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New
    • $319,000

    283 Yates Ave, Calumet City, IL 60409

    8beds
    --sqft
    : 
    $2,422/mo
    Get pre-qualified
    Multi Family
    Built in 1972
    -- sqft lot
    $316,500 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Brick 4 unit investment opportunity in Calumet City offering strong income plus a rare owner occupant option. The building features two spacious 3 bedroom, 2 bathroom units and two 1 bedroom, 1 bathroom units, 8 bedrooms and 6 baths in total, with a 3 car garage. All four units are currently leased and producing income, with two tenants on month to month terms, giving a new owner flexibility to deliver a vacant unit at closing. Live in one of the large 3 bedroom units and let the other three for your mortgage, or hold the whole building as a cash flowing rental. Recent updates throughout. Convenient to Sibley Boulevard shopping, dining, schools, and I 94 for an easy commute. Tenants pay their own electric. Solid brick construction, well maintained, and ready for its next owner. Buyers must view the property before submitting an offer. Please do not disturb tenants. The property taxes do not represent a Homeowner Exemption.
    13 hours
    |
    49
    |
    8
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Michael Fisher (708)719-0977,

    M Property Group LLC

    Source: MRED as distributed by MLS GRID,MLS#: 12686009MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 8
      • Bathrooms: 6
      • Full bathrooms: 6
      Heating
      • Steam
      Features
      • Basement: None

      Property

      Parking
      • Total spaces: 3
      • Parking features: Yes, Detached, Garage
      • Garage spaces: 3
      Lot
      • Size: 4,791 Square Feet
      • Dimensions: 40X126
      Details
      • Parcel number: 29122040130000
      • Special conditions: None

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Brick
      Condition
      • New construction: No
      • Year built: 1972

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Location
      • Region: Calumet City

      Financial & listing details

      • Tax assessed value: $311,000
      • Annual tax amount: $21,472
      • Date on market: 8/3/2026
      • Ownership: Fee Simple

        Estimated market value

        $316,500

        $301,000 - $332,000

        $2,493/mo

        Price history

        DateEventPrice
        8/3/2026Listed for sale$319,000-7.3%
        Source: MRED as distributed by MLS GRID #12686009 Report a problem
        2/17/2025Listing removed$344,000
        Source: MRED as distributed by MLS GRID #11997418 Report a problem
        9/25/2024Contingent$344,000
        Source: MRED as distributed by MLS GRID #11997418 Report a problem
        9/3/2024Price change$344,000-2.8%
        Source: MRED as distributed by MLS GRID #11997418 Report a problem
        5/29/2024Price change$354,000-5.3%
        Source: MRED as distributed by MLS GRID #11997418 Report a problem
        4/23/2024Price change$374,000-1.6%
        Source: MRED as distributed by MLS GRID #11997418 Report a problem
        4/1/2024Listed for sale$379,900+27.1%
        Source: MRED as distributed by MLS GRID #11997418 Report a problem
        10/12/2021Sold$299,000+32.9%
        Source: Public Record Report a problem
        9/12/2018Listing removed$1,700
        Source: Renters Warehouse Report a problem
        9/6/2018Sold$225,000+104.5%
        Source: Public Record Report a problem
        7/27/2018Listed for rent$1,700+9.7%
        Source: Renters Warehouse Report a problem
        12/8/2017Sold$110,000+83.6%
        Source: MRED as distributed by MLS GRID #09702533 Report a problem
        12/22/2015Listing removed$1,549
        Source: Oak Park Avenue Realty, Ltd. Report a problem
        11/21/2015Price change$1,549-3.2%
        Source: Oak Park Avenue Realty, Ltd. Report a problem
        11/13/2015Listed for rent$1,600
        Source: Oak Park Avenue Realty, Ltd. Report a problem
        10/10/2015Listing removed$1,600
        Source: Oak Park Avenue Realty, Ltd. Report a problem
        9/16/2015Listed for rent$1,600
        Source: Oak Park Avenue Realty, Ltd. Report a problem
        3/29/2012Listing removed$59,900
        Source: Kennedy Connection Realtors Report a problem
        3/21/2012Listed for sale$59,900+9.1%
        Source: Kennedy Connection Realtors Report a problem
        3/14/2012Listing removed$1,600
        Source: Mack Companies Report a problem
        1/22/2012Listed for rent$1,600
        Source: Mack Companies Report a problem
        1/21/2012Listing removed$54,900
        Source: Kennedy Connection Realtors #07919846 Report a problem
        1/11/2012Listed for sale$54,900-12%
        Source: Kennedy Connection Realtors #07919846 Report a problem
        12/27/2011Sold$62,400+4.2%
        Source: MRED as distributed by MLS GRID #07822359 Report a problem
        12/10/2011Price change$59,900-25%
        Source: Kennedy Connection Realtors #07919846 Report a problem
        11/11/2011Price change$79,900-15.8%
        Source: Kennedy Connection Realtors #07919846 Report a problem
        10/8/2011Listed for sale$94,900-64.9%
        Source: Kennedy Connection Realtors #07919846 Report a problem
        7/14/2003Sold$270,000+36.4%
        Source: Public Record Report a problem
        9/15/1994Sold$198,000
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$21,472 +10.6%$31,100
        2023$19,421 -9.8%$31,100 +14.3%
        2022$21,540 +6.2%$27,211
        2021$20,288 +9.7%$27,211
        2020$18,496 +11.4%$27,211 +20.9%
        2019$16,609 -12.2%$22,500 -12.6%
        2018$18,922 +4.3%$25,741
        2017$18,138 -16.8%$25,741 -21.2%
        2016$21,801 +2.4%$32,679
        2015$21,293 +2.8%$32,679
        2014$20,722 +46%$32,679 +36.7%
        2013$14,195 +17.9%$23,901
        2012$12,039 +4.5%$23,901
        2011$11,517 +2.1%$23,901 -22.2%
        2010$11,285 +15.1%$30,718
        2009$9,808 +7.2%$30,718 -5%
        2008$9,153 -0.3%$32,336 +2.6%
        2007$9,185 +11.8%$31,503
        2006$8,215 -3.4%$31,503
        2005$8,501 +13.1%$31,503 +34.3%
        2004$7,519 -4.3%$23,457
        2003$7,858 +3.8%$23,457
        2002$7,573 +5.4%$23,457 +3.7%
        2001$7,187 +4.6%$22,618
        2000$6,872 +5.6%$22,618
        1999$6,507 $22,618
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 60409

        Getting around

        70 / 100
        Very Walkable
        30 / 100
        Some Transit
        46 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • District: 149

        Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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