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Brick 4-Unit Quadplex

283 Yates Avenue, Calumet City, IL 60409

For Sale
$319,000
Under Contract

Residential Income, Calumet City, IL

Property SizeContact for details
Lot Size0.11 Acres
Days on Market99

Property Features for 283 Yates Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 8
Bathrooms 6
Full bathrooms 6
Rooms Bathroom 6, Bedroom 8, Bathroom 3, Bathroom 5, Bedroom 2, Bathroom 4, Bedroom 3, Bedroom 4, Bedroom 7, Bathroom 1, Bathroom 2, Bedroom 6, Bedroom 1, Bedroom 5
Parking 3
Parking features Garage
Elementary school district 149
Middle school district 149
High school district 205
Directions Sibley Blvd east to Yates, north to property
Subdivision Calumet City
Standard status Active Under Contract
APN 29122040130000
Lot size 0.11 Acres

Additional Details

Tenant in Place Yes
Individually Metered Utilities electricity

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 21472

Utilities

Sewer type Public Sewer
Heating system Steam
Water source Public

Building Details

Year built 1972
Building materials Brick
Buildings 1
Listing Agency: M Property Group LLC
Listed By: Michael Fisher · License #475182456
Added: Aug 3 Changed: Oct 29 Last Checked: Nov 9 at 4:06AM
MLS# 12686009

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

This 1972 quadplex is constructed of brick and contains four residential units with eight bedrooms and six bathrooms. The unit mix includes two three-bedroom, two-bath residences and two one-bedroom, one-bath residences. A three-car garage provides on-site parking, while steam heating, public water, and public sewer serve the property. Recent updates have been completed throughout.

All four apartments are leased, including two on month-to-month terms. Tenants are responsible for their own electric service. The property is located at 283 Yates Avenue in Calumet City, near shopping, dining, schools, and I-94 access. Property taxes do not reflect a Homeowner Exemption.

Key Highlights

  • Four‑unit brick quadplex built in 1972
  • Unit mix includes two 3‑bedroom/2‑bath and two 1‑bedroom/1‑bath apartments
  • Eight bedrooms and six bathrooms across the property

Property Analytics

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Lease Details

4
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

585
Businesses Nearby

Demographics for 60409, IL

36,045
Population
16,868
Households
2.1
Avg Household Size
39
Median Age
20%
College-Educated
88%
High-School Grad
7.7 sq mi
ZIP Area
4,681
Density / Sq Mi
$53,991
Median Household Income
$37,389
Median Earnings
$1,138
Median Rent
$133,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Properties on Market for Quadplexes in Cook County

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Quadplex - Leased multifamily property with public utilities, steam heat, and garage parking.
Where is this quadplex located?
The property is located at 283 Yates Avenue Calumet City, IL.
What is the asking price?
The asking price for this property is $319,000.
What are key features of this property?
This property features: Four‑unit brick quadplex built in 1972; Unit mix includes two 3‑bedroom/2‑bath and two 1‑bedroom/1‑bath apartments; Eight bedrooms and six bathrooms across the property
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