652 Chappel Avenue
652 Chappel Avenue
652 Chappel Avenue
652 Chappel Avenue
652 Chappel Avenue
652 Chappel Avenue
652 Chappel Avenue
652 Chappel Avenue
652 Chappel Avenue
652 Chappel Avenue
652 Chappel Avenue
652 Chappel Avenue
652 Chappel Avenue
652 Chappel Avenue
652 Chappel Avenue
652 Chappel Avenue
652 Chappel Avenue
652 Chappel Avenue
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652 Chappel Avenue
652 Chappel Avenue
652 Chappel Avenue
652 Chappel Avenue
652 Chappel Avenue
652 Chappel Avenue
652 Chappel Avenue
652 Chappel Avenue
652 Chappel Avenue
652 Chappel Avenue
652 Chappel Avenue
652 Chappel Avenue
652 Chappel Avenue
652 Chappel Avenue
652 Chappel Avenue
652 Chappel Avenue
652 Chappel Avenue
652 Chappel Avenue
Sold

652 Chappel Avenue

652 Chappel Avenue, Calumet City, IL 60409

$345,000
This six-unit income property in Calumet City offers an enticing investment opportunity with its four two-bedroom units and two large one-bedroom units, all featuring decks, shared laundry facilities, ample parking, and additional storage units. Boasting a near 10% cap rate, it presents a compelling choice for investors seeking stable returns. The property's long-term market tenants and guaranteed rental income through subsidies further enhance its appeal, ensuring consistent cash flow. Situated strategically and well-maintained, it stands as a valuable asset in the real estate market, promising both growth and income potential. With convenience amenities like parking and storage units alongside its attractive rental units, this property holds promise for seasoned investors and newcomers alike, offering a blend of security and profitability in a competitive market.***Highest and Best Friday 12pm All offers on a CAR multi unit contract, proof of funds. Thank you***

6,078 Sq.Ft. LIVING AREA

7,380 Sq.Ft. lot

Vergis Eiland

Vergis Eiland

Features & Amenities

Area & Lot

  • Status Sold
  • Living Area6,078 Sq.Ft.
  • Lot Area7,380 Sq.Ft.
  • MLS® ID12009208
  • TypeCommercial
  • YEAR BUILT1976

Exterior

  • STORIES3
  • utilitiesSanitary Sewer, Sewer-Storm Available, Water-Municipal
  • roofComposition, Tar and Gravel
  • AIR CONDITIONINGWindow Unit(s)
  • SubstructureConcrete Perimeter

Financial

  • Sales Price$345,000
  • Real Estate Tax $17,393/yr
  • Zoning MULTI

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