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Active - Other for sale
Calumet City, IL
Facts & features
Why you’ll love it
Well-maintained 12-unit apartment building represents an excellent investment opportunity, combining an attractive unit mix with established rental income. The property includes FOUR spacious 2-bedroom units and EIGHT 1-bedroom units, providing a balanced selection of residences that supports strong and consistent rental performance. The property is currently generating solid rents, with two-bedroom units renting for $1,100 per month and one-bedroom units renting for $1,000 per month, resulting in an attractive estimated annual income of $148,800. This building is well suited for both experienced investors and those seeking to expand their portfolios. In addition, to its existing income stream and stable tenant base, the property offers opportunities for increased cash flow through future rental adjustments or operational improvements. Its 12-unit configuration also provides investors with multiple sources of rental revenue within a single property, making it a compelling option for those seeking an established multifamily asset with additional value potential. Conveniently located near the Illinois-Indiana border, the property provides access to shopping; the Metra train station; entertainment; educational; cultural establishments; and major highways. These nearby transportation and other options add to the property's overall convenience and accessibility. Trane high efficiency economical heating system. Whether the objective is to acquire a turnkey investment with current rental income or pursue opportunities to enhance future performance, this 12-unit apartment building presents a compelling investment opportunity in a growing rental market.
Listings courtesy of Infiniti Properties, Inc. as distributed by MLS GRID.
Listed by: Cimena Cummings • Infiniti Properties, Inc.
Co-listed by: De Janette Cummings • Infiniti Properties, Inc.
Source: MRED as distributed by MLS GRID, MLS#: 12605135
Based on info available as of Nov 14, 2026 at 1:28 PM EST.
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Affordability
$6,968/mo
- Mortgage$4,551
- Property tax$2,417
- HOA fee
- Homeowners insurance
Beycome estimates only. Actual amounts and terms vary by lender and location.
$18,000 Credit back
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Travel times
About Calumet City
This local overview has been generated by Artur AI, for informational purposes only. Please verify all details independently before relying on it.
Disclaimer
Midwest Real Estate Data (MRED) All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Multiple Listing Service. Real estate listings held by brokerage firms other than Midwest Real Estate Data may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. Copyright ©2026 All rights reserved.
Based on information submitted to the MLS GRID as of Nov 14, 2026 at 01:28pm EST. 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.
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$18,000 Credit back
