This is a 12-unit investment offering located in a quiet community of Calumet City. The composition of units is 10-two bedroom units and 2-one bedroom units. The property is located on the south-west corner of Memorial Drive in Calumet City. The property has individual furnaces to each unit; so that the expense of heating the units is the responsibility of the tenants. The property is currently fully occupied. The rents have room for increases. The property fully cash-flows after debt service. The cap rate is 11.2%
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For more information about 1617 Memorial, Calumet City, IL 60409 contact Corcoran Urban Real Estate.
Broker Reciprocity
Listing provided by SK Properties Group, LLC
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