1600 MEMORIAL Drive, Calumet City, IL
  • $299,000
  • $309,000

Description

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.

  • Listing Courtesy of: Keller Williams Preferred Rlty

Details

Updated on June 20, 2026 at 2:53 am
  • Property ID MRD12566376
  • Price $299,000
  • Bedrooms 7
  • Garages 3
  • Year Built 1974
  • Property Type Multi Family
  • Property Status Pending
  • Parking Total 3
  • Parcel Number 29124110380000
  • Water Source Public
  • Sewer Public Sewer
  • MLS Status Pending
  • Days On Market 128
  • Cumulative Days On Market 49
  • Tax Annual Amount 15237.63
  • Heating Steam
  • Parking Features Garage Door Opener,Yes,Garage Owned,Detached,Garage
  • Directions SIBLEY TO MEMORIAL S TO ADD
  • Zoning MULTI
  • Address 1600 MEMORIAL Drive
  • City Calumet City
  • State/county IL
  • Zip/Postal Code 60409
  • Country United States

Overview

Property ID: MRD12566376
  • Multi Family
  • Property Type
  • 7
  • Bedrooms
  • 3
  • Garages
  • 1974
  • Year Built

Mortgage Calculator

Monthly
  • Down Payment
  • Loan Amount
  • Monthly Mortgage Payment
  • Property Tax
  • Home Insurance
  • PMI
  • Monthly HOA Fees
$
%
%
%
$
$
%