Calumet City
Area Amenities Curbs/Gutters, Park/Playground, Sidewalks, Street Lights, Street Paved
Basement English, Full
Basement Description Exterior Access, Finished
Built Before 1978 (Y/N) Yes
Equipment Ceiling Fan, CO Detectors
Exterior Building Type Brick
Exterior Property Features Patio, Storms/Screens
Foundation Concrete
Garage Details Garage Door Opener(s)
Garage On-Site Yes
Garage Ownership Owned
Garage Type Detached
General Information Commuter Bus, Commuter Train, Interstate Access, School Bus Service
Heat/Fuel 2+ Sep Heating Systems, Gas, Hot Water/Steam, Indv Controls
Is Parking Included in Price Yes
Lot Description Fenced Yard
Lot Size Less Than .25 Acre
Other # Full Baths in Building - 3, # Full Baths-Unit 1 - 1, # Full Baths-Unit 2 - 1, # Full Baths-Unit 3 - 1, # Half Baths in Building - 2, # Half Baths-Unit 1 - 1, # Half Baths-Unit 2 - 1, # Half Baths-Unit 3 - 0, # Of Bdrms - Unit 1 - 3, # Of Bdrms - Unit 2 - 3, # Of Bdrms - Unit 3 - 2, # Of Rooms - Unit 1 - 6, # Of Rooms - Unit 2 - 6, # Of Rooms - Unit 3 - 4, Bedrooms (Below Grade) - 0, Floor # - Unit 1 - 1, Floor # - Unit 2 - 2, Floor # - Unit 3 - G, Gross Rental Income $ - 38496, Special Service Area - N, Tax Year - 2015, Total # Units in Building - 3, Total Full/Half Baths - 0, Township - Thornton, Zoning Type - Multi
Other Addl Income Coin Laundry, Garage/s
Ownership Fee Simple
Parking Garage
Possession Closing, Tenant's Rights
Property Type Two to Four Units
Recent Rehab (Y/N) No
Roof Type Asphalt/Glass (Shingles)
Sale Terms Conventional, FHA, VA
Sewer Sewer-Public
Special Assessments N
Style Of House Other
Tax Exemptions None
Tenant Pays - Unit 1 Electric
Tenant Pays - Unit 2 Electric
Tenant Pays - Unit 3 Electric
Type-Multi 3 Flat
Virtual Tour None
Water Lake Michigan, Public
Waterfront (Y/N) No
Listing Courtesy of Keller Williams Preferred Rlty