Income-Producing Two- Unit Building in Calumet City! Great opportunity for both investors and owner-occupants. This solid, well-maintained two-unit building features a nicely updated first-floor unit with 2 bedrooms and 1 bathroom, and a second-floor unit that offers 3 bedrooms and 1 bathroom, and an opportunity for the next owner to add their own personal touches and build additional value. Both units are currently occupied and generate a combined monthly rental income of $2,749, representing $32,988 in annual gross rental income. Each unit has its own individual heating system, providing added convenience and control. The building also features a brand-new hot water heater. Nestled in a strong rental market, this property is an excellent opportunity for investors looking to generate rental income or owner-occupants who want to live in one unit while renting out the other. Enjoy a convenient location with easy access to I-94 Expressway, Indiana State Line, Shopping, Restaurants, and Public Transportation (Metra & Pace). With its desirable location, flexible living arrangements, and solid construction, this two-unit property offers excellent potential for homeowners and investors alike.

Listing Courtesy of MRED as distributed by MLS Grid of Coldwell Banker Realty



Based on information submitted to the MLS GRID as of 2026-11-07 08:11 AM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Last checked: 2026-11-07 08:11 AM UTC
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