566 Ingraham Avenue, Calumet City, Illinois 60409


$197,000

For Sale
Status: Contingent
Sqft: 0
Cost/Sqft:
Beds: 4
Baths: 0
Year Built: 1918
Property Taxes: $5,909
Days On Market: 18
Lot Size: 0,00
Map
Street View

Description

This property has LOW property taxes and strong rental appeal. Ideal for house-hacking! This updated, turnkey two-flat in Calumet City offers significant recent capital improvements and modern interiors, making it ideal for investors or owner-occupants seeking a house-hack opportunity. Major system upgrades include replacement of the main water supply line to Calumet City (2024, approx. $15,000 value), new roof with soffit and gutters (2023), wrapped windows (2023), two new furnaces (2022), and a newly poured concrete walkway (2025)-reducing near-term maintenance expenses. Both units feature recessed lighting, luxury vinyl plank flooring, stainless steel appliances, white shaker-style cabinetry, white quartz countertops, and updated bathrooms, providing modern finishes that attract and retain tenants. The first-floor unit has an eat-in kitchen and is currently rented (to be shown only after contract acceptance). The second-floor unit is available for immediate showing and includes a sunroom that can serve as a third bedroom. This option may create additional rental income value-add. Each unit has separate gas and electric meters, with front and rear private entrances. The owner is responsible only for water, helping maintain favorable operating costs. The unfinished basement offers not only additional storage, but also potential recreational space - for future value-add. Located on the east side of Calumet City near the Indiana border, tenants benefit from convenient access to lower fuel costs and no tax on groceries, further strengthening rental demand. Ample street parking and consistent tenant interest make this a solid addition to any investment portfolio. Pre-approvals must be reviewed BEFORE showing the property. Property is being sold AS-IS.

Property Specifics

Multi-unit
1918
No
Cook
— / —
12593503
30084050250000

Property History

DATE: EVENT: PRICE: SOURCE:
25 Mar, 2026 Under contract $197,000 MRED MLS
16 Mar, 2026 Listed for sale $197,000 MRED MLS

Room Specifics

All Bedroom Info:
Total Bedrooms: 4
Bedrooms Above Ground: 4
Bedrooms Below Ground: 0
Second Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Third Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Fourth Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Bathroom Info:
Full Bathrooms: 2
Partial Bathrooms: —
Bathroom Amenities: Double Sink
Bathroom in Basement: 0
Additional Rooms Info:
Rooms: —
Basement: —
Basement Description: —

Other Specifics

25x123
Not in DB

Tax History

Year Property Taxes
2026 $5,909

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Listing Provided By

EXIT Strategy Realty