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$275,000
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Property Description
A rare opportunity to acquire a stable, cash-flowing multi-family property at an attractive value in Calumet City! This turn-key 3-unit property is situated on an oversized lot and offers immediate income potential for both owner-occupants and investors alike. With two units currently leased thru Spring 2027 and one unit vacant, makes this property ideal for buyers looking to take advantage of owner-occupant financing options while generating rental income on day one! The property features two spacious 1-bedroom, 1-bath units and one 2-bedroom,1-bath unit, all offering functional layouts with natural lighting, ample storage, and eat-in kitchens with generous cabinetry and modern stainless steel appliances. Three boilers, three water heaters, and two wall A/C units, were all installed in 2023 providing added value and peace of mind for years to come. The property includes a digital card washer and dryer providing residents with modern convenience while generating additional monthly income for the owner. The property also sits on a massive corner lot with a 8-car driveway, a 2-car garage, and extra land/yard space to bring your ideas. Tenants are on a 1-year lease agreement and are responsible for their own electric, gas, and heating expenses. So whether you're an investor seeking to expand your portfolio or a buyer looking to live in one unit while building wealth through rental income, this property checks all the boxes!
Full Property Details
Full Property Details for 348 Pulaski Rd
General
- Price: $275,000
- Taxes: $8,335 (2024)
- Status: Active
- Type: Multi-Family
- Source: MRED
- MLS ID: 12667136
Interior
- Basement: None
Rooms
Bathrooms
- Total Bathrooms: 3
- Upper - Full Baths: 3
Bedrooms
- Total Bedrooms: 4
Parking
- Garage: Yes
- Garage Spaces: 2
- Total Spaces: 6
- Parking Features: Yes, Garage Owned, Detached, Owned, Garage
Location
- Area: Calumet City
- County: Cook
- Township: Thornton
- Driving Directions: PULASKI TO FREELAND TO PROPERTY
School Information
- School District: 132
- Elem School District: 132
- Midd School District: 155
- High School District: 132
- Middle School: Wentworth Junior High School
Heating & Cooling
- Heating Type: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Lake Michigan
Structural Information
- Construction: Vinyl Siding
- Exterior Const.: Vinyl Siding
- Basement Desc.: None
- Roof: Asphalt
- Year Built: 1918
- Built Before 1978: Yes
- Remodeled/Updated: 2023
Unit Information
- Units in Building: 3
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 45 x 125
Financial Considerations
- Parking Included: Yes
- Assessment Year: 1918
- Tax Amount: $8,335.89
- Tax Year: 2024
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 30083290220000
Listed by Kale Realty
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Schools
Schools serving 348 Pulaski Rd
School Districts:Calumet City School District 155, Thornton Fractional Township High School District 215
| Name | Grades | Distance |
|---|---|---|
Wilson Elementary School, Calumet City, IL 560 Wentworth Avenue, Calumet City, IL 60409 | PK-2 | 0.3 mi |
Wentworth Intermediate School 530 Superior Avenue, Calumet City, IL 60409 | 3-5 | 0.6 mi |
Wentworth Jr High School 560 Superior Avenue, Calumet City, IL 60409 | 6-8 | 0.6 mi |
Thornton Fractional North High School 755 Pulaski Road, Calumet City, IL 60409 | 9-12 | 0.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Tax History
Tax History for 348 Pulaski Rd
Year
Property Taxes
Change
Tax Assessment
Change
2023
$7,731
—
$12,000
—
2023
$7,731
-5%
$11,999
19%
2022
$8,140
83%
$10,099
76%
2021
$4,458
7%
$5,749
—
2020
$4,179
8%
$5,749
13%
2019
$3,875
2%
$5,071
—
2018
$3,795
3%
$5,071
—
2017
$3,668
24%
$5,071
14%
2016
$2,949
-36%
$4,451
-37%
2015
$4,622
-8%
$7,102
—
2014
$5,033
51%
$7,102
23%
2013
$3,342
6%
$5,772
—
2012
$3,146
—
$5,772
—
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 348 Pulaski Rd
348 Pulaski Road, Calumet City, IL 60409 (MLS# 12667136) is a Multi-Family property with 3 units containing 4 bedrooms and 0 full bathrooms. 348 Pulaski Road is currently listed for $275,000 and was received on June 18, 2026. Want to learn more about 348 Pulaski Road? 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.

