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Brick Quadplex with Parking
For Sale
$159,000

24 Memorial Drive, Calumet City, IL 60409

Residential Income, Calumet City, IL

Property SizeContact for details
Days on Market10

Property Features for 24 Memorial Drive

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 10
Bathrooms 4
Full bathrooms 4
Rooms Bathroom 1, Bedroom 5, Bedroom 7, Bedroom 3, Bedroom 2, Bathroom 2, Bedroom 1, Bedroom 4, Bedroom 10, Bathroom 4, Bedroom 9, Bedroom 8, Bathroom 3, Bedroom 6
Parking 5
Parking features Garage, Off Street
Elementary school district 155
Middle school district 155
High school district 181
Directions 154th St to Burnham Ave, North to Memorial Dr East to Address
Subdivision Calumet City
Standard status Active
APN 30084080410000

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 14800

Utilities

Sewer type Public Sewer
Heating system Forced Air
Water source Public

Building Details

Year built 1956
Building materials Brick
Listing Agency: A Progeny Global LLC
Listed By: Brionna Laye · License #475198906
Added: Sep 2 Changed: Sep 9 Last Checked: Sep 11 at 8:06AM
MLS# 12751337

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 1956 brick quadplex contains two apartment units and two townhome-style units, with a total of 10 bedrooms and 4 bathrooms. The property includes separate mechanical systems, individual heating, washer and dryer accommodations, a rear parking lot, off-street parking, and a garage. Public water and public sewer serve the building.

The property requires renovation and is offered as-is. One townhome has first-floor fire damage, while the other is described as being in good condition. Both apartment units have water damage and mold conditions. The buyer is responsible for inspections, municipal requirements, and independently verifying property information and condition. The property is near highways, shopping, parks, Village Hall, and the Indiana border.

Key Highlights

  • Four‑unit configuration with 2 apartments and 2 townhome‑style units
  • 10 bedrooms and 4 bathrooms
  • 1956 brick construction with forced‑air heating

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Dental Office Spa & Massage Center HVAC Service Pharmacy 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

4
Residential units

Location Intelligence

Trade Area within ½ mile

1,047
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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?
Quadplex - Four-unit residential property with varied layouts, separate mechanical systems, and off-street parking including a garage.
Where is this quadplex located?
The property is located at 24 Memorial Drive Calumet City, IL.
What is the asking price?
The asking price for this property is $159,000.
What are key features of this property?
This property features: Four‑unit configuration with 2 apartments and 2 townhome‑style units; 10 bedrooms and 4 bathrooms; 1956 brick construction with forced‑air heating
More about this property
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