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1600 MEMORIAL Drive Calumet City, IL 60409

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For Sale
$299,000

MULTI_FAMILY - Calumet City, IL

Added:
Feb 12, 2026
Days on Market:
48
Last Refresh:
Apr 1 at 10:06 am

Property Features for 1600 MEMORIAL Drive

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
MULTI
Bedrooms
7
Bathrooms
6
Rooms
Bathroom 1, Bedroom 4, Bathroom 6, Bathroom 5, Basement, Bedroom 5, Bathroom 3, Laundry Room, Bedroom 6, Bedroom 2, Bedroom 7, Bathroom 2, Utility Room, Bathroom 4, Bedroom 1, Bedroom 3
Parking
3
Parking features
Open, Garage
Basement
Full, Daylight, Finished
Standard status
Active
APN
29124110380000

Taxes and HOA fees

TaxYear
2024
TaxAnnualAmount
15238

Utilities

Sewer type
Public Sewer
Heating system
Steam
Water source
Public

Building Details

Year built
1974
Building materials
Brick

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Listing Contact
Frank Montro
Frank Montro

Listing agent Frank Montro License #475128449

Listing office Keller Williams Preferred Rlty 16101 108th Avenue, Orland Park, IL

Listing date Feb 12, 2026

MLS# 12566376

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Overview

Calumet City Multifamily Investment Property

This solid brick multi-family property in Calumet City, Illinois, presents an investment opportunity. The property includes 7 bedrooms and 6 bathrooms, along with a 3-car garage. It is currently an income-producing property with potential for increased returns. One studio is under a long-term lease expiring on May 1st. The remaining tenants operate on a month-to-month basis, offering flexibility for a new owner. These tenants are open to discussing rent increases, which could provide immediate value after the sale. The property features balconies on both the first and second floors, a boiler heating system, and an on-site laundry room.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Multifamily properties

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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  • Local Demand
City
Calumet City
County
Cook
State
Illinois
Longitude
-87.564124
Latitude
41.619426

FAQs

What type of property is this?
Multifamily property - Solid brick multifamily property with income potential in Calumet City.
Where is this multifamily property located?
The property is located at 1600 MEMORIAL Drive Calumet City, IL.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: Strong income‑producing multi‑family property with excellent upside potential.; 7 bedrooms and 6 bathrooms offer significant rental capacity.; 3‑car garage provides valuable parking and storage.
More about this property
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