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144 157th Street Calumet City, IL $ 800,000
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$ 800,000 Get more info
144 157th Street
$ 800,000
Back to search
Share Save

144 157th Street

Calumet City, IL, 60409
$ 800,000
Bedrooms1 Baths0.0

Monthly Estimate*

$ 4,991

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Multi-Family Home for sale in Calumet City, IL

for $800,000 with 1 bedroom. This home was built in 1924.

Investment opportunity: 12-Unit multifamily building An exceptional investment opportunity, well-maintained property, situated in a high-demanded area of Illinois / Indiana border. This solid brick building features a newer furnace, new hot water tanks, units freely painted, 6 one bed room units, 6 studio units, & the potential for a unit below level. This opportunity offers stable rental income & strong tenant appeal. Each unit is spacious, hardwood floors, separate gas & electric meters. Strong rental history with long term tenants, minutes away from major highways, transportation, shopping & near Indiana border. Perfect for both seasoned investors & newcomers looking to expand their portfolio with a turkey asset. Do not miss this opportunity to own a cash-flowing property with upside potential. Contact us today to schedule a private tour *Agent interest

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Multi-Family Active

Price

$ 800,000

Bedrooms

1

Property Type

Multi-Family

Taxes

$ 28,681

Style

Year Built

1924

Town/City

Calumet City

County/Region

Cook

MLS | Web ID

12415177
Features
Interior
Basement Partially Finished Exterior Entry Concrete Storage Space
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General
Year Built 1924
Stories Count 3
Township Thornton
Tax Year 2023
Gross Income 7149
County Cook
Net Operating Income 132000
Operating Expense 3851
Insurance Expense 300
Property Type Commercial Sale Multi Family 5+
MaintenanceExpense 0
Status Active
Directions - Head south on I-94 E - Keep left to continue on I-94 E/Bishop Ford Fwy follow signs for Indiana - Take exit 70B for Dolton Ave E - Merge onto Dolton Ave - Continue onto State St - Turn right o
City Calumet City
Number Of Units Total 12
MLS Area Calumet City
Tax Annual Amount 28681.54
Electric Expense 35
Fuel Expense 350
Trash Expense 168
Water Sewer Expense 400
Additional Parcels Y/N N
Standard Status Active
Cap Rate 10.9
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Exterior
Lot Dimensions 6100 SQ FT
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* Excluded Features
List By
Open Path Realty

Broker

mperea085@gmail.com

Email

Affordability Calculator

$7,381
Per Month
68%
32%
0%
Monthly Principal & Interest
$4,991
Monthly Property Taxes
$2,390
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
8/25/2025$800,000 -0.62% Price Down
7/10/2025$805,000 Listed Price

Map

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144 157th Street, Calumet City, IL, 60409 is a Multi-Family Home for sale at $800,000. 144 157th Street has 1 bedrooms, 0.0 baths, and was built in 1924. The property's zip code is 60409 which is in Calumet City, IL

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