893 Greenbay Avenue

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Address: 893 Greenbay Ave, Calumet City, IL 60409, USA
Chicago & Midwest + Apartment Buildings
Created date: July 29, 2026
Date last updated: September 17, 2026
Price: $260,000Investment Analyzer NEW!

Property Description

Approved Short Sale with fast closing!!! Live in one unit and let rent the other out in this beautifully renovated asset to your portfolio. This stunning duplex in Calumet City has been completely remodeled from top to bottom, including all new plumbing and electrical, offering peace of mind and long-term value. Each unit features 2 bedrooms and 1 bathroom with impressive 10-foot ceilings, creating a bright, open, and modern feel throughout. The kitchens are thoughtfully designed with 42-inch blue cabinetry, quartz countertops, elegant tile backsplashes, striking gold hardware, and a peninsula with seating for two-perfect for both everyday living and entertaining. The primary bedrooms are generously sized, comfortably accommodating a king-size bed set with room to spare-even space for a full couch. Additional highlights include an alarm system with camera access for added security. The enclosed, finished rear porch provides flexible extra space, while the upper unit offers private laundry hookups and central air. The first-floor unit includes access to a full basement, presenting excellent potential to duplex down or finish for additional living space. Outdoor amenities include a large deck, private yard, and garage access, rounding out the functionality and appeal of the property. The building is currently fully rented, with leases expiring soon. Tenants have expressed interest in staying, offering immediate income potential, though all occupancy is negotiable, making this an excellent opportunity for both owner-occupants and investors. A rare combination of modern finishes, flexible layout, and income potential this is one you don't want to miss.

Key Property Information

Listing Status: Under Contract
Listing Type: Call for offers
Property Types: Apartment Buildings
Price: $260,000
Year Built: 1926
Opportunity Zone: No
Property Website Click Here
Number of Bedrooms: 4
Number of Bathrooms: 2
Address: 893 Greenbay Avenue, Calumet City, IL 60409, USA
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Step 1Financing Calculation

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Step 2Gross Rent Analysis

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Step 3Cap Rate Calculation

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Step 4Final Deal Analysis

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