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$319,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • 8 Total Beds
  • 3 Car Garage
  • Updated 2 days ago
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Brick 4 unit investment opportunity in Calumet City offering strong income plus a rare owner occupant option. The building features two spacious 3 bedroom, 2 bathroom units and two 1 bedroom, 1 bathroom units, 8 bedrooms and 6 baths in total, with a 3 car garage. All four units are currently leased and producing income, with two tenants on month to month terms, giving a new owner flexibility to deliver a vacant unit at closing. Live in one of the large 3 bedroom units and let the other three for your mortgage, or hold the whole building as a cash flowing rental. Recent updates throughout. Convenient to Sibley Boulevard shopping, dining, schools, and I 94 for an easy commute. Tenants pay their own electric. Solid brick construction, well maintained, and ready for its next owner. Buyers must view the property before submitting an offer. Please do not disturb tenants. The property taxes do not represent a Homeowner Exemption.

Full Property Details for 283 Yates Ave

General

  • Price: $319,000
  • Taxes: $21,472 (2024)
  • Status: Active
  • Type: Multi-Family
  • Source: MRED
  • MLS ID: 12686009
  • Updated: 8/3/2026
  • Added to Site: 3 day(s) ago

Interior

  • Basement: None

Rooms

Bathrooms

  • Total Bathrooms: 6
  • Upper - Full Baths: 6

Bedrooms

  • Total Bedrooms: 8

Parking

  • Garage: Yes
  • Garage Spaces: 3
  • Total Spaces: 3
  • Parking Features: Yes, Detached, Garage

Location

  • Area: Calumet City
  • County: Cook
  • Township: Thornton
  • Driving Directions: Sibley Blvd east to Yates, north to property

School Information

  • School District: 149
  • Elem School District: 149
  • Midd School District: 149
  • High School District: 205

Heating & Cooling

  • Heating Type: Steam

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Construction: Brick
  • Exterior Const.: Brick
  • Basement Desc.: None
  • Year Built: 1972
  • Built Before 1978: Yes

Unit Information

  • Units in Building: 4

Lot Features

  • Lot Size (Acres): 0.11
  • Lot Size Range: Less than .25 Acre
  • Lot Dimensions: 40 x 126

Financial Considerations

  • Assessment Year: 1972
  • Tax Amount: $21,472
  • Tax Year: 2024
  • Pays Sewer: Public Sewer

Disclosures and Reports

  • Ownership: Fee Simple
  • Property ID: 29122040130000

Listed by M Property Group LLC

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Listing agent

— 283 Yates Ave —

  • M Property Group LLC

(708) 719-0977

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 283 Yates Ave

School Districts:Dolton School District 149, Thornton Township High School District 205
NameGradesDistance
Caroline Sibley Elementary School
1550 Sibley Boulevard, Calumet City, IL 60409
K-60.4 mi
School Of Fine Arts
1650 Pulaski Road, Calumet City, IL 60409
6-80.9 mi
Creative Communications Academy
1650 Pulaski Road, Calumet City, IL 60409
6-80.9 mi
S T E M Academy
1650 Pulaski Road, Calumet City, IL 60409
6-80.9 mi
Thornwood High School
17101 South Park Avenue, South Holland, IL 60473
9-123.8 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 283 Yates Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
8/03/2026
Listed
$319,000
6.69%
MLS
7/02/2021
Sold
$299,000
—
Public Record
Get Price Alerts and Save Property
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 for 283 Yates Ave

Year
Property Taxes
Change
Tax Assessment
Change
2023
$19,421
-10%
$31,100
14%
2022
$21,540
6%
$27,211
—
2021
$20,288
10%
$27,211
—
2020
$18,496
11%
$27,211
21%
2019
$16,609
-12%
$22,500
-13%
2018
$18,922
4%
$25,741
—
2017
$18,138
-17%
$25,741
-21%
2016
$21,801
2%
$32,679
—
2015
$21,293
3%
$32,679
—
2014
$20,722
46%
$32,679
37%
2013
$14,195
18%
$23,901
—
2012
$12,039
—
$23,901
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by M Property Group LLC

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283 Yates Avenue, Calumet City, IL 60409 (MLS# 12686009) is a Multi-Family property with 4 units containing 8 bedrooms and 0 full bathrooms. 283 Yates Avenue is currently listed for $319,000 and was received on August 03, 2026. Want to learn more about 283 Yates Avenue? Do you have questions about finding other Multi-Family 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.

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