22-Unit Apartment
New
For Sale
$1,800,000
102-108 Memorial Drive, Calumet City, IL 60409
Most residences feature refreshed interiors with updated finishes, appliances, kitchens, and bathrooms.
Property Size17,197 SF
Days on Market3
Property Features for 102-108 Memorial Drive
General Information
Standard status
Active
Size
17,197 SF
Property subtype
Multifamily
Units
Unit Mix
22 x 1BR/1BA
Multifamily Units
22
Additional Details
Highway Access
Yes
Building Details
Building Size
17,197 SF
Year Built
1926
Listing Agency:
(312) 515-9238
Listed By:
Dan Short, MBA
Source:
Svnchicago
Added: Aug 8
Changed: Aug 9
Last Checked: Aug 9 at 5:42AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Dan Short, MBA
Investment Insights
Based on property information with market context.
This 22-unit apartment property contains an entirely one-bedroom, one-bathroom unit mix. Most apartments have been refreshed with LVP flooring, renovated kitchens and bathrooms, contemporary light fixtures, new paint, and updated appliances. Residents are responsible for electricity, while a high-efficiency Weil-McLain boiler installed in 2025 provides a recent mechanical improvement.
The property is located at 102-108 Memorial Drive in Calumet City, Illinois, with access to Interstate 90 and Interstate 94, the Indiana state line, downtown Hammond, Indiana, and employment centers across the South Suburban Chicago and Northwest Indiana markets. The asset was built in 1926.
The property is located at 102-108 Memorial Drive in Calumet City, Illinois, with access to Interstate 90 and Interstate 94, the Indiana state line, downtown Hammond, Indiana, and employment centers across the South Suburban Chicago and Northwest Indiana markets. The asset was built in 1926.
Key Highlights
- 22 apartments, each configured as one bedroom and one bathroom
- Most units include LVP flooring, updated kitchens and bathrooms, modern light fixtures, fresh paint, and updated appliances
- High‑efficiency Weil‑McLain boiler installed in 2025
Property Analytics
Current Use
Lease Details
22
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,047
Businesses Nearby
Explore this area
Business Placement
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
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Frequently Asked Questions
What type of property is this?
Apartment building - Most residences feature refreshed interiors with updated finishes, appliances, kitchens, and bathrooms.
Where is this apartment building located?
The property is located at 102-108 Memorial Drive Calumet City, IL.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: 22 apartments, each configured as one bedroom and one bathroom; Most units include LVP flooring, updated kitchens and bathrooms, modern light fixtures, fresh paint, and updated appliances; High‑efficiency Weil‑McLain boiler installed in 2025
