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$ 187,875
Est. payment /mo
New
566 Ingraham AVE Calumet City, IL 60409
4 Beds
2 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12440232
Bedrooms 4
Year Built 1918
Annual Tax Amount $5,466
Tax Year 2023
Lot Dimensions 25x123
Property Sub-Type Two to Four Units
Property Description
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.
Location
State IL
County Cook
Area Calumet City
Rooms
Basement Unfinished, Full
Interior
Heating Natural Gas, Electric
Fireplace N
Building
Dwelling Type Two to Four Units
Building Description Aluminum Siding, No
Water Lake Michigan
Structure Type Aluminum Siding
New Construction false
Schools
School District 155 , 155, 215
Others
Ownership Fee Simple
Special Listing Condition List Broker Must Accompany
© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Mallori Lockett • EXIT Strategy Realty
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