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566 Ingraham Avenue, Calumet City, IL 60409

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For Sale

$187,875

4 beds

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • Newly Listed
    Time on Century 21

  • Over 50 Years Old
    Age

Explore this Property

This turnkey two-flat investment property in Calumet City offers extensive recent system upgrades and modern interiors. Major improvements include replacement of the main water supply line to Calumet City (2024, approx. $15,000 value), a newly poured concrete walkway (2025), new roof with soffit and gutters (2023), wrapped windows (2023), and two new furnaces (2022). Both apartments feature recessed lighting, luxury vinyl plank flooring, stainless steel appliances, crisp new white kitchen cabinets with white quartz countertops, and updated bathrooms. The first-floor unit includes an eat-in kitchen and a bathroom with a double vanity sink topped with white quartz, a rare feature in this market. This unit is currently rented and, along with the basement, will be shown only after an accepted contract. The second-floor unit, available for immediate showing, includes a sunroom that may be utilized as a third bedroom. This property is ideal for house hacking - live in one unit and rent out the other unit for reduced or no expenses. The unfinished basement provides additional storage or the opportunity to create a recreational space. Each apartment has front and rear private entrances, providing both privacy and security, and each has separate gas and electric meters. The landlord is responsible only for water. Ample street parking, low property taxes, and a convenient east-side location near the Indiana border-offering access to lower fuel costs and no tax on groceries-further enhance tenant appeal. This is a strong investment opportunity with updated systems, desirable finishes, and consistent rental demand. Pre-approvals must be reviewed prior to showing.
MLS# 12440232

Courtesy Of Exit Strategy Realty

(312) 554-5478

Property Features

  • Age
    Over 50 Years Old
  • Architecture Style
    Other

Map and Directions

Directions to 566 Ingraham Avenue, Calumet City, IL 60409

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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