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Brick Duplex with Garage Parking
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 Market94

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 20 at 1:06PM
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 2 flat style duplex includes a basement and offers approximately 2,878 square feet of living space. The home is configured with six bedrooms and 2.2 bathrooms, and it has natural gas heating and public sewer service. Parking is available via a garage, and the property was built in 1972.

The property is listed as cash only and sold as-is. There are no inspection or financing contingencies, and the seller does not provide a survey.

Room sizes are estimated and unverified, so measurements should be confirmed during due diligence. The listing also notes there are no Buyer Premium charges and that a buyer has the right to select their own title/closing company or use the seller’s title company, while the buyer is responsible for all closing costs.

Key Highlights

  • Approximately 2,878 square feet of living space
  • 2 flat style duplex with a basement
  • Six bedrooms and 2.2 bathrooms

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.

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 - Brick two-flat duplex with natural gas heat, public sewer, and garage parking on a 0.11-acre lot.
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: Approximately 2,878 square feet of living space; 2 flat style duplex with a basement; Six bedrooms and 2.2 bathrooms
More about this property
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