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85 Paxton Avenue, Calumet City, IL 60409
$389,999 Sale Pending
85 Paxton Avenue, Calumet City, IL 60409View this property at 85 Paxton Avenue, Calumet City, IL 60409
85 Paxton AvenueCalumet CityIL60409
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Property Description
Beautiful Well Maintained all brick 5 Unit Multi-Family building in vibrant Calumet City! Currently generating Great Cash Flow for the current owner! This gem is in a prime location only a few blocks away from nearby restaurants, shops and the expressway. Fully occupied with Central AC in each unit. Property has 4 one bedroom one bath and 1 three bedroom one bath units. Communal laundries generating thousands in extra income a year. Tenants pay their own electric/heat and are currently on annualized leases. Amazing opportunity for the next future landlord or investor. With the demand in rentals and the shortage in housing get in on the hottest sector in real estate today!! Multi-family properties are in extremely high demand and for very good reason. Contact me for a private showing
Full Property Details
Full Property Details for 85 Paxton Ave
General
- Price: $389,999
- HOA FEE: $300
- Taxes: $14,943 (2022)
- Status: Pending
- Type: Commercial
- MLS ID: 12017273
- Updated: 4/11/2024
- Added to Site: 29 day(s) ago
Location
- Area: Calumet City
- County: Cook
- Township: Thornton
- Driving Directions: Torrence Ave to Sibley Blvd West to Paxton South to address. Destination will be on the right
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Forced Air
Utilities
- Trash: 660
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Stories/Levels: 3
- Square Feet: 5,229
- Year Built: 1980
Unit Information
- Units w/Refrigerators: 5
- Units w/Range/Oven: 5
- # Dryers: 1
Lot Features
- Lot Dimensions: 50 x 125
- Zoning: MULTI
Financial Considerations
- Maint. Fee: $300
- Insurance Fee: $3,000
- Operating Expenses: $20,883
- Assessment Year: 1980
- Tax Amount: $14,943
- Tax Year: 2022
- Tenant Pays: Electricity, Heat
- Pays Electric: 180
- Pays Trash: 660
Disclosures and Reports
- Property ID: 29014180400000
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Schools
Schools serving 85 Paxton Ave
School Districts:Dolton Sd 149, Thornton Township Hsd 205
Rating | Name | Grades | Distance |
---|---|---|---|
1550 Sibley Blvd, Calumet City, IL 60409 | K-6 | 0.7 mi | |
1650 Pulaski Rd, Calumet City, IL 60409 | 7-8 | 1.2 mi | |
1650 Pulaski Rd, Calumet City, IL 60409 | 7-8 | 1.2 mi | |
15000 Cottage Grove Ave, Dolton, IL 60419 | 9-12 | 1.9 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 85 Paxton Ave
Date
Details
Price
Change
Source
4/01/2024
Listed
$389,999
35.89%
MLS
12/06/2023
Sold
$287,000
—
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 85 Paxton Ave
Year
Property Taxes
Change
Tax Assessment
Change
2022
$14,943
6%
$18,877
—
2021
$14,075
5%
$18,877
-5%
2020
$13,453
-12%
$19,792
-4%
2019
$15,235
—
$20,639
—
2018
$15,172
4%
$20,639
—
2017
$14,543
10%
$20,639
4%
2016
$13,243
2%
$19,850
—
2015
$12,934
3%
$19,850
—
2014
$12,587
10%
$19,850
3%
2013
$11,485
-8%
$19,338
-13%
2012
$12,478
—
$22,186
—
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 85 Paxton Ave
85 Paxton Avenue, Calumet City, IL 60409 (MLS# 12017273) is a Commercial property. 85 Paxton Avenue is currently listed for $389,999 and was received on April 01, 2024. Want to learn more about 85 Paxton 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.