Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    511 Burnham Ave Calumet City, IL 60409

    For Sale
    $189,000

    Mixed Use - Calumet City, IL

    Type:Mixed Use
    Days on Market:
    160
    Last Refresh:
    Dec 14 at 1:06 pm

    Property Features for 511 Burnham Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Mixed Use
    Standard status
    Active
    Zoning
    COMMR
    APN
    30083000140000

    Utilities

    Cooling system
    Central Air

    Building Details

    Year built
    1957
    Number of units
    3
    Architectural style
    Other

    Kale Realty (312) 939-5253 [email protected]

    Listing agent Cesar Gonzalez (312) 939-5253 License #475151200

    Listing date Jul 8, 2025

    MLS# 12413753 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

    Mixed-Use Building with Apartment

    This mixed-use property offers a business opportunity with a storefront and a 3-bedroom apartment. The storefront, previously used as a cake and pastry store, features a large store front with additional space in the back suitable for storage. The back portion of the building can be utilized as a small hall for parties or additional storage for the front store. The property includes a 3-bedroom apartment upstairs, potentially allowing the owner to monitor their business. Located on Calumet City's busiest street, the property benefits from a high volume of traffic.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Storefront properties

    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
    -87.5393512
    Latitude
    41.6215362

    Nearby Similar for Sale

    • $180,000

      Mixed-Use Property in Calumet City

      Unique property with business and residential potential on spacious lots.
      591 Burnham Ave, Calumet City, IL 60409
      View Details
    • $144,000

      All-Brick 3-Unit Building Opportunity

      All-brick 3-unit building with 3-car garage in Calumet City.
      321 Memorial Dr, Calumet City, IL 60409
      View Details
    • $285,000

      Calumet City Income Property

      Four-unit residential income property in Calumet City, Illinois.
      502 154Th Pl, Calumet City, IL 60409
      View Details
    • $194,500
      1,800 SF

      Renovated Mixed-Use Property For Sale

      Fully renovated mixed-use property with commercial space and rental income.
      1475 Sibley Blvd, Calumet City, IL 60409
      View Details
    • $234,900

      Calumet City Two-Unit Building

      Two-unit building with updated finishes, basement, and garage.
      1677 Patricia Pl, Calumet City, IL 60409
      View Details
    • $344,999

      Calumet City Townhouse Investment Package

      Four townhouses in Calumet City, generating cash flow.
      1420-1424 Wentworth Ave, Calumet City, IL 60409
      View Details

    FAQs

    What type of property is this?
    Mixed-use property - Storefront with storage, hall, and a 3-bedroom apartment.
    Where is this mixed-use property located?
    The property is located at 511 Burnham Ave Calumet City, IL.
    What is the asking price?
    The asking price for this property is $189,000.
    What are key features of this property?
    This property features: - High-traffic location on Calumet City's busiest street.; - Large storefront with additional storage space.; - Includes a 3-bedroom apartment for owner occupancy.
    (312) 939-5253
    Request Owner's contact information
    511 Burnham Ave Calumet City, IL 60409
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    511 Burnham Ave
    Calumet City, IL 60409
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    511 Burnham Ave Calumet City, IL 60409
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.