Residential Income

Calumet City, IL Residential Income Properties for Sale

Notify Me
List
Map
Hammond, IN Lansing, IL East Chicago, IN
25 properties
Sort:
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
View details
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
View details
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.

View details
Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
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.

View details
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.

View details
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.

View details
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.

View details
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.

View details
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.

View details
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.

View details
Multi-Family Residence
Multi-Family Residence

336 153rd Place, Calumet City, IL 60409

$179,000

For sale multi-family property offering residential income opportunities in Cook County, Illinois.

View details
Residential Income Property For Sale
Residential Income Property For Sale

355 LUELLA Avenue, Calumet City, IL 60409

$325,000

For sale residential income property in Calumet City, IL, suitable for buyers seeking a small, income-oriented housing option.

View details
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.

View details
Multi-Family Residential Income Property
Multi-Family Residential Income Property

399 Oglesby Avenue, Calumet City, IL 60409

$254,999

Residential income property available for purchase in Calumet City, offering flexible use as an owner-occupied or investment asset.

View details
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.

View details
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.

View details
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.

View details
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.

View details
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.

View details
Multifamily Building with Nine Units
Multifamily Building with Nine Units

437 Prairie Ave, Calumet City, IL 60409

$750,000
9,000 sqft

Multifamily building featuring nine units.

View details
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.

View details
MULTI_FAMILY - Calumet City, IL
MULTI_FAMILY - Calumet City, IL

341 Crandon Avenue, Calumet City, IL 60409

$300,000

Duplexes

View details
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.

View details
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.

View details

Calumet City, IL Residential Income Properties Market Trends and Statistics

Explore 72 residential income properties for sale in Calumet City, IL, showcased through 25 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 residential income 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.

List
Map

Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Multifamily properties 21
Duplexes 13
Apartment buildings 5
Single family properties 3
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 $312.6K

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Cook County

New Delisted

Need Help?

Reach out if you need assistance with Realmo tools or have questions about your listings