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11 157th Street, Calumet City, IL 60409
$349,000
11 157th Street, Calumet City, IL 60409View this property at 11 157th Street, Calumet City, IL 60409
11 157th StreetCalumet CityIL60409
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Property Description
Creative financing available! Rare opportunity with this 7-unit apartment building in Calumet City. 5 out of the 7 units are occupied. Great value-add opportunity! Once stabilized, the property should gross over $88,000 a year. Dozens of improvements have been made over the past few years. In a prime situation for someone to take over in create instant equity. Ask an agent for a more details, including an Offering Memorandum, and a Cap-Ex/improvement list.
Full Property Details
Full Property Details for 11 157th St
General
- Price: $349,000
- Taxes: $9,565 (2022)
- Status: Active
- Type: Commercial
- MLS ID: 12049645
- Updated: 5/13/2024
- Added to Site: 21 day(s) ago
Location
- Area: Calumet City
- County: Cook
- Township: Thornton
- Driving Directions: State Line Ave to Webb St. Right onto Legion Dr then right onto 157th. Property on the right (Corner)
Heating & Cooling
- Heating Type: Central Building Heat
Structural Information
- Stories/Levels: 2
- Year Built: 1911
- Built Before 1978: Yes
Lot Features
- Lot Dimensions: 50 x 117
Financial Considerations
- Operating Expenses: $35,606
- Assessment Year: 1911
- Tax Amount: $9,565
- Tax Year: 2022
- Tenant Pays: None
Disclosures and Reports
- Property ID: 30172130010000
Listed by Earned Run Real Estate Group
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Schools
Schools serving 11 157th St
School Districts:Lincoln Elementary School District 156, Thornton Fractional Township High School District 215
Rating | Name | Grades | Distance |
---|---|---|---|
410 157th St, Calumet City, IL 60409 | PK-8 | 0.5 mi | |
755 Pulaski Rd, Calumet City, IL 60409 | 9-12 | 1 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 11 157th St
Date
Details
Price
Change
Source
5/07/2024
Listed
$349,000
1296%
MLS
8/17/2022
Sold
$25,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 11 157th St
Year
Property Taxes
Change
Tax Assessment
Change
2022
$9,374
-2%
$12,947
—
2021
$9,565
7%
$12,947
—
2020
$8,919
-9%
$12,947
-5%
2019
$9,811
1%
$13,569
—
2018
$9,669
-11%
$13,569
-15%
2017
$10,923
9%
$15,908
3%
2016
$10,035
4%
$15,518
—
2015
$9,686
—
$15,518
—
2014
$9,677
-3%
$15,518
-12%
2013
$9,950
5%
$17,568
—
2012
$9,437
—
$17,568
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 11 157th St
11 157th Street, Calumet City, IL 60409 (MLS# 12049645) is a Commercial property. 11 157th Street is currently listed for $349,000 and was received on May 07, 2024. Want to learn more about 11 157th Street? Do you have questions about finding other Commercial real estate for sale in Calumet City? You can browse all Calumet City real estate or contact a Coldwell Banker agent to request more information.