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$691,000
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Property Description
Step right into cash-flow in this well maintained 12 unit multi-family investment. Building has 10 (2) bedroom units and 2 (1) bedroom units. Laundry facilities on the first floor and 12 parking spaces in the back of the building. Recent updates in 2021 include fresh interior paint and light fixtures in the common areas. 10 of 12 units rented. The property taxes do not represent a Homeowner Exemption." IF it is the case. Confirm on cook county tax site
Full Property Details
Full Property Details for 394 Cornell Ave
General
- Sold For: $691,000
- Taxes: $36,907 (2023)
- Status: Closed
- Type: Commercial
- Source: MRED
- MLS ID: 12333682
- Added to Site: 147 day(s) ago
Additional Information
- Security/Safety: Alarm on Site, Smoke or Fire Protectors
Location
- Area: Calumet City
- County: Cook
- Driving Directions: Prairie right to Stewart left to Cornell left to address
Heating & Cooling
- Cooling Type: Window Unit(s)
- Heating Type: Central Building Heat, Radiant
Structural Information
- Stories/Levels: 3
- Year Built: 1972
- Built Before 1978: Yes
Unit Information
- Units w/Refrigerators: 12
- Units w/Range/Oven: 12
- # Dryers: 2
Lot Features
- Lot Size (Acres): 0.3
- Lot Size (Sq. Ft.): 13,297
- Lot Dimensions: 125 x 105
- Zoning: MULTI
Financial Considerations
- Security Deposit: Alarm On Site, Smoke or Fire Protectors
- Assessment Year: 1972
- Tax Amount: $36,907
- Tax Year: 2023
- Tenant Pays: Electricity
Disclosures and Reports
- Property ID: 29121160400000
Listed by M Property Group LLC
Sold by Keller Williams ONEChicago
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Schools
Schools serving 394 Cornell Ave
School Districts:Dolton School District 149, Thornton Township High School District 205
| Name | Grades | Distance |
|---|---|---|
Caroline Sibley Elementary School 1550 Sibley Boulevard, Calumet City, IL 60409 | K-6 | 0.8 mi |
School Of Fine Arts 1650 Pulaski Road, Calumet City, IL 60409 | 6-8 | 0.9 mi |
Creative Communications Academy 1650 Pulaski Road, Calumet City, IL 60409 | 6-8 | 0.9 mi |
Thornwood High School 17101 South Park Avenue, South Holland, IL 60473 | 9-12 | 3.2 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 394 Cornell Ave
Date
Details
Price
Change
Source
8/22/2025
Sold
$691,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
394 Cornell Avenue, Calumet City, IL 60409 (MLS# 12333682) is a Commercial property that was sold at $691,000 on August 22, 2025. Want to learn more about 394 Cornell Avenue? 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.

