8-Unit Apartment
For Sale
Under Contract
$300,000
358 Yates Avenue, Calumet City, IL 60409
Commercial Sale, Calumet City, IL
Property SizeContact for details
Days on Market51
Property Features for 358 Yates Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
15
Bathrooms
7
Full bathrooms
7
Rooms
Bedroom 5, Bathroom 5, Bedroom 9, Bedroom 2, Bathroom 1, Bedroom 11, Bedroom 14, Bathroom 6, Bathroom 2, Bedroom 12, Bedroom 10, Bedroom 4, Bathroom 3, Bedroom 1, Bedroom 3, Bedroom 7, Bedroom 8, Bedroom 6, Bedroom 15, Bedroom 13, Bathroom 4, Bathroom 7
Directions
Follow I-94 E to IL-83 S/Sibley Blvd in Dolton. Take exit 71B from I-94 E Continue on IL-83 S/Sibley Blvd. Drive to Yates Ave in Calumet City
Subdivision
Calumet City
Standard status
Active Under Contract
APN
29122110280000
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
33560
Building Details
Year built
1967
Floors in Building
3
Number of units
7
Listing Agency:
Keller Williams ONEChicago · Keller Williams Realty
(312) 216-2422
Listed By:
Anthony Hardy · License #475139834
(312) 216-2422
Added: Jul 1
Changed: Aug 20
Last Checked: Aug 20 at 8:06AM
MLS# 12693677
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.
This 8-unit apartment property at 358 Yates Avenue includes seven two-bedroom, one-bathroom apartments and one three-bedroom, one-bathroom apartment. Built in 1967, the building offers a defined unit mix for multifamily ownership and is currently positioned for repositioning. Available units, limited dependable in-place income, and required unit repairs create an operational improvement component for the next owner.
The property is located in Calumet City, Illinois, within Cook County. The planned work centers on turnover, unit repairs, and broader capital improvements intended to support lease-up and stabilization. The existing configuration provides seven two-bedroom layouts alongside a single three-bedroom layout.
The property is located in Calumet City, Illinois, within Cook County. The planned work centers on turnover, unit repairs, and broader capital improvements intended to support lease-up and stabilization. The existing configuration provides seven two-bedroom layouts alongside a single three-bedroom layout.
Key Highlights
- 8‑unit apartment building at 358 Yates Avenue
- Seven 2‑bedroom / 1‑bathroom units
- One 3‑bedroom / 1‑bathroom unit
Property Analytics
Property Profile
Current Use
Lease Details
8
Residential units
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?
Apartment building - 1967-built multifamily property with seven two-bedroom apartments and one three-bedroom apartment.
Where is this apartment building located?
The property is located at 358 Yates Avenue Calumet City, IL.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: 8‑unit apartment building at 358 Yates Avenue; Seven 2‑bedroom / 1‑bathroom units; One 3‑bedroom / 1‑bathroom unit
