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302 306 River Oaks Drive

Calumet City, IL 60409

8 beds
4 baths
– sqft
~2 acre lot
1946 build
– on site

Fantastic investment opportunity! Three houses, plus a coach house & additional detached garage, on a massive lot has the potential to generate great cash flow! Property is large enough to be sold off in portions or to build more homes on site to increase income. Currently with potential for six or more rental units altogether! Two larger homes on the front of the property feature potential for four rental units & each has attached garages. One smaller cottage in the middle of the lot is currently an individual rental unit. Additional buildings include a coach house & a detached garage. Ample parking lots provide room for up to 15 cars to park. Sold "As Is." Value in the size & expansion opportunity that this property provides. Buyer is responsible for independently confirming all information regarding property. Property dual-zoned for residential & business.

Listing courtesy of MRED / @properties Christie's International Real Estate as distributed by MLS GRID

Last checked: Checking… • Last updated Jan 12, 2025 •

MLS# 11663186 —

The Building

Year Built:

1946
Rebuilt:

No
New Construction:

false
Basement:

Partial

Interior

Rooms Total:

5

Location

Directions:

From 94, E on River Oaks Drive, Property is on N side of River Oaks Drive, between Burnham Ave & Wentworth Ave.
Location:

26537

The Property

Parcel Number:

30201020140000
Property Type:

Residential Income
Lot Size Dimensions:

195X330X182X355
Lot Size Acres:

1.52
Lot Size Source:

Survey
Zoning:

MULTI
Waterfront:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2021
Tax Annual Amount:

20468.44

Beds

Bedrooms Total:

8
Bedrooms Possible:

8

Baths

Baths:

4
Full Baths:

4

The Listing

Special Listing Conditions:

None

Heating & Cooling

Heating:

Natural Gas

Utilities

Sewer:

Public Sewer
Water Source:

Public

Schools

Elementary School District:

157
Middle Or Junior School District:

157
High School District:

215

Parking

Parking Total:

21
Parking Features:

Unassigned
Parking Onsite:

Yes
Parking Ownership:

Owned
Garage Type:

Attached,Detached
Garage Spaces:

6
Garage Onsite:

Yes
Garage Ownership:

Owned

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Sale history

Date	Event	Source	Price
8/12/24 Aug 12, 2024	Listed / Active	MRED	$300,000
6/28/24 Jun 28, 2024	Sold Subject To Contingencies	MRED	$300,000
6/10/24 Jun 10, 2024	Listed / Active	MRED	$300,000

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This multifamily located in Calumet City, IL 60409 is currently for sale for $300,000. 302 306 River Oaks Drive is a – square foot multifamily with 8 beds and 4 baths that has been on Estately for 825 days. This multifamily is in the attendance area of Thornton Fractional North High School, Hoover Elementary School, and Schrum Memorial School.

Listing courtesy of MRED, @properties Christie's International Real Estate, and Jason Hinsley as distributed by MLS GRID.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Signal Real Estate are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is 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.
© 2025 Midwest Real Estate Data LLC
Information deemed reliable but not guaranteed by MLS GRID. Use of 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.

Based on information submitted to MLS GRID as of Jan 12, 2025, 10:20 pm. 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.