1654 Downs Drive Calumet City, IL ^$ 349,900

1654 Downs Drive

^$ 349,900

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1654 Downs Drive

Calumet City, IL, 60409

^$ 349,900

Bedrooms8 Baths5.0

Monthly Estimate*

^$ 2,183

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Multi-Family Home for sale in Calumet City, IL

for $349,900 with 8 bedrooms and 5 full baths. This home was built in 1974.

Great Opportunity in Calumet City! This solid 4-unit brick building offers exactly what you've been looking for. Built just a little over 50 years ago, it has great bones and endless potential for your personal touch. The property features two spacious 3-bedroom apartments-perfect for an owner-occupant or large family-and two generous 1-bedroom units that produce strong rental income. Though dated, the building is well-maintained and ideal for those looking to make cosmetic updates with a renovation loan or over time. Balconies were recently reinforced, motion-detection lighting surrounds the exterior, and there's plenty of off-street parking in the rear. Conveniently located just minutes from grocery stores and the expressway, this property offers comfort, accessibility, and opportunity all in one. Sold As-Is.

Multi-Family Active

Price

^$ 349,900

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 13,344

Style

Year Built

1974

Town/City

Calumet City

County/Region

Cook

MLS | Web ID

12509233

Features

General

Sewer Public Sewer

Heating Natural Gas

Possession Closing

Construction Materials Brick

Year Built 1974

Township Thornton

Tax Year 2023

Ownership Fee Simple

County Cook

New Construction N

Property Type Residential Income Two to Four Units

Total Rooms 17

Status Active

Directions Exit 94 @ Dolton E To Luella N to Downs

City Calumet City

High School District 155

MLS Area Calumet City

Tax Annual Amount 13344

Standard Status Active

Middle/Junior School District 155

Elementary School District 155

Interior

Basement None

Total Bedrooms 8

Total Baths 5

Bedrooms Possible 8

Full Baths Building 5

Half Baths Building 0

Total Number of Units 4

Exterior

Parking Features Yes

Water Source Public

Total Parking 4

Lot Dimensions 5000

Waterfront Y/N N

* Excluded Features

List By

1St Union Realty Group

Broker

1stUnionRealty@gmail.com

Affordability Calculator

$3,295

Per Month

Monthly Principal & Interest: $2,183
Monthly Property Taxes: $1,112
Monthly Home Insurance: --

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Loan Term

Interest Rate

Yearly Property Taxes

Yearly 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

Trends
Schools

Multi-family listings in Calumet City, IL

Average List Price ^$271,897

Percent of Sale Price 22%

About Calumet City, IL

36,115 Population

-8% Since 2002

^$40,841 Median Income

36.23 Median Age

31% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

567765 Elementary School

564596 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
11/2/2025	$349,900		Listed Price

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1654 Downs Drive, Calumet City, IL, 60409 is a Multi-Family Home for sale at $349,900. 1654 Downs Drive has 8 bedrooms, 5.0 baths, and was built in 1974. The property's zip code is 60409 which is in Calumet City, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

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 Weichert Realtors 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.

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Data is updated as of 12/20/2025.

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1654 Downs Drive

Multi-Family Home for sale in Calumet City, IL

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