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Brick Duplex Property
For Sale
$120,080
Pending

387 Madison Avenue, Calumet City, IL 60409

Residential Income, Calumet City, IL

Property Size2,878 SF
Lot Size0.11 Acres
Days on Market103

Property Features for 387 Madison Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 6
Bathrooms 4
Full bathrooms 2
Half bathrooms 2
Rooms Bedroom 3, Bedroom 4, Bathroom 1, Basement, Bathroom 2, Bedroom 1, Bedroom 5, Bedroom 6, Bathroom 4, Bathroom 3, Bedroom 2
Parking 2
Parking features Garage
Basement Unfinished, Full
Elementary school district 149
Middle school district 149
High school district 205
Directions East on Sibley, North on Prairie, East on Stewart, South on Madison.
Subdivision Calumet City
Special listing conditions In Foreclosure
Standard status Pending
APN 29121190050000
Lot size 0.11 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 14986

Utilities

Sewer type Public Sewer
Heating system Natural Gas

Building Details

Year built 1972
Building materials Brick
Listing Agency: Parkvue Realty Corporation
Listed By: Anthony Disano · License #471010606
Added: May 19 Changed: Aug 20 Last Checked: Aug 29 at 3:06AM
MLS# 12651872

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.

Investment Insights

Based on property information with market context.

This brick duplex property was built in 1972 and offers a two-flat layout with six bedrooms and approximately 2878 square feet of living space. The improvements include a garage, natural gas heating, and public sewer service, with the residence situated on a 0.11-acre lot.

The property is being offered through an Xome Auction and is sold as-is. The purchase requires cash and carries no inspection or financing contingencies. The property is not offered for rent.

Key Highlights

  • Two‑flat property with 6 bedrooms
  • Approximately 2878 square feet of living space
  • 0.11‑acre lot

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Electrical Service Building Supply Kitchen & Bath Showroom Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

492
Businesses Nearby

Demographics for 60409, IL

36,045
Population
16,868
Households
2.1
Avg Household Size
39
Median Age
20%
College-Educated
88%
High-School Grad
7.7 sq mi
ZIP Area
4,681
Density / Sq Mi
$53,991
Median Household Income
$37,389
Median Earnings
$1,138
Median Rent
$133,600
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two-flat configuration with brick construction, garage parking, and public sewer service.
Where is this duplex located?
The property is located at 387 Madison Avenue Calumet City, IL.
What is the asking price?
The asking price for this property is $120,080.
What are key features of this property?
This property features: Two‑flat property with 6 bedrooms; Approximately 2878 square feet of living space; 0.11‑acre lot
More about this property
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