Brick Quadplex with
New
For Sale
$319,000
283 Yates Avenue, Calumet City, IL 60409
MULTI_FAMILY - Calumet City, IL
Property SizeContact for details
Lot Size0.11 Acres
Days on Market7
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 1, Bedroom 7, Bathroom 4, Bathroom 2, Bedroom 2, Bedroom 6, Bedroom 4, Bedroom 8, Bedroom 5, Bathroom 5, Bedroom 3, Bedroom 1, Bathroom 3, Bathroom 6
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
APN
29122040130000
Lot size
0.11 Acres
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
Listing Agency:
M Property Group LLC
(630) 518-4511
Listed By:
Michael Fisher · License #475182456
(630) 846-0133
Added: Aug 3
Changed: Aug 9
Last Checked: Aug 9 at 8:06AM
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.
Investment Insights
Based on property information with market context.
Located at 283 Yates Avenue in Calumet City, this 1972 quadplex contains four apartments within a brick-construction building. The unit mix includes two three-bedroom, two-bath residences and two one-bedroom, one-bath residences, totaling 8 bedrooms and 6 bathrooms. A three-car garage provides on-site parking, while steam heat, public water, and public sewer serve the property. Recent updates have been completed throughout.
All four apartments are leased, with two tenants occupying their units on month-to-month terms. The property supports either continued operation as a fully leased rental or an owner-occupant arrangement using one of the larger apartments. Tenants pay their own electric service. The 0.11-acre property is near Sibley Boulevard shopping, dining, and schools, with access to I-94 for regional commuting.
All four apartments are leased, with two tenants occupying their units on month-to-month terms. The property supports either continued operation as a fully leased rental or an owner-occupant arrangement using one of the larger apartments. Tenants pay their own electric service. The 0.11-acre property is near Sibley Boulevard shopping, dining, and schools, with access to I-94 for regional commuting.
Key Highlights
- Four‑unit brick building with 8 bedrooms and 6 bathrooms
- Unit mix includes two 3‑bedroom, 2‑bath units and two 1‑bedroom, 1‑bath units
- All four units are currently leased; two tenants are month to month
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
655
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Four leased apartments offer an owner-occupant pathway or continued rental operation in a solid masonry building.
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 building with 8 bedrooms and 6 bathrooms; Unit mix includes two 3‑bedroom, 2‑bath units and two 1‑bedroom, 1‑bath units; All four units are currently leased; two tenants are month to month
