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1600 MEMORIAL Drive Calumet City, IL $ 309,000
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$ 309,000 Get more info
1600 MEMORIAL Drive
$ 309,000
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1600 MEMORIAL Drive

Calumet City, IL, 60409
$ 309,000
Bedrooms7 Baths6.0

Monthly Estimate*

$ 1,903

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Multi-Family Home for sale in Calumet City, IL

for $309,000 with 7 bedrooms and 6 full baths. This home was built in 1974.

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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Multi-Family Active

Price

$ 309,000

Bedrooms

7

Full Bath

6

Property Type

Multi-Family

Taxes

$ 15,237

Style

Year Built

1974

Town/City

Calumet City

County/Region

Cook

MLS | Web ID

12566376
Features
General
Sewer Public Sewer
Heating Steam
Possession Closing
Zoning MULTI
Garage Spaces 3
Construction Materials Brick
Year Built 1974
Township Thornton
Tax Year 2024
Ownership Fee Simple
County Cook
New Construction N
Property Type Residential Income Two to Four Units
Total Rooms 16
Status Active
Directions SIBLEY TO MEMORIAL S TO ADD
City Calumet City
High School District 205
MLS Area Calumet City
Tax Annual Amount 15237.63
Standard Status Active
Middle/Junior School District 149
Elementary School District 149
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Interior
Basement Finished Full Daylight
Total Bedrooms 7
Room Type Utility Room-Lower Level
Total Baths 6
Bedrooms Possible 7
Full Baths Building 6
Half Baths Building 0
Total Number of Units 4
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Exterior
Parking Features Garage Door Opener Yes Garage Owned Detached Garage
Water Source Public
Total Parking 3
Lot Dimensions 54x123
Waterfront Y/N N
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* Excluded Features
List By
Keller Williams Preferred Rlty

Broker

offers@frankmontrohomes.com;offers@frankmontrohomes.com

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Affordability Calculator

$3,172
Per Month
60%
40%
0%
Monthly Principal & Interest
$1,903
Monthly Property Taxes
$1,270
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
566481 Elementary School
565127 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
2/12/2026$309,000 Listed Price

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1600 MEMORIAL Drive, Calumet City, IL, 60409 is a Multi-Family Home for sale at $309,000. 1600 MEMORIAL Drive has 7 bedrooms, 6.0 baths, and was built in 1974. The property's zip code is 60409 which is in Calumet City, IL

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