322 Luella Avenue Calumet City, IL $ 275,000
322 Luella Avenue
$ 275,000
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322 Luella Avenue

Calumet City, IL, 60409
$ 275,000
Bedrooms5 Baths2.0

Monthly Estimate*

$ 1,899

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Multi-Family Home for sale in Calumet City, IL

for $275,000 with 5 bedrooms and 2 full baths.

Lovely Two-Unit Building in Calumet City! Great opportunity for both investors and owner-occupants. This solid, well-maintained two-unit building features a nicely updated first-floor unit with 2 bedrooms and 1 bathroom, and a second-floor apartment offering 3 bedrooms and 1 bathroom. Each unit has its own individual heating system, providing added convenience and control. The building also features a brand-new hot water heater. Nestled in a strong rental market, this property is an excellent opportunity for investors looking to generate rental income or owner-occupants who want to live in one unit while renting out the other. Enjoy a convenient location with easy access to I-94 Expressway, Indiana State Line, Shopping, Restaurants, and Public Transportation (Metra & Pace). With its desirable location, flexible living arrangements, and solid construction, this two-unit property offers excellent potential for homeowners and investors alike.

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Multi-Family Active

Price

$ 275,000

Bedrooms

5

Full Bath

2

Property Type

Multi-Family

Taxes

$ 9,486

Style

Town/City

Calumet City

County/Region

Cook

MLS | Web ID

12793128

Features
General
Sewer Public Sewer
Heating Gas
Possession Closing
Garage Spaces 2
Construction Materials Brick
Township Thornton
Tax Year 2025
Ownership Fee Simple
County Cook
New Construction N
Property Type Residential Income Two to Four Units
Total Rooms 9
Status New
Directions Take I-94 Bishop Ford to 130th St east. Take 130th St to Torrence Ave. Turn right on Torrence and take to State St. Turn right on State St and then turn left on Crandon. Proceed and turn right on Sta
City Calumet City
High School District 205
MLS Area Calumet City
Tax Annual Amount 9486.14
Additional Parcels Y/N N
Standard Status Active
Middle/Junior School District 149
Elementary School District 149
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Interior
Basement Unfinished Partial
Total Bedrooms 5
Total Baths 2
Bedrooms Possible 5
Full Baths Building 2
Half Baths Building 0
Total Number of Units 2
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Exterior
Parking Features Yes Garage Owned Detached Garage
Water Source Lake Michigan Public
Total Parking 2
Lot Dimensions 5000
Waterfront Y/N N
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* Excluded Features
List By
Coldwell Banker Realty

Broker

aquatoneicep@gmail.com

Email

Affordability Calculator

$2,690
Per Month
71%
29%
0%
Monthly Principal & Interest
$1,899
Monthly Property Taxes
$791
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
566481 Elementary School
565127 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/26/2026$275,000 Listed Price

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322 Luella Avenue, Calumet City, IL, 60409 is a Multi-Family Home for sale at $275,000. 322 Luella Avenue has 5 bedrooms and 2.0 baths. The property's zip code is 60409 which is in Calumet City, IL