Solid brick 6-unit apartment building being sold AS IS, WHERE-IS, offering excellent potential for investors or owner-occupants. Explore the flexibility to convert the building into either 4 units to qualify for residential financing or expand to 8 units for increased rental income (subject to zoning and city approval). The roof is approximately 2 years old. Currently, only one long-term tenant (10+ years) remains and is expected to vacate upon sale. Note: Cook County records list the address as 4446 156th Street, though it may more accurately be 44-46 156th Street. Bring your renovation ideas and maximize the value of this unique opportunity. Conventional, cash, or renovation loans only.
MLS# | 12335696 |
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Listing Type | For Sale |
Style | Town House |
Sub-Type | Resale |
Status | Active Under Contract |
Year | 1924 |
Days On Site | 11 |
Listing Provided By | Berkshire Hathaway HomeServices Starck Real Estate | John Jasohn Chavez |
SQ Feet | 4,656 |
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Basement | Y |
Story(s) | 2 |
Units | 6 |
Zoning | MULTI |
Acreage | 0.14 |
State | IL |
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County | Cook |
City | Calumet City |
Zip Code | 60409 |
Area | Calumet City |
Listing VS Median (In 60409) | |
Price: $265,000 low | high Med: $164,925 SqFt: 4,656 low | high Med: 1,172 $ / SqFt: $57 low | high Med: $141 On site: 11 low | high Med: 104.000000 |