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$270,000 Contingent

  • For Sale
  • Contingent
  • Multi-Family
  • 4 Total Beds
  • 2 Car Garage
See This Home
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Don't miss this exceptional investment opportunity! This well-maintained, all-brick 2-unit building in Calumet City features two spacious units, each offering 2 bedrooms and 1.1 bathrooms, beautiful hardwood floors, and modern stainless steel appliances for a contemporary feel. Both main units are fully occupied with reliable, paying tenants-providing instant cash flow. The finished lower level includes a third fully finished living space commonly used as an in-law suite. Seller makes no representation as to the legality of the third unit-buyers are encouraged to perform their own due diligence. Perfect for extended family living or potential rental income (buyer to verify local zoning). This added space offers flexibility and increased value. The property also includes a detached 2-car garage, a fenced backyard, and is located on a quiet, residential block close to schools, shopping, and public transportation. This is a rare, turn-key property with great income potential-schedule your showing today! 48Hr Notice is REQUIRED

Full Property Details for 417 Cornell Ave

General

  • Price: $270,000
  • Taxes: $13,737 (2023)
  • Status: Contingent
  • Type: Multi-Family
  • Source: MRED
  • MLS ID: 12500523
  • Updated: 11/5/2025
  • Added to Site: 87 day(s) ago

Rental Information

  • Complex Features: Curbs, Sidewalks, Street Lights, Street Paved

Interior

  • Basement: Finished, F

Rooms

Bathrooms

  • Total Bathrooms: 4
  • Upper - Full Baths: 2
  • Bathroom Features: Double Sink, Soaking Tub

Bedrooms

  • Total Bedrooms: 4

Additional Information

  • Equipment: Ceiling Fan(s), Sump Pump, Water Heater-Gas
  • Other Features: School Bus Service, Interstate Access

Parking

  • Garage: Yes
  • Garage Spaces: 2
  • Total Spaces: 2
  • Parking Features: Garage Door Opener, Yes, Garage Owned, Detached, Garage

Location

  • Area: Calumet City
  • County: Cook
  • Township: Thornton
  • Driving Directions: 147th (Sibley Blvd) to Madison N to Harding W to Prairie N to Cornell west to the building.

School Information

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

Heating & Cooling

  • Heating Type: Natural Gas, Baseboard

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Onsite: Cable Available

Structural Information

  • Model: 2 UNIT
  • Construction: Brick
  • Exterior Const.: Brick
  • Basement: Yes
  • Basement Desc.: Finished, Full
  • Foundation: Concrete Perimeter
  • Roof: Asphalt
  • Windows: Screens
  • Year Built: 1971
  • Built Before 1978: Yes

Unit Information

  • Units in Building: 2

Manufactured Home

  • Model: 2 UNIT

Lot Features

  • Lot Size (Acres): 0.16
  • Lot Size Range: Less than .25 Acre
  • Lot Dimensions: 53 x 122
  • Fence: Yes
  • Lot Features: Corner Lot
  • Zoning: MULTI
  • Fencing (Description): Fenced

Financial Considerations

  • Parking Included: Yes
  • Assessment Year: 1971
  • Tax Amount: $13,737.68
  • Tax Year: 2023
  • Pays Sewer: Public Sewer

Disclosures and Reports

  • Ownership: Fee Simple
  • Property ID: 29121170140000

Listed by OwnYourOwn Realty

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— 417 Cornell Ave —

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NMLS#: 1598647

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NMLS#: 1598647

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with our affiliated in-house agency

Request a Quote

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

Schools serving 417 Cornell 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-60.7 mi
School Of Fine Arts
1650 Pulaski Road, Calumet City, IL 60409
6-80.8 mi
Creative Communications Academy
1650 Pulaski Road, Calumet City, IL 60409
6-80.8 mi
Thornwood High School
17101 South Park Avenue, South Holland, IL 60473
9-123.2 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 417 Cornell Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
10/22/2025
Listed
$270,000
-56.45%
MLS
3/01/2023
Sold
$620,000
—
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 417 Cornell Ave

Year
Property Taxes
Change
Tax Assessment
Change
2023
$2,763
-40%
$4,424
-23%
2022
$4,573
6%
$5,777
—
2021
$4,307
10%
$5,777
—
2020
$3,927
6%
$5,777
15%
2019
$3,721
—
$5,041
—
2018
$3,706
4%
$5,041
—
2017
$3,552
12%
$5,041
7%
2016
$3,158
2%
$4,733
—
2015
$3,084
3%
$4,733
—
2014
$3,001
-11%
$4,733
-16%
2013
$3,359
6%
$5,656
—
2012
$3,181
—
$5,656
—
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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417 Cornell Avenue, Calumet City, IL 60409 (MLS# 12500523) is a Multi-Family property with 2 units containing 4 bedrooms and 0 full bathrooms. 417 Cornell Avenue is currently listed for $270,000 and was received on October 22, 2025. Want to learn more about 417 Cornell 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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