358 Yates Ave 7 Unit Apartment Building$300,000 ($42,857/Unit)Calumet City, IL 60409

358 Yates Ave, Calumet City Illinois, 60409

Listing ID: CL-Illinois-27974 Commercial Duplex/Triplex/Fourplex Multifamily
Published on: Tuesday, July 7, 2026 | Updated on: Tuesday, July 7, 2026

Listing Summary

Seven-Unit Multifamily Investment Property for Sale in Illinois

Full Description

Quick Glance

  • Listing ID: CL-Illinois-27974
  • Status: Active
  • Year Build: N/A
  • Building Size: N/A
  • Lot Size: N/A

Additional Links

Property Documents

No documents available.

Complete Details

  • Heating and Cooling: Not Specified
  • Building Class: Class C

Pricing Details

Additional Features

Highlights
  • Unit mix includes six 2-bedroom/1-bathroom units and one 3-bedroom/1-bathroom unit.
  • The investment strategy centers on acquiring the property below its stabilized market value and unlocking additional value through strategic renovations, operational improvements, and proactive asset management.
  • Upon completion of renovations and full stabilization, the property is projected to achieve a 14.71% yield on cost. This investment offers substantial value-add potential through strategic unit renovations, increased occupancy, rental optimization, and en

Listing Location

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