Agent profile image in chat bubble
Agent profile image in chat header

IDX Support

sales rep | Brivity IDX

Agent profile image in message

By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from , its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.
main property photo 0
main property photo 1
main property photo 2
main property photo 3
main property photo 4
View All (5)
property photo 1
property photo 2
property photo 3
486 Buffalo Ave , Calumet City, IL 60409
$899,996
Est. Payment: $4,911.65/mo
7486 Sqft
Status: active | Days on site: 201
Get Pre-Qualified
26363 - 605388,607382
By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from IDX Support, its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.
Agent profile image
IDX Support
sales rep
View agent profile
Email
Call

House Description

Well-maintained 12-unit apartment building represents an excellent investment opportunity, combining an attractive unit mix with established rental income. The property includes FOUR spacious 2-bedroom units and EIGHT 1-bedroom units, providing a balanced selection of residences that supports strong and consistent rental performance. The property is currently generating solid rents, with two-bedroom units renting for $1,100 per month and one-bedroom units renting for $1,000 per month, resulting in an attractive estimated annual income of $148,800. This building is well suited for both experienced investors and those seeking to expand their portfolios. In addition, to its existing income stream and stable tenant base, the property offers opportunities for increased cash flow through future rental adjustments or operational improvements. Its 12-unit configuration also provides investors with multiple sources of rental revenue within a single property, making it a compelling option for those seeking an established multifamily asset with additional value potential. Conveniently located near the Illinois-Indiana border, the property provides access to shopping; the Metra train station; entertainment; educational; cultural establishments; and major highways. These nearby transportation and other options add to the property's overall convenience and accessibility. Trane high efficiency economical heating system. Whether the objective is to acquire a turnkey investment with current rental income or pursue opportunities to enhance future performance, this 12-unit apartment building presents a compelling investment opportunity in a growing rental market.
Show more

Highlights

Listed by Cimena Cummings , 708-980-5510 and De Janette Cummings , (708) 704-3304 Infiniti Properties, Inc. , 708-206-3000. Midwest Real Estate Data mls logo

Property Type

Multi-Family

Year Built

1960

County

Cook

Area

Calumet City

Listing ID

12605135

Questions about this listing?

Contact Agent

Interior Features

Air Cond:Wall Sleeve
Fireplaces:
Basement:Unfinished,Egress Window,8 ft + pour,Partial Exposure
Water:Municipal Water

Exterior Features

Lot Dimensions:50 x 125
Zoning:MULTI
Sewer:Public Sewer
Parking Features:1-5 Spaces,Common Parking,Lighted,Open,Paved,Parking On-Site,Parking-Street
Principal Interest
$4,912
Taxes
$2,417

Home Price

$899,996

Loan Details

30 yrs
7.25%

Down Payment

20%
$179,999
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$4,911.65

Principal

Taxes

Principal Taxes HOA Total
Monthly $4,911.65 $2,416.67 $0.00 $7,328.31
Yearly $58,939.77 $29,000.00 $0.00 $87,939.77
Total $1,768,193.06 $870,000.00 $0.00 $2,638,193.06
Lender profile image
Master Chief
Lender
Email
Call
Visit
GET PRE-QUALIFIED

Never Miss a Property

Be the first to know when a property hits the market.

Current Listings

Last 30 Days
N/A
Oct 2026

Average Price

All Price Ranges
N/A
Oct 2026

Average Days on Market

All Price Ranges
N/A
Oct 2026
Market insight data is pulled from the same city as the listing being viewed (Calumet City, IL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information submitted to the MRED as of the date listed below. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers' personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end user license agreement prescribed by the Member Participant's applicable MLS if any and as amended from time to time.

Based on information submitted to the MLS GRID as of the date listed below. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers' personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant's applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability. Some listings have been excluded from this website.

IDX service by Blueroof 360

Data last updated: 2026-10-27T14:56:06.000Z

© 2026 Midwest Real Estate Data

MLS Logo - Midwest Real Estate Data