566 Ingraham Avenue, Calumet City, IL 60409
Local realty services provided by:CENTURY 21 New Heritage
566 Ingraham Avenue,Calumet City, IL 60409
$197,000
- 4 Beds
- 2 Baths
- - sq. ft.
- Multi-family
- Pending
Listed by: mallori lockett, loreal flowers
Office: exit strategy realty
MLS#:12593503
Source:MLSNI
Price summary
- Price:$197,000
About this home
This property has LOW property taxes and strong rental appeal. Ideal for house-hacking! This updated, turnkey two-flat in Calumet City offers significant recent capital improvements and modern interiors, making it ideal for investors or owner-occupants seeking a house-hack opportunity. Major system upgrades include replacement of the main water supply line to Calumet City (2024, approx. $15,000 value), new roof with soffit and gutters (2023), wrapped windows (2023), two new furnaces (2022), and a newly poured concrete walkway (2025)-reducing near-term maintenance expenses. Both units feature recessed lighting, luxury vinyl plank flooring, stainless steel appliances, white shaker-style cabinetry, white quartz countertops, and updated bathrooms, providing modern finishes that attract and retain tenants. The first-floor unit has an eat-in kitchen and is currently rented (to be shown only after contract acceptance). The second-floor unit is available for immediate showing and includes a sunroom that can serve as a third bedroom. This option may create additional rental income value-add. Each unit has separate gas and electric meters, with front and rear private entrances. The owner is responsible only for water, helping maintain favorable operating costs. The unfinished basement offers not only additional storage, but also potential recreational space - for future value-add. Located on the east side of Calumet City near the Indiana border, tenants benefit from convenient access to lower fuel costs and no tax on groceries, further strengthening rental demand. Ample street parking and consistent tenant interest make this a solid addition to any investment portfolio. Pre-approvals must be reviewed BEFORE showing the property. Property is being sold AS-IS....
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Home facts
- Year built:1918
- Listing ID #:12593503
- Updated:May 26, 2026 at 07:48 AM
Rooms and interior
- Bedrooms:4
- Total bathrooms:2
- Full bathrooms:2
- Rooms Total:9
- Bathrooms Description:Double Sinks
- Basement Description:Unfinished
Heating and cooling
- Heating:Natural Gas
Structure and exterior
- Year built:1918
Utilities
- Water:Lake Michigan
- Sewer:Public Sewer
Finances and disclosures
- Price:$197,000
- Tax amount:$5,909 (2024)
Copyright 2026 Midwest Real Estate Data LLC. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Midwest Real Estate Data LLC. Listing information is deemed reliable but not guaranteed. MLSNI Member Broker: Lisa RossowNew listings near 566 Ingraham Avenue
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