437 Prairie Avenue Calumet City, IL ^$ 750,000

437 Prairie Avenue

^$ 750,000

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437 Prairie Avenue

Calumet City, IL, 60409

^$ 750,000

Bedrooms3 Baths0.0

Monthly Estimate*

^$ 4,618

437 Prairie Avenue, Calumet City, IL 60409 - Image 1

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437 Prairie Avenue, Calumet City, IL 60409 - Image 8

437 Prairie Avenue, Calumet City, IL 60409 - Image 9

437 Prairie Avenue, Calumet City, IL 60409 - Image 10

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Multi-Family Home for sale in Calumet City, IL

for $750,000 with 3 bedrooms. This home was built in 1971 on a lot size of 0.22.

Strong Cap Rate - This is a Beautiful 9 Unit Building in a great area of Calumet City. This an an electric building, tenants are responsible for their heat and in-unit electric. The Landlord pays for water, common electric & garbage. Each unit has a balcony or concrete patio. This building has been very well maintained with little to no capital expenses needed.

Multi-Family Active

Price

^$ 750,000

Bedrooms

Property Type

Multi-Family

Taxes

^$ 28,371

Style

Lot Size

0.22

Year Built

1971

Town/City

Calumet City

County/Region

Cook

MLS | Web ID

12583062

Features

General

Year Built 1971

Stories Count 3

Township Thornton

Tax Year 2024

Gross Income 120324

County Cook

Net Operating Income 76475

Operating Expense 46348

Insurance Expense 6462

Property Type Commercial Sale Multi Family 5+

MaintenanceExpense 4500

Status New

Directions East on Sibley make a left on prairie ave property is on the right

City Calumet City

Number Of Units Total 9

MLS Area Calumet City

Tax Annual Amount 28371

Electric Expense 1001

Fuel Expense 0

Trash Expense 2394

Water Sewer Expense 1870

Additional Parcels Y/N Y

Standard Status Active

Cap Rate 10

Exterior

Lot Dimensions 125X80

Lot Size Acres 0.22

* Excluded Features

List By

Horvath & Tremblay Il, Llc

Broker

aspangler@htapartments.com

Affordability Calculator

$6,982

Per Month

Monthly Principal & Interest: $4,618
Monthly Property Taxes: $2,364
Monthly Home Insurance: --

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Yearly 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

Trends
Schools

Multi-family listings in Calumet City, IL

Average List Price ^$354,479

Percent of Sale Price 53%

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.

565567 Elementary School

567955 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/4/2026	$750,000		Listed Price

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437 Prairie Avenue, Calumet City, IL, 60409 is a Multi-Family Home for sale at $750,000 with a lot size of 0.22. 437 Prairie Avenue has 3 bedrooms, 0.0 baths, and was built in 1971. 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 6.25% 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.

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 3/5/2026.

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437 Prairie Avenue

Multi-Family Home for sale in Calumet City, IL

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