1600 Memorial Drive, Calumet City, IL 60409

Calumet City
Local realty services provided by:Better Homes and Gardens Real Estate Connections
1600 Memorial Drive,Calumet City, IL 60409
$299,000
  • 7 Beds
  • 6 Baths
  • - sq. ft.
  • Multi-family
  • Pending
Listed by: frank montro
Office: keller williams preferred rlty
MLS#:12566376
Source:MLSNI

Price summary

  • Price:$299,000

About this home

Solid brick multi-family investment opportunity featuring 7 bedrooms and 6 bathrooms with a 3-car garage. Strong income-producing property with excellent upside potential. One studio is on a long-term lease through May 1st. All other tenants are month-to-month, providing flexibility for a new owner. Tenants are open to discussing rent increases to remain post-sale, offering immediate value-add potential. Property features include balconies on both the 1st and 2nd floors, boiler heating system, on-site laundry room, and a 3-car garage. Great opportunity for investors or owner-occupants seeking rental income.

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Home facts

  • Year built:1974
  • Listing ID #:12566376
  • Updated:June 27, 2026 at 08:37 AM

Rooms and interior

  • Bedrooms:7
  • Total bathrooms:6
  • Full bathrooms:6
  • Rooms Total:16
  • Basement Description:Finished, Full

Heating and cooling

  • Heating:Steam

Structure and exterior

  • Year built:1974

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$299,000
  • Tax amount:$15,238 (2024)

Parking

  • Total parking spaces:3
  • Parking description:Detached Garage, Garage
  • Garage:Yes
  • Garage spaces:3
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