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90 Yates Avenue, Calumet City, IL 60409
$650,000 Sale Pending
90 Yates Avenue, Calumet City, IL 60409View this property at 90 Yates Avenue, Calumet City, IL 60409
90 Yates AvenueCalumet CityIL60409
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Property Description
Discover the perfect blend of residential charm and commercial potential with this meticulously rehabbed property in the heart of Calumet City. Nestled on a picturesque, tree-lined street, this commercial gem offers a unique opportunity for savvy investors or business owners seeking a prime location. Boasting a total of 6 units, this property features a thoughtful mix of living spaces, including 1 spacious one-bedroom unit and 5 generously sized two-bedroom units. Each unit has been tastefully updated with stunning hardwood laminate flooring throughout, creating a warm and inviting atmosphere. Designed with modern convenience in mind, the units are equipped with brand-new stainless steel appliances, ensuring a seamless and stylish living experience for tenants. The inclusion of heat in the rental fees adds an extra layer of comfort and value, while the individual wall A/C units provide personalized climate control for each resident. Offering exceptional energy efficiency and cost-savings, the property boasts a state-of-the-art boiler heating system, ensuring low gas bills and reducing the overall operational expenses for the building. Additionally, the on-site laundry room and boiler room generate an impressive $6,000 in annual revenue with just one set of machines, presenting an attractive source of passive income. Complementing the impressive interior features, the property offers ample private paved parking for tenants, with 6 dedicated spaces conveniently located in the rear. This added convenience ensures a hassle-free living experience for residents and their guests. Situated in a prime location, this property offers a unique blend of residential tranquility and commercial potential, making it an exceptional investment opportunity. Don't miss your chance to own this stunning rehabbed gem - schedule your viewing today and experience the perfect combination of style, convenience, and profitability.
Full Property Details
Full Property Details for 90 Yates Ave
General
- Price: $650,000
- Taxes: $19,997 (2022)
- Status: Pending
- Type: Commercial
- MLS ID: 12061973
- Updated: 6/11/2024
- Added to Site: 27 day(s) ago
Additional Information
- Security/Safety: Alarm on Site, Fire Extinguisher(s)
Parking
- Parking Features: 6 to 12 Spaces
Location
- Area: Calumet City
- County: Cook
- Township: Thornton
- Driving Directions: Take State Line Road to Yates turn on Yates Avenue to address. Street Parking available on same side street as property.
Community
- Assoc. Fees Include: Heat, Water, Parking
Heating & Cooling
- Cooling Type: Wall Sleeve, Window Unit(s)
- Heating Type: Hot Water, Baseboard
Utilities
- Trash: 2400
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Roof: Rubber
- Stories/Levels: 2
- Current Bldg. Use: Multi-Family
- Year Built: 1978
Unit Information
- Units w/Refrigerators: 6
- Units w/Range/Oven: 6
- # Dryers: 1
Lot Features
- Lot Dimensions: 7500
- Frontage: City Street
Financial Considerations
- Insurance Fee: $2,400
- Operating Expenses: $14,600
- Other Fee: $2,400
- Security Deposit: Alarm On Site, Fire Extinguisher/s
- Assessment Year: 1978
- Tax Amount: $19,997
- Tax Year: 2022
- Tenant Pays: Electricity
- Pays Electric: 3000
- Pays Trash: 2400
Disclosures and Reports
- Documents Avail.: Appraisal, Rent Roll
- Property ID: 29014220300000
Listed by Team Supreme Realty, LLC
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Schools
Schools serving 90 Yates Ave
School Districts:Dolton Sd 149, Thornton Township Hsd 205
Rating | Name | Grades | Distance |
---|---|---|---|
1550 Sibley Blvd, Calumet City, IL 60409 | K-6 | 0.6 mi | |
1650 Pulaski Rd, Calumet City, IL 60409 | 7-8 | 1.1 mi | |
1650 Pulaski Rd, Calumet City, IL 60409 | 7-8 | 1.1 mi | |
15000 Cottage Grove Ave, Dolton, IL 60419 | 9-12 | 2 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 90 Yates Ave
Date
Details
Price
Change
Source
5/21/2024
Listed
$650,000
140.74%
MLS
3/12/2021
Sold
$270,000
—
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 90 Yates Ave
Year
Property Taxes
Change
Tax Assessment
Change
2022
$19,998
6%
$25,263
—
2021
$18,836
10%
$25,263
—
2020
$17,172
14%
$25,263
23%
2019
$15,102
—
$20,459
—
2018
$15,039
-8%
$20,459
-12%
2017
$16,292
13%
$23,122
7%
2016
$14,392
2%
$21,573
—
2015
$14,056
-4%
$21,573
-7%
2014
$14,714
—
$23,204
-6%
2013
$14,688
6%
$24,730
—
2012
$13,908
—
$24,730
—
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 90 Yates Ave
90 Yates Avenue, Calumet City, IL 60409 (MLS# 12061973) is a Commercial property. 90 Yates Avenue is currently listed for $650,000 and was received on May 21, 2024. Want to learn more about 90 Yates 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.