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Residential Income Duplex
For Sale
$325,000

355 Luella Avenue, Calumet City, IL 60409

For sale duplex property in Calumet City, IL, offered as a residential income asset.

Property SizeContact for details
Days on Market91

Property Features for 355 Luella Avenue

General Information

Standard status Active
Total Parking Spaces 2
Property subtype Two to Four Units / 2 Flat
Zoning SINGL

Taxes and HOA fees

Annual Taxes $13,809

Building Details

Year Built 1970
Listing Agency: RE/MAX 10
Listed By: Vanessa Bradley · License #475134181
Source: Compass
Added: Jun 16 Changed: Sep 13 Last Checked: Sep 13 at 9:59AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX 10

Investment Insights

Based on property information with market context.

This for-sale residential income duplex offers a multifamily residential configuration suitable for income-oriented ownership. The property is listed under duplexes and residential income property categories.

Located at 355 Luella Avenue in Calumet City, Illinois, the asset is offered for $325,000.

Beyond the duplex and residential income classification, no additional building details were provided.

Key Highlights

  • Duplex property in Calumet City, IL
  • Residential income asset
  • Built in 1970

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Parking Lot & Garage Cafe & Coffee Shop (Bike/Boat/Book/etc) Store

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

Location Intelligence

Trade Area within ½ mile

639
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
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - For sale duplex property in Calumet City, IL, offered as a residential income asset.
Where is this duplex located?
The property is located at 355 Luella Avenue Calumet City, IL.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: Duplex property in Calumet City, IL; Residential income asset; Built in 1970
More about this property
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