83 Paxton AVE, Calumet City, IL 60409
83 Paxton AVE, Calumet City, IL 60409
83 Paxton AVE, Calumet City, IL 60409
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$400,000
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6,237 SqFt
Active

83 Paxton AVE Calumet City, IL 60409

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Dennis & Karen

Dennis & Karen

+1(219) 213-3346

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Key Details

Property Type Multi-Family

Sub Type Multi Family 5+

Listing Status Active

Purchase Type For Sale

Square Footage 6,237 sqft

Price per Sqft $64

MLS Listing ID 12722883

Maintenance Fees $300

Year Built 1972

Annual Tax Amount $20,588

Tax Year 2024

Lot Size 7,405 Sqft

Lot Dimensions 40'X128'

Property Sub-Type Multi Family 5+

Property Description

Turnkey investment opportunity! This well-maintained six-unit multifamily property offers an excellent opportunity to add a solid income-producing asset to your portfolio. The building consists of five spacious two-bedroom, one-bath apartments that are currently tenant occupied and producing immediate rental income, along with one one-bedroom, one-bath unit currently utilized for owner occupancy. This unique setup provides an outstanding opportunity for an owner-occupant to offset living expenses with rental income or for an investor to maximize income by leasing the sixth unit. Recent capital improvements, including a newer roof, front windows, furnaces, and water heater, help minimize future maintenance expenses and enhance long-term value. A rear parking area provides convenient off-street parking for tenants. Ideally located in Calumet City with easy access to major expressways, public transportation, shopping, dining, parks, schools, and nearby Indiana, this property offers a desirable location for tenants and investors alike. Convenient access to I-94 and I-80 makes commuting throughout the south suburbs and into downtown Chicago simple and efficient. Whether you're looking to expand your investment portfolio or live on-site while generating substantial rental income, this well-maintained six-flat is an outstanding opportunity. Please allow a minimum of 24 hours' notice for all showings due to tenant occupancy.

Location

State IL

County Cook

Area Calumet City

Zoning MULTI

Interior

Fireplace N

Building

Dwelling Type Multi Family 5+

Structure Type Brick

Midwest Real Estate Data (MRED) IDX
© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Sarah Leonard of  Legacy Properties, A Sarah Leonard Company, LLC 

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Dennis & Karen

Dennis & Karen

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+1(219) 213-3346

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