Financial
Distress signals
Property profile

507 Commercial Ave Calumet City, IL 60409

OFF-MARKET
Industrial properties
Property ID
US28-2347196
0.11 ac lot Built 1979
Last sale Jan 2018 · $220,000
Individually Owned Owner of record is an individual. 8-yr Hold Held for 8 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This well-established autobody shop in Calumet City, Illinois presents a fantastic investment opportunity. Priced at $399,000, this 5,400 square foot Class B retail property sits on a 0.65-acre lot, conveniently located off Sibley Boulevard on Commercial Avenue. The building features approximately 5,200 square feet of industrial space ideal for autobody work, supplemented by roughly 200 square feet of office space. Seven grade-level doors provide ample access, including three 18x10 foot…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?
$17k
Tax billed · 2022
Assessed value$21k
Assessed land$4k
Assessed improvement$17k
Effective rate80.61%

Value estimate

· Sep 2026
$320k
$288k – $352k
AI approach$320k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$78/SF
County average, outlier-cleaned · 1153 recorded sales of this use type
Observed band · Q1–Q3$33 – $146

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionCOOK

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency47.0
Dental Office33.9
Law Firm33.4

Location

507 Commercial Ave Calumet City, IL 60409-3328
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
906 Lucas, Calumet City, IL 60409 $130,000 Jun 2025 No data
928 Lucas, Calumet City, IL 60409-2404 $130,000 Jun 2025 No data
326 State, Calumet City, IL 60409 $920,000 May 2025 No data
185 Plummer, Calumet City, IL 60409-2799 $920,000 May 2025 No data
1926 State, Calumet City, IL 60409-1705 $4,600,000 May 2025 32,188 SF
510 End, Calumet City, IL 60409-2804 $4,999,000 Mar 2025 No data
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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