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Brick Quadplex with Garage
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
Listed By: Michael Fisher · License #475182456
Added: Aug 3 Changed: Aug 9 Last Checked: Aug 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.

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.

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

Current Use

Quadplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office HVAC Service Electrical Service Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

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

Location Intelligence

Trade Area within ½ mile

655
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

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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
More about this property
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