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358 Yates Ave
Calumet City, IL 60409

$300,000 USD

Apartments For Sale  •  9,768 SF

Property Details

  • Property Type Apartments
  • Total Building Size 9,768 SF
  • Lot Size 0.24 AC
  • Building Class C
  • Year Built 1967
  • Zoning B3
20 Transit Score
60 Walk Score

Highlights

Unit mix includes six 2-bedroom/1-bathroom units and one 3-bedroom/1-bathroom unit.
Projected yield on cost of 14.71% upon completion of renovations and stabilization.
Investment strategy focused on acquiring below stabilized value and creating upside through active asset management.
Significant value-add opportunity through renovation, lease-up, and operational improvements.

Public Transportation

Commuter RailDriveWalkDistance
Hegewisch Station (South Shore Line - Northern Indiana Commuter Transportation District (South Shore Line)) 8 min - 3.4 mi
Ivanhoe Station (Metra Electric Line - Northeast Illinois Regional Commuter Railroad (Metra)) 9 min - 4.0 mi
AirportDriveWalkDistance
Chicago Midway International 41 min - 20.4 mi
Chicago O'Hare International 75 min - 41.2 mi
Tony Hardy Midwest Investment Advisors
Tony Hardy Midwest Investment Advisors