44 Webb Street
Calumet City, Illinois 60409

Closed / MLS #12102978 / Multiple Unit (2-4) / Calumet City
Listing information updated 10/9/2024 at 12:43pm
PHENOMENAL 3-UNIT BRICK BUILDING W/SEPARATE UTILITIES. APPLIANCES IN EACH UNIT. RUBBER ROOF, WELL MAINTAINED MULTI-UNIT. IN 2021 - UNIT #3: NEW A/C AND PAINTING, IN 2022 - ALL UNITS UPDATED W/NEW REFRIDGERATORS, IN 2023 - NEW WATER TANK HEATERS INSTALLED IN UNITS #1 & 2, NEW FURNACE INSTALLED IN UNIT #3. HACC INSPECTIONS ARE MODERATE & ACED EASILY WHEREAS THERE IS ZERO RISK OF RENT LOSS DUE TO MAINTENANCE ISSUES AND/OR FAILED INSPECTIONS. FORECASTED RENTAL INCOME TO INCREASE ABOVE $3,800/mo. OR $45,000/yr. BASED ON THE ASSESSMENT RE. HACC RENT INCREASE ANALYSIS FOR THE YEAR 2024. CURRENT AVERAGE NET INCOME FOR THE LAST 3 YEARS: +$15,000 WHICH CAN EASILY INCREASE TO $20,000 IN THE FOLLOWING YEAR. SOLD AS - IS.

Listing Office: Jelani Realty Advisors

Listing Office Phone: 773.264.2188

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44 Webb Street is a multiple unit (2-4) which sold for $265,000. 44 Webb Street features 9 Beds, 3 Baths. This multiple unit (2-4) has been listed on @properties Christie's International Real Estate since August 1st, 2024 and was built in 1929.