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Hometown Real Estate
7700 W. Belmont Ave
Chicago , IL 60634
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888 317 9983
Fax:
773 664 0013

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Status: Contingent (For Sale)
Type: Multi Family
Year Built: 1918
Bedrooms: 4
Bathrooms: 2
MLS ID: 12593503


Overview
Photos (8)
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This property has LOW property taxes and strong rental appeal. Ideal for house-hacking! This updated, turnkey two-flat in Calumet City offers significant recent capital improvements and modern interiors, making it ideal for investors or owner-occupants seeking a house-hack opportunity. Major system upgrades include replacement of the main water supply line to Calumet City (2024, approx. $15,000 value), new roof with soffit and gutters (2023), wrapped windows (2023), two new furnaces (2022), and a newly poured concrete walkway (2025)-reducing near-term maintenance expenses. Both units feature recessed lighting, luxury vinyl plank flooring, stainless steel appliances, white shaker-style cabinetry, white quartz countertops, and updated bathrooms, providing modern finishes that attract and retain tenants. The first-floor unit has an eat-in kitchen and is currently rented (to be shown only after contract acceptance). The second-floor unit is available for immediate showing and includes a sunroom that can serve as a third bedroom. This option may create additional rental income value-add. Each unit has separate gas and electric meters, with front and rear private entrances. The owner is responsible only for water, helping maintain favorable operating costs. The unfinished basement offers not only additional storage, but also potential recreational space - for future value-add. Located on the east side of Calumet City near the Indiana border, tenants benefit from convenient access to lower fuel costs and no tax on groceries, further strengthening rental demand. Ample street parking and consistent tenant interest make this a solid addition to any investment portfolio. Pre-approvals must be reviewed BEFORE showing the property. Property is being sold AS-IS.

Courtesy Of: EXIT Strategy Realty


Feature Highlights


  • Built Before 1978

General Features


List Date:
03/16/2026

Interior Features


Bedrooms Possible:
4
Rooms Total:
9

Exterior Features and Amenities


Lot Size Dimensions:
25x123

Financial


Purchase Contract Date:
2026-03-25
Days On Market:
13
Tax Annual Amount:
$5,908.54
Tax Year:
2024

Other Features


Elementary School District:
155
High School District:
215
Middle Or Junior School District:
155
Age:
100+ Years


Directions


From Bishop Ford Fwy: 1) 7.7 mi-Exit 70B/Dolton Ave East 2) 3.0 mi (Turn Right)-Wentworth Ave 3) 0.3mi (Turn Left)-Memorial Dr 350ft 4) (Turn Left)-Ingraham Ave 5) 150 ft (On your Left) 566 Ingraham Ave

Availability Calendar


- Available - Unavailable

Rental Rates


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The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of MRED LLC. Real Estate listings held by brokerage firms other than Hometown Real Estate are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data last updated: 2026-04-06
.

Copyright 2026 MRED LLC

The information presented here is deemed reliable, though not guaranteed.
Illinois License 478101578
Corporate Office 7700 W. Belmont Ave, Chicago, IL 60634
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