566 Ingraham

Calumet City, IL 60409

This turnkey two-flat investment property in Calumet City offers extensive recent system upgrades and modern interiors. Major improvements include replacement of the main water supply line to Calumet City (2024, approx. $15,000 value), a newly poured concrete walkway (2025), new roof with soffit and gutters (2023), wrapped windows (2023), and two new furnaces (2022). Both apartments feature recessed lighting, luxury vinyl plank flooring, stainless steel appliances, crisp new white kitchen cabinets with white quartz countertops, and updated bathrooms. The first-floor unit includes an eat-in kitchen and a bathroom with a double vanity sink topped with white quartz, a rare feature in this market. This unit is currently rented and, along with the basement, will be shown only after an accepted contract. The second-floor unit, available for immediate showing, includes a sunroom that may be utilized as a third bedroom. This property is ideal for house hacking - live in one unit and rent out the other unit for reduced or no expenses. The unfinished basement provides additional storage or the opportunity to create a recreational space. Each apartment has front and rear private entrances, providing both privacy and security, and each has separate gas and electric meters. The landlord is responsible only for water. Ample street parking, low property taxes, and a convenient east-side location near the Indiana border-offering access to lower fuel costs and no tax on groceries-further enhance tenant appeal. This is a strong investment opportunity with updated systems, desirable finishes, and consistent rental demand. Pre-approvals must be reviewed prior to showing.