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248 155Th Pl Calumet City, IL 60409

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For Sale
$600,000

Mixed-use property featuring a funeral home and six apartment units.

Property size:
9,700 SF

Property Features for 248 155Th Pl

General Information

Standard status
Active
Zoning
R1
Size
9,700 SF

Building Details

Year built
1933

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Listing Contact
Derek Gonsch
Derek Gonsch
Source: Crexi

Listing Agency: SVN Chicago Commercial Listing Agent: Derek Gonsch

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Historic Building with Apartment Units

This historic building, a long-standing neighborhood fixture, presents an opportunity for an owner-user seeking added value through residential rental income. Currently operating as a funeral home, the well-maintained building is suitable for a new or expanding business. Attached to the funeral home is a six-unit apartment building. Five units are currently rented, generating $2700 per month, with one unit vacant. The property is located at the corner of 155th Pl & Lincoln Ave.
Location Intelligence

Current Use by Public Records

Castle Hill Funeral ... Social Service Agency

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Calumet City
County
Cook
State
Illinois
Longitude
-87.5320747
Latitude
41.6131908

FAQs

What type of property is this?
Specialty property - Mixed-use property featuring a funeral home and six apartment units.
Where is this specialty property located?
The property is located at 248 155Th Pl Calumet City, IL.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: - Owner-user opportunity with existing funeral home business.; - Includes a 6-unit apartment building for added value.; - Below-market rents in apartment units offer significant income upside.
More about this property
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