Calumet City, IL 60409,559 Wentworth AVE
Calumet City, IL 60409,559 Wentworth AVE
Calumet City, IL 60409,559 Wentworth AVE
Calumet City, IL 60409,559 Wentworth AVE
Calumet City, IL 60409,559 Wentworth AVE
Calumet City, IL 60409,559 Wentworth AVE
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Jasmine Greer

Jasmine Greer

+1(708) 404-2629
$ 3,000,000
Est. payment | /mo

0.52 Acres Lot

Save
$ 3,000,000
Est. payment | /mo
Save

0.52 Acres Lot

Key Details

Property Type Multi-Family

Sub Type Multi Family 5+

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12547131

Maintenance Fees $18,500

Year Built 1968

Annual Tax Amount $62,653

Tax Year 2024

Lot Size 0.520 Acres

Lot Dimensions 200X125

Property Sub-Type Multi Family 5+

Property Description

CURRENT 9 CAP RATE - Pleased to present the opportunity to purchase the multi-family investment property located at 551-559 & 561 Wentworth Avenue in Calumet City, Illinois. The Property includes three (3), 3-story, multi-family buildings, containing thirty-six (36) rental units. The unit matrix includes thirty-three (33), 1-Bedroom/1-Bathroom units and three (3), Studio units. About half of the units have been recently renovated, and they property is fully stabilized with full occupancy. Property current taxes are locked in for $65,000 per year through the Affordable Housing Special Assessment Program giving clear site to maintained great cash flow for the future. The property is located in Calumet City, Illinois which is a South Suburb of Chicago located along the border of Illinois and Indiana. The property has excellent access to Interstates 90, 94, 294, 80 and 57 as well as US Routes 20, 41 and 6. The quick highway access provides easy accessibility to both Chicago Metropolitan and Northwest Indiana and the surrounding areas.

Location

State IL

County Cook

Area Calumet City

Interior

Fireplace N

Building

Dwelling Type Multi Family 5+

Midwest Real Estate Data (MRED) IDX
© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Anthony Spangler of  Horvath & Tremblay IL, LLC 

NEARBY SCHOOLS & PROPERTIES

SCHOOLSPROPERTIES
Elementary Schools 20
  • 7

    Grissom Elementary School

    Public | KG - 8

  • 6

    Thomas Jefferson Elementary School

    Public | PK - 5

  • 5

    Lincoln Elementary School

    Public | PK - 8

  • 5

    Lafayette Elementary School

    Public | PK - 5

  • 4

    Clay Elementary School

    Public | PK - 8

  • 4

    Kenwood Elementary School

    Public | KG - 5

  • 4

    Abraham Lincoln Elementary School

    Public | PK - 5

  • 4

    Thomas a Edison Elementary School

    Public | PK - 5

  • 4

    Frank O'Bannon Elementary School

    Public | PK - 5

  • 3

    Carol Moseley Braun School

    Public | 1 - 6

  • 3

    Burnham Elementary School

    Public | PK - 8

  • 3

    Reavis Elementary School

    Public | KG - 5

  • 3

    Columbia Elementary School

    Public | KG - 5

  • 2

    Wentworth Intermediate School

    Public | 3 - 5

  • 1

    New Beginnings Learning Academy

    Public | KG - 6

  • 1

    Caroline Sibley Elementary School

    Public | KG - 6

  • 1

    Hoover Elementary School

    Public | PK - 5

  • 1

    Lew Wallace Elementary School

    Public | PK - 5

  • 1

    Washington Irving Elementary School

    Public | PK - 5

  • 1

    Maywood Elementary School

    Public | PK - 5

Middle Schools 8
  • 5

    Wentworth Jr High School

    Public | 6 - 8

  • 5

    Hammond Academy of Science & Tech

    Public | 6 - 12

  • 3

    Donald E Gavit Mdl/High School

    Public | 6 - 12

  • 2

    School of Fine Arts

    Public | 6 - 8

  • 2

    Henry W Eggers Elementary/Md School

    Public | 6 - 8

  • 1

    Creative Communications Academy

    Public | 6 - 8

  • 1

    S T E M Academy

    Public | 6 - 8

  • 1

    Schrum Memorial School

    Public | 6 - 8

High Schools 6
  • 5

    Thornton Fractnl No High School

    Public | 9 - 12

  • 1

    Hammond High School

    Public | 9 - 12

  • 1

    East Chicago Central High School

    Public | 9 - 12

  • 0

    American School

    Private | 9 - 12

  • 0

    Area Career Center

    Public | 9 - 12

  • 0

    Bishop Noll Institute

    Private | 9 - 12

School and business data provided by Attom Data.

GET MORE INFORMATION

Jasmine Greer
Jasmine Greer

Real Estate Consultant | License ID: 475204121

+1(708) 404-2629 | jasmine@jasminesellshouses.com

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559 Wentworth AVE