502 154th Place Calumet City, IL $ 285,000
502 154th Place
$ 285,000
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502 154th Place

Calumet City, IL, 60409
$ 285,000
Bedrooms4 Baths4.0

Monthly Estimate*

$ 1,778

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Multi-Family Home for sale in Calumet City, IL

for $285,000 with 4 bedrooms and 4 full baths. This home was built in 1971.

Welcome to this solid brick 4-unit in Calumet City, a true turnkey investment with reliable income from day one. Each unit offers 1 bedroom and 1 bathroom. The building has been well maintained and updated, featuring a fully rehabbed bathroom in Unit #4, fresh paint throughout all units, and new appliances including a stove and fridge in Unit #1 and a new stove in Unit #3. Tenants are responsible for their own utilities, while the owner covers water and refuse, making this a low-maintenance and income-producing property. With long-term tenants already in place and strong rental demand in the area, this 4-unit is a prime opportunity for any investor seeking stability and growth

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Multi-Family Active

Price

$ 285,000

Bedrooms

4

Full Bath

4

Property Type

Multi-Family

Taxes

$ 10,629

Style

Year Built

1971

Town/City

Calumet City

County/Region

Cook

MLS | Web ID

12449639

Features
General
Sewer Public Sewer
Heating Natural Gas
Possession Closing
Construction Materials Brick
Year Built 1971
Township Thornton
Tax Year 2023
Ownership Fee Simple
Gross Income 3000
Additional Parcels Description 30171000470000
County Cook
New Construction N
Property Type Residential Income Two to Four Units
Total Rooms 12
Status Active
Directions Burnham to 154th St; E. to Price; S. to 154th Place; To the address
City Calumet City
High School District 215
MLS Area Calumet City
Elementary School Lincoln Elementary School
Tax Annual Amount 10629.05
Middle/Junior High School Lincoln Elementary School
Additional Parcels Y/N Y
Standard Status Active
Middle/Junior School District 156
Elementary School District 156
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Interior
Basement None
Total Bedrooms 4
Total Baths 4
Bedrooms Possible 4
Full Baths Building 4
Half Baths Building 0
Total Number of Units 4
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Exterior
Parking Features Unassigned Yes
Water Source Lake Michigan
Total Parking 4
Lot Dimensions 48 x 120
Waterfront Y/N N
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* Excluded Features
List By
Keller Williams Preferred Realty

Broker

charleamurray@gmail.com

Email

Affordability Calculator

$2,664
Per Month
67%
33%
0%
Monthly Principal & Interest
$1,778
Monthly Property Taxes
$886
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
2209767 Elementary School
2209767 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/21/2025$285,000 -3.39% Price Down
8/27/2025$295,000 Listed Price

Map


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502 154th Place, Calumet City, IL, 60409 is a Multi-Family Home for sale at $285,000. 502 154th Place has 4 bedrooms, 4.0 baths, and was built in 1971. The property's zip code is 60409 which is in Calumet City, IL