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$319,000
Est. payment /mo
25,483 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 25,483 sqft
Price per Sqft $12
MLS Listing ID 831735
Year Built 1967
Annual Tax Amount $4,700
Tax Year 2024
Lot Size 0.585 Acres
Acres 0.585
Property Sub-Type Quadruplex
Property Description
Discover an exceptional investment opportunity with this well-maintained four-unit property in Calumet Township, ideally located at 6016 W 41st St. Consisting of two spacious 2-bed/1-bath units and two efficient 1-bed/1-bath units, the building offers a balanced and highly rentable unit mix. Sitting on a generous 0.59-acre lot, the property features 2,813 sq ft of living space with an average unit size of 705 sq ft, all on a single level for ease of access and maintenance. Built in 1967 and thoughtfully updated over time, the asset benefits from separately metered utilities, with tenants responsible for gas, electric, and trash--keeping operating costs low for the owner. Water and common-area electric are the only owner-paid utilities, and each unit includes individual furnaces and water heaters. With stable tenancy and strong market demand in this pocket of Lake County, this property offers investors immediate cash flow and long-term upside in a growing rental corridor.
Location
State IN
County Lake
Interior
Interior Features None
Heating Forced Air, Individual Unit, Natural Gas
Fireplace N
Appliance None
Exterior
Exterior Feature None
View Y/N true
View true
Building
Lot Description Other
Story One
Others
Tax ID 450725152018000001
Acceptable Financing NRA20251210213933954735000000
Listing Terms NRA20251210213933954735000000
Pets Allowed Call
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Listed by Ellsbury Commercial Group LLC • Tariq Suboh
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