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    1758 Memorial Dr Calumet City, IL 60409

    Under Contract
    For Sale
    $225,000

    Commercial Sale - Calumet City, IL

    Days on Market:
    18
    Last Refresh:
    Dec 14 at 11:06 am

    Property Features for 1758 Memorial Dr

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active Under Contract
    APN
    29124080530000

    Building Details

    Year built
    1979
    Number of units
    6
    Architectural style
    Other

    ParkVue Realty Corporation (312) 788-4040 [email protected]

    Listing agent Anthony Disano (312) 788-4040 License #471010606

    Listing date Nov 27, 2025

    MLS# 12446666 Listing URL

    Copyright © 2025 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

    Income-Generating 6-Unit Multifamily Property

    This income-generating multifamily property features six units. Five units contain two bedrooms and one bathroom, while one unit offers one bedroom and one bathroom. Located in a growing area, the property presents opportunities for value-add improvements. The property is sold As Is. The seller will not provide a survey. Buyers are responsible for verifying all zoning regulations and complying with any municipal requirements.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Calumet City
    County
    Cook
    State
    Illinois
    Longitude
    -87.567934
    Latitude
    41.6193565

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    FAQs

    What type of property is this?
    Apartment building - Six-unit multifamily property in Calumet City, Illinois, with strong rental potential.
    Where is this apartment building located?
    The property is located at 1758 Memorial Dr Calumet City, IL.
    What is the asking price?
    The asking price for this property is $225,000.
    What are key features of this property?
    This property features: - Income-generating 6-unit property.; - Five units are 2 bed/1 bath.; - One unit is 1 bed/1 bath.
    (312) 788-4040
    Request Owner's contact information
    1758 Memorial Dr Calumet City, IL 60409
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1758 Memorial Dr Calumet City, IL 60409
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