RECENTLY RENOVATED FULLY BRICK 2 FLAT WITH FULL BASEMENT THAT IS ALREADY FRAMED/PLUMBED FOR A POSSIBLE ADDITION OF A THIRD UNIT. BOTH 1ST AND 2ND FLOOR UNITS ARE IDENTICAL 3 BEDROOMS WITH TWO FULL BATHROOMS INCLUDING A PRIMARY PRIVATE BATH, LIVING ROOM AND DINING ROOM. HARDWOOD FLOORS IN COMMON AREAS AND CHERRY KITCHEN CABINETS WITH GRANITE COUNTERS. RENOVATIONS INCLUDED ALL NEW ELECTRICAL, PLUMBING, HVAC INCLUDING CENTRAL AC/HEAT INDIVIDUAL PER UNIT. NOTHING TO DO BUT SIT BACK AND COLLECT RENT. SECOND FLOOR UNIT SLATED TO MOVE IN 9/1 @ $1,539 PER MONTH. FIRST FLOOR UNIT IS ORIGINAL TENANT @ $1,250 WHO IS ON A MONTH TO MONTH LEASE. YOU CAN LIVE IN THE FIRST FLOOR UNIT AND COLLECT RENT ON THE SECOND FLOOR UNIT OR HAVE A NEW LEASE SIGNED AND NEW MARKET RENT ON THE FIRST FLOOR UNIT. PLEASE BRING YOUR HIGHEST AND BEST OFFER AS THIS INVESTMENT PROPERTY WILL NOT LAST LONG. SOLD AS-IS
Closed
$275,000
506 Jeffery Ave, Calumet City, IL 60409
6beds
--sqft
Multi Family
Built in 1979
-- sqft lot
$321,800 Zestimate®
$--/sqft
$1,594 Estimated rent
Home value
$321,800
$299,000 - $344,000
$1,594/mo
Zestimate® history
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Hardwood floorsNew electricalPrimary private bathNew market rentGranite counters
Zillow last checked:
Listing updated:
Listed by:
John Gutman 312-925-0024,
Gutman Real Estate
Bought with:
Darrien Williams
Mark Allen Realty, LLC
Source: MRED as distributed by MLS GRID,MLS#: 11836390
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Natural Gas, Forced Air
Features
- Basement: Unfinished,Full
Property
Parking
- Total spaces: 4
- Parking features: Off Alley, On Site, Owned
Features
- Fencing: Fenced
Lot
- Size: 3,750 Square Feet
- Dimensions: 30X125
Details
- Parcel number: 29123020260000
- Zoning: MULTI
- Special conditions: None
- Other equipment: TV-Cable, Ceiling Fan(s), Sump Pump
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick
- Foundation: Concrete Perimeter
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1979
- Major remodel year: 2020
Utilities & green energy
- Sewer: Public Sewer
- Water: Lake Michigan, Public
Community & HOA
Community
- Security: Carbon Monoxide Detector(s)
Location
- Region: Calumet City
Financial & listing details
- Tax assessed value: $220,000
- Annual tax amount: $12,742
- Date on market: 7/19/2023
- Listing terms: FHA
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 9/22/2023 | Sold | $275,000 |
Source:  MRED as distributed by MLS GRID #11836390 Report a problem | ||
| 8/20/2023 | Contingent | $275,000 |
Source: MRED as distributed by MLS GRID #11836390 Report a problem | ||
| 8/18/2023 | Price change | $275,000+10% |
Source: MRED as distributed by MLS GRID #11836390 Report a problem | ||
| 8/15/2023 | Price change | $250,000-9.1% |
Source: MRED as distributed by MLS GRID #11836390 Report a problem | ||
| 7/19/2023 | Listed for sale | $275,000+323.1% |
Source: MRED as distributed by MLS GRID #11836390 Report a problem | ||
| 2/16/2017 | Sold | $65,000-59.4% |
Source: Public Record Report a problem | ||
| 10/16/2008 | Sold | $160,000 |
Source: MRED as distributed by MLS GRID #06949178 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $15,189 +10.6% | $22,000 |
| 2023 | $13,738 +1.6% | $22,000 +28.7% |
| 2022 | $13,528 +6.2% | $17,090 |
| 2021 | $12,742 +9.7% | $17,090 |
| 2020 | $11,616 -12.2% | $17,090 -4.7% |
| 2019 | $13,236 +0.4% | $17,930 |
| 2018 | $13,180 +4.3% | $17,930 |
| 2017 | $12,634 +3.3% | $17,930 -2.2% |
| 2016 | $12,225 +2.4% | $18,325 |
| 2015 | $11,940 +2.8% | $18,325 |
| 2014 | $11,620 +26.5% | $18,325 +18.4% |
| 2013 | $9,188 +5.6% | $15,471 |
| 2012 | $8,701 -8.1% | $15,471 -14% |
| 2011 | $9,465 +1.7% | $17,983 -13.5% |
| 2010 | $9,307 +5.3% | $20,784 |
| 2009 | $8,839 +7.6% | $20,784 -5% |
| 2008 | $8,212 -1.3% | $21,879 -1.3% |
| 2007 | $8,320 +10.2% | $22,165 |
| 2006 | $7,550 -3.1% | $22,165 |
| 2005 | $7,792 +11.8% | $22,165 +11.1% |
| 2004 | $6,971 +4.3% | $19,950 |
| 2003 | $6,683 +3.8% | $19,950 |
| 2002 | $6,441 +21.7% | $19,950 +19.8% |
| 2001 | $5,294 +4.6% | $16,659 |
| 2000 | $5,062 +1.8% | $16,659 |
| 1999 | $4,972 | $16,659 |
Find assessor info on the county website
Neighborhood: 60409
Nearby homes
- $--3 bd2 ba1.1k sqft506 Jeffery Ave APT 2, Calumet City, IL 60409Off Market
- $--3 bd2 ba-- sqft506 Jeffery Ave APT 1, Calumet City, IL 60409Off Market
- $307,8006 bd4 ba2.8k sqft508 Jeffery Ave APT 1, Calumet City, IL 60409Off Market
- $350,3008 bd6 ba3.9k sqft502 Jeffery Ave, Calumet City, IL 60409Off Market
- $388,4008 bd5 ba3.9k sqft502 Jeffery, Calumet City, IL 60409Off Market
- $--3 bd2 ba1.2k sqft502 Jeffery Ave #1-2-3, Calumet City, IL 60409Off Market
- $--3 bd2 ba1.3k sqft502 Jeffery Ave #1-3, Calumet City, IL 60409Off Market
- $202,6003 bd2 ba1.1k sqft510 Jeffery Ave, Calumet City, IL 60409Off Market
Nearby schools
GreatSchools rating
- 4/10Diekman Elementary SchoolGrades: PK-5Distance: 0.5 mi
- 4/10S T E M AcademyGrades: 8Distance: 0.5 mi
- 3/10Thornwood High SchoolGrades: 9-12Distance: 3.1 mi
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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Estimated market value
$321,800
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Estimated market value
$321,800
- Illinois
- Cook County
- Calumet City
- 60409
- 506 Jeffery Ave
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