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Mixed-Use Storefront with Apartment
For Sale
$159,900

511 Burnham Avenue, Calumet City, IL 60409

Commercial zoning and a rear area offer space for storage or a small gathering room.

Property SizeContact for details
Days on Market41

Property Features for 511 Burnham Avenue

General Information

Standard status Active
Property subtype Commercial
Zoning COMMR

Site & Location

Road Access Yes
Mixed-Use Components retail, residential

Additional Details

Property Use Office

Taxes and HOA fees

Annual Taxes $11,573

Building Details

Year Built 1957
Stories 2
Units 3
Listing Agency: Kale Realty
Listed By: Cesar Gonzalez · License #475151200
Source: Fishmangroup
Added: Sep 15 Changed: Oct 23 Last Checked: Oct 23 at 4:14PM

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 Kale Realty

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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This mixed-use property has a large storefront, additional space at the rear, and a three-bedroom apartment on the upper floor. The rear area can accommodate storage or function as a small event room. The building dates to 1957 and is zoned COMMR.

The property is being sold as-is. The buyer is responsible for meeting applicable city requirements.

Key Highlights

  • Three‑bedroom apartment on the upper floor
  • Large storefront with additional rear space
  • Rear area can serve as storage or a small event room

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Real Estate Agency Dental Office HVAC Service Pharmacy Gym & Fitness Center Cafe & Coffee Shop

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

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

467
Businesses Nearby
1k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 51% Electronics 49%
Ena Tax Services Shops & Services
656 visits/mo 0.3 miles
Boost Mobile Electronics
623 visits/mo 0.2 miles

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 Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Commercial zoning and a rear area offer space for storage or a small gathering room.
Where is this mixed-use property located?
The property is located at 511 Burnham Avenue Calumet City, IL.
What is the asking price?
The asking price for this property is $159,900.
What are key features of this property?
This property features: Three‑bedroom apartment on the upper floor; Large storefront with additional rear space; Rear area can serve as storage or a small event room
More about this property
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