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    Calumet City, IL Multifamily Properties for Sale

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    Hammond, IN Lansing, IL East Chicago, IN
    21 properties
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    7-Unit Value-Add Multifamily
    Updated: Jul 1
    7-Unit Value-Add Multifamily

    358 Yates Avenue, Calumet City, IL 60409

    $300,000
    7‑unit multifamily property built in 1967 in Calumet City, IL
    Unit mix: six 2‑bedroom/1‑bath units and one 3‑bedroom/1‑bath unit
    Stabilized pro forma income assumes $1,525/mo for 2‑bedroom units and $1,800/mo for the 3‑bedroom unit
    Projected stabilized effective gross income of $124,830 after a 5% vacancy factor; estimated NOI of $59,559.80
    Estimated renovation budget of $105,000 ($15,000 per unit) for turnover, unit repairs, and stabilization needs
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    Renovated Duplex with 10-Foot Ceilings
    Updated: Jul 1
    Renovated Duplex with 10-Foot Ceilings

    893 Greenbay Avenue, Calumet City, IL 60409

    $260,000
    Approved short sale duplex in Calumet City
    Fully rented building; leases expiring soon (tenant interest in staying noted)
    Each unit has 2 bedrooms and 1 bathroom with 10‑foot ceilings
    Completely remodeled with all‑new plumbing and electrical; brick construction; natural gas heat
    Upper unit includes private laundry hookups and central air; alarm system with camera access
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    Three-Unit Triplex with Corner Lot
    Three-Unit Triplex with Corner Lot

    348 Pulaski Road, Calumet City, IL 60409

    $275,000

    Turn-key three-unit income property with two 1-bedroom units and one 2-bedroom unit, plus updated 2023 mechanicals.

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    All-Brick 2-Unit Duplex with Garage
    All-Brick 2-Unit Duplex with Garage

    312 Luella Avenue, Calumet City, IL 60409

    $279,900

    All-brick two-unit property with separate living spaces, recent major systems updates, and off-street parking.

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    Multifamily Apartment Building
    Multifamily Apartment Building

    11 157th Street, Calumet City, IL 60409

    $400,000

    Residential income property available for purchase at 11 157th Street in Calumet City, Illinois.

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    Calumet City Multi-Family Opportunity
    Calumet City Multi-Family Opportunity

    292 Bensley Avenue, Calumet City, IL 60409

    $329,900

    All-brick 2-unit building with modern layouts and desirable features.

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    Two-Unit Duplex Residence
    Two-Unit Duplex Residence

    387 Madison Avenue, Calumet City, IL 60409

    $120,080
    0.11 AC lot

    Two-flat duplex offering 6 bedrooms and 2.2 bathrooms, sold as-is for cash-only buyers.

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    Remodeled Two-Unit Residential Duplex
    Remodeled Two-Unit Residential Duplex

    417 Prairie Avenue, Calumet City, IL 60409

    $310,000

    Two rental units with three bedrooms each, fenced backyard, side driveway, and newer roof on a remodeled property.

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    Well-Maintained 12-Unit Apartment Building
    Well-Maintained 12-Unit Apartment Building

    Calumet City, IL 60409

    $799,996

    12-unit apartment building near Illinois-Indiana border with income potential.

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    Calumet City Multifamily Investment Property
    Calumet City Multifamily Investment Property

    1600 MEMORIAL Drive, Calumet City, IL 60409

    $299,000

    Solid brick multifamily property with income potential in Calumet City.

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    Calumet City Multifamily Property
    Calumet City Multifamily Property

    333 Luella Avenue, Calumet City, IL 60409

    $129,900

    Multifamily property with spacious units, basement, and garage.

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    Two-Flat Duplex With Six Bedrooms
    Two-Flat Duplex With Six Bedrooms

    366 Luella Avenue, Calumet City, IL 60409

    Contact for pricing
    0.11 AC lot

    Two-unit duplex with six bedrooms and 2.2 baths, offered for sale as-is through a HUD-guided auction process.

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    Calumet City Multifamily Investment
    Calumet City Multifamily Investment

    310 Yates Avenue, Calumet City, IL 60409

    $205,000

    Two-unit building with renovation potential in Calumet City, Illinois.

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    7-Unit Multifamily Investment
    7-Unit Multifamily Investment

    11 157th Street, Calumet City, IL 60409

    $400,000
    5,000 sqft

    Seven-unit building with recent roof repairs and unit renovations, offering a mix of 1- and 2-bedroom residences for investors.

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    Mixed-Use Property with Office Unit
    Mixed-Use Property with Office Unit

    1475 Sibley Boulevard, Calumet City, IL 60409

    $194,500
    0.10 AC lot

    Renovated commercial office unit and a rented 2-bedroom apartment provide flexible live/work and rental income options.

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    Calumet City Two-Unit Brick Building
    Calumet City Two-Unit Brick Building

    303 Luella Avenue, Calumet City, IL 60409

    $325,000

    Two-unit brick building with long-term tenants in Calumet City.

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    Spacious Two-Flat Home
    Spacious Two-Flat Home

    387 Madison Avenue, Calumet City, IL 60409

    $120,080
    2,878 sqft · 0.11 AC lot

    Two-flat home featuring six bedrooms and ample living space.

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    MULTI_FAMILY - Calumet City, IL
    MULTI_FAMILY - Calumet City, IL

    341 Crandon Avenue, Calumet City, IL 60409

    $300,000

    Duplexes

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    All-Brick Two-Unit Building
    All-Brick Two-Unit Building

    292 Bensley Avenue, Calumet City, IL 60409

    $329,900

    Two-unit building with modern layouts and desirable features.

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    Two-Unit Duplex with Coach House
    Two-Unit Duplex with Coach House

    305 River Oaks Drive, Calumet City, IL 60409

    Contact for pricing
    0.39 AC lot

    Two-unit duplex with a rear coach house, offered as-is and requiring renovation work.

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    Two-Flat Residential Income Property
    Two-Flat Residential Income Property

    366 Luella Avenue, Calumet City, IL 60409

    Contact for pricing
    2,756 sqft · 0.11 AC lot

    Two-flat home with six bedrooms and two-and-a-half bathrooms, sold as-is, for buyers seeking a residential income structure.

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    Based on your search, we've compiled Potential Opportunities for your consideration. Besides 21 Active Listings in Calumet City, IL, we suggest to view alternatives - similar 51 Off-Market properties to explore as potential leads.

    Off-Market Properties in Calumet City, IL

    Consider similar Off-Market properties in Calumet City, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    1826 State St
    APARTMENT HOUSE (UNDER 5 UNITS)

    1826 State St, Calumet City, IL 60409-1720

    Value Estimation by Request
    5,119 sqft · 0.12 AC lot
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    1826 State St
    APARTMENT HOUSE (UNDER 5 UNITS)

    1826 State St, Calumet City, IL 60409-1720

    Value Estimation by Request
    5,119 sqft · 0.02 AC lot
    View details
    450 Sibley Blvd
    GARDEN APT, COURT APT (5+ UNITS)

    450 Sibley Blvd, Calumet City, IL 60409-2660

    $720,000
    Estimated value
    0.28 AC lot
    View details

    Calumet City, IL Multifamily Properties Market Trends and Statistics

    Explore 72 multifamily properties for sale in Calumet City, IL, showcased through 21 active listings on our real estate platform. These investment opportunities span a total of 23,700 square feet of properties for sale, with an estimated market value of $1,750,000.

    Sale prices for multifamily properties in Calumet City, IL start at $400,000, averaging $583,333, and reaching up to $750,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Duplexes 13
    Apartment buildings 4
    Triplexes 1

    Demographics Overview

    Population 35K
    Population Growth (5Y) -4.6%
    Median Household Income $53,991
    College Educated 27.0%

    High-Yield Neighborhoods for Investment

    Identify Calumet City submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    60409 $322.2K

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Cook County

    New Delisted

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