Address
808 Mackinaw Avenue, Calumet City, IL
Price
$ 199,900
Property Attributes
  • MLS#12736440
  • TypeMulti-Family
  • Listing Status Contingent
  • CountyCOOK
  • CityCalumet City
  • AreaCalumet City
  • Zip60409
  • StyleRanch
  • Year Built1978
  • Taxes$ 6902
  • Price$ 199,900
  • Bedrooms4
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage1601
  • Lot Size0.11 Acres
Data Source:
Midwest Real Estate Data (MRED)
Property Description

Welcome to 808 Mackinaw Ave., Units F & R! Fantastic opportunity for house hackers and investors in Calumet City. The rear unit is currently vacant, giving an owner-occupant the opportunity to move in and begin collecting rental income from the front unit immediately. Investors can also place their own tenant and take advantage of the property's full income potential. This brick two-unit property offers approximately 1,601 total square feet, with two bedrooms and one full bathroom in each apartment. Both units feature functional layouts, equipped kitchens, spacious bedrooms, generous closet space, and private laundry rooms. Gas and electric are separately metered, and each apartment has forced-air heating. Outside, the property features a spacious backyard and a long driveway with ample off-street parking. The one-story layout and slab foundation also mean there is no basement or shared lower-level space to maintain. The front unit is currently rented for $1,300 per month, providing income from day one. The vacant rear unit has an estimated pro forma rent of $1,420 per month, which would bring the property's total projected rental income to $2,840 per month or $34,080 annually. Based on estimated operating expenses of 35%, the property could generate an estimated NOI of $22,152 and an approximate 10.5% pro forma cap rate at the asking price. Whether you're looking to live in one unit while offsetting your housing expenses or add another income-producing property to your portfolio, this is an opportunity worth considering. Sold as-is. SEND AN OFFER! Offers may be submitted subject to a 14-day inspection contingency. Buyer to verify rents, leases, expenses, projections, square footage, and all other property information.

Elementary School Middle School
Lincoln Elementary School Lincoln Elementary School
Price History
8/18/2026 Listed $199,900

General Features

Sewer Public Sewer
Heating Natural Gas,Forced Air
Possession Closing,Tenant's Rights
Zoning MULTI
Architectural Style Ranch
Construction Materials Brick
Year Built 1978
Township Thornton
Tax Year 2024
Ownership Fee Simple
Gross Income 31020
Community Features Sidewalks,Street Paved
County Cook
Insurance Expense 744
New Construction No
Property Type Residential Income
Contingency Attorney/Inspection
Total Rooms 10
Status Contingent
Directions Burnham Avenue to 157th St. West on 157th St to Mackinaw Ave. North on Mackinaw Ave. Home will be on West side.
City Calumet City
High School District 215
MLS Area Calumet City
Elementary School Lincoln Elementary School
Tax Annual Amount 6902.52
Middle/Junior High School Lincoln Elementary School
Trash Expense 600
Water Sewer Expense 600
Standard Status Active Under Contract
Middle/Junior School District 156
Elementary School District 156
Property Type Two to Four Units

Interior Features

Basement None
Total Bedrooms 4
Total Baths 2
Bedrooms Possible 4
Full Baths Building 2
Total Number of Units 2

Exterior Features

Parking Features Driveway,Yes,Owned
Water Source Public
Total Parking 2
Lot Dimensions 105.6x75.7x53.6x44.1
BuyerOfficeFax (708) 206-3003
Lot Size Acres 0.11
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 60409

Price
AVG $270K
$200K
Year Built
AVG 1947
1978
Visits
AVG 200
51
Data Provided by Inside Real Estate®

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