ATTENTION INVESTORS!! Close proximity to the Illinois Indiana Border, the Hammond Academy of Science and Technology, Franciscan Health Centers, dining, and shopping. The future expansion of the South Shore Line's West Lake Corridor Line coming through the area makes this an amazing opportunity to generate income! Hammond's rejuvenation makes this a desirable investment.Upstairs is a 4BR, 2BA apartment (1430 ft2) (possible income of $1250 mo) that is able to be turned into (2)-2BR, 1BA units (715 ft2 each) (Possible Income of $900 mo each, $1800 mo total).Main Level is a 2BR, 1BA (1430 ft2) unit with a formal dining room (Possible income of $900 mo).Parcel also includes the house in the back of the property, which has its own address: 17 Russell Street, a 2BR, 1BA (880 ft2) home with an eat-in kitchen. Could potentially earn $900 mo.All units currently rented to family members at discounted rates, so rent rolls will not be helpful in determining profitability CAP Rates.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
