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.
Property Details
Price:
$299,000
MLS #:
MRD12566376
Status:
Pending
Beds:
7
Baths:
6
Type:
Multi Family
Neighborhood:
calumetcity
Listed Date:
Feb 12, 2026
Year Built:
1974
See this Listing
Schools
School District:
205
Interior
Heating
Steam
Exterior
Construction Materials
Brick
Garage Spaces
3
Parking Features
Garage Door Opener, Yes, Garage Owned, Detached, Garage
Parking Spots
3
Parking Total
3
Financial
Tax Year
2024
Taxes
$15,238
Map
Community
- Address1600 MEMORIAL Drive Calumet City IL
- CityCalumet City
- CountyCook
- Zip Code60409
Market Summary
Current real estate data for Multi Family in Calumet City as of Jun 10, 2026
30
Multi Family Listed
106
Avg DOM
$231,375
Avg List Price
Property Summary
- 1600 MEMORIAL Drive Calumet City IL is a Multi Family for sale in Calumet City, IL, 60409. It is listed for $299,000
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Copyright 2026. All rights reserved.
1600 MEMORIAL Drive
Calumet City, IL


