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    502 154Th Pl Calumet City, IL 60409

    For Sale
    $285,000

    Residential Income - Calumet City, IL

    Days on Market:
    23
    Last Refresh:
    Dec 13 at 7:06 am

    Property Features for 502 154Th Pl

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4
    Bedrooms
    4
    APN
    30171000460000
    Parking
    4

    Utilities

    Heating system
    Natural Gas

    Building Details

    Year built
    1971
    Architectural style
    Other

    Keller Williams Preferred Realty (708) 798-1111 [email protected]

    Listing agent Charlea Murray (708) 798-1111 License #475197957

    Listing date Nov 21, 2025

    MLS# 12449639 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

    Calumet City Income Property

    This solid brick four-unit building in Calumet City is a turnkey investment opportunity. Each unit features one bedroom and one bathroom. The building has been well maintained and updated. Unit #4 has a fully renovated bathroom, and all units have fresh paint. New appliances include a stove and refrigerator in Unit #1 and a new stove in Unit #3. Tenants are responsible for their own utilities. The owner is responsible for water and refuse. Long-term tenants are in place, and there is strong rental demand in the area.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Quadplexes

    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
    -87.5373439
    Latitude
    41.6148373

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    FAQs

    What type of property is this?
    Quadplex - Four-unit residential income property in Calumet City, Illinois.
    Where is this quadplex located?
    The property is located at 502 154Th Pl Calumet City, IL.
    What is the asking price?
    The asking price for this property is $285,000.
    What are key features of this property?
    This property features: - Turnkey investment property with immediate income.; - Four units, each with 1 bedroom and 1 bathroom.; - Well-maintained and updated building.
    (708) 798-1111
    Request Owner's contact information
    502 154Th Pl Calumet City, IL 60409
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    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
    502 154Th Pl Calumet City, IL 60409
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