Calumet City, IL
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    Calumet City, IL Residential Income Properties for Sale

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    Hammond, IN Highland, IN East Chicago, IN
    16 results
    Calumet City Multi-Family Opportunity
    $329,900

    Calumet City Multi-Family Opportunity

    292 Bensley Avenue, Calumet City, IL 60409

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

    • All‑brick 2‑unit building ideal for investment or owner‑occupancy.
    • Both units vacant at sale, allowing immediate tenant selection and rent setting.
    • Granite countertops, wood cabinetry, and spacious eat‑in areas in both kitchens.
    • Detached 2‑car garage and fully enclosed privacy fence.
    • 5 bedrooms and 2.5 bathrooms total across both units.
    Updated: May 20
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    Calumet City Two-Unit Building
    $300,000

    Calumet City Two-Unit Building

    341 Crandon Avenue, Calumet City, IL 60409

    Meticulously maintained two-unit building with potential for a third unit.

    • Assumable 3.375% interest rate.
    • Two spacious units, each with 3 bedrooms and 2 bathrooms.
    • Eat‑in kitchens with islands and stainless steel appliance packages.
    • Individual furnaces and central air conditioning for each unit.
    • Full basement offering potential for additional living space or storage.
    Updated: Jan 21
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    Calumet City Multi-Family Home
    Contact for pricing
    2,878 SF

    Calumet City Multi-Family Home

    Two-flat, six-bedroom home in Calumet City, Illinois.

    387 Madison Avenue, Calumet City, IL 60409
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    Calumet City Multifamily Investment Property
    $299,000

    Calumet City Multifamily Investment Property

    Solid brick multifamily property with income potential in Calumet City.

    1600 MEMORIAL Drive, Calumet City, IL 60409
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    Well-Maintained 12-Unit Apartment Building
    $799,996

    Well-Maintained 12-Unit Apartment Building

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

    Calumet City, IL 60409
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    Updated Calumet City Two-Flat
    $197,000

    Updated Calumet City Two-Flat

    Turnkey two-flat with recent upgrades, ideal for investors.

    566 Ingraham Avenue, Calumet City, IL 60409
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    Calumet City Multi-Family Property
    $159,950
    0.11 Acres

    Calumet City Multi-Family Property

    Two-unit property with strong rental potential in Calumet City.

    1633 Downs Drive, Calumet City, IL 60409
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    Calumet City Multifamily Property
    $129,900

    Calumet City Multifamily Property

    Multifamily property with spacious units, basement, and garage.

    333 Luella Avenue, Calumet City, IL 60409
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    Calumet City Multifamily Investment Property
    $235,000

    Calumet City Multifamily Investment Property

    Four-unit building with rental potential on a double lot.

    207 155th Street, Calumet City, IL 60409
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    Calumet City Two-Unit Building
    $234,900

    Calumet City Two-Unit Building

    Two-unit building with updated finishes, excellent income potential.

    1677 Patricia Place, Calumet City, IL 60409
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    Calumet City Two-Unit Brick Building
    $325,000

    Calumet City Two-Unit Brick Building

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

    303 Luella Avenue, Calumet City, IL 60409
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    Historic Building with Apartment Units
    $600,000
    9,700 SF

    Historic Building with Apartment Units

    Mixed-use property featuring a funeral home and six apartment units.

    248 155th Pl, Calumet City, IL 60409
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    Calumet City Multifamily Investment
    $205,000

    Calumet City Multifamily Investment

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

    310 Yates Avenue, Calumet City, IL 60409
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    Renovated Mixed-Use Investment Opportunity
    $194,500
    0.10 Acres

    Renovated Mixed-Use Investment Opportunity

    Fully renovated mixed-use property with commercial space and rental income.

    1475 Sibley Boulevard, Calumet City, IL 60409
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    Multifamily Building with Nine Units
    $750,000
    9,000 SF

    Multifamily Building with Nine Units

    Multifamily building featuring nine units.

    437 Prairie Ave, Calumet City, IL 60409
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    Calumet City Multifamily Investment Opportunity
    Contact for pricing
    0.39 Acres

    Calumet City Multifamily Investment Opportunity

    Two-unit property with coach house, sold as-is for renovation.

    305 River Oaks Drive, Calumet City, IL 60409
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    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 16 Active listings in Calumet City, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 56 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Remodeled Four-Unit Building in Chicago
    $439,000

    Remodeled Four-Unit Building in Chicago

    Updated 4-unit property in Hegewisch, great for investors.

    3324 E 136TH Street, Chicago, IL 60633
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    Hegewisch Multifamily Investment Opportunity
    $199,900

    Hegewisch Multifamily Investment Opportunity

    Value-add multifamily property near Metra station in Chicago's Hegewisch.

    13513 S Baltimore Avenue, Chicago, IL 60633
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    Downtown Hammond Redevelopment Opportunity
    $499,000
    41,400 SF

    Downtown Hammond Redevelopment Opportunity

    Five-story, 41,000 SF building near South Shore Train Line.

    5217 Hohman Ave, Hammond, IN 46320
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    Renovated Mixed-Use Building Near Train
    $775,000
    6,161 SF

    Renovated Mixed-Use Building Near Train

    Renovated mixed-use building suitable for event center or microbrewery.

    474 Fayette St, Hammond, IN 46320
    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Vacant Lot in Calumet City
    Contact for pricing

    Vacant Lot in Calumet City

    Priced vacant lot with excellent potential in Calumet City.

    531 156th Street, Calumet City, IL 60409
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    Hammond, IN Vacant Land
    Contact for pricing
    0.19 Acres

    Hammond, IN Vacant Land

    Vacant corner double lot suitable for single-family or duplex.

    4304 Dearborn Avenue, Hammond, IN 46327
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    Hammond Vacant Lot Opportunity
    Contact for pricing
    0.11 Acres

    Hammond Vacant Lot Opportunity

    Vacant lot in Hammond's resurgent corridor, ready for development.

    861 Wilcox Street, Hammond, IN 46320
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    Hammond Vacant Lot Opportunity
    Contact for pricing
    0.11 Acres

    Hammond Vacant Lot Opportunity

    Vacant lot in Hammond's revitalizing corridor, ideal for development.

    1019 Cleveland Street, Hammond, IN 46320
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    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

    1826 State St

    APARTMENT HOUSE (UNDER 5 UNITS) • 5,119 SF
    Value Estimation by Request
    1826 State St, Calumet City, IL 60409-1720
    View details
    1826 State St

    1826 State St

    APARTMENT HOUSE (UNDER 5 UNITS) • 5,119 SF
    Value Estimation by Request
    1826 State St, Calumet City, IL 60409-1720
    View details
    450 Sibley Blvd

    450 Sibley Blvd

    GARDEN APT, COURT APT (5+ UNITS) • 0.28 Acres
    Value Estimation
    $720,000
    450 Sibley Blvd, Calumet City, IL 60409-2660
    View details
    348 154th Pl

    348 154th Pl

    APARTMENT HOUSE (UNDER 5 UNITS) • 4,260 SF
    Value Estimation by Request
    348 154th Pl, Calumet City, IL 60409-4519
    View details
    458 Madison Ave, Unit 1

    458 Madison Ave, Unit 1

    APARTMENT HOUSE (UNDER 5 UNITS) • 2,990 SF
    Value Estimation by Request
    458 Madison Ave, Calumet City, IL 60409-2196
    View details
    44 Webb St

    44 Webb St

    APARTMENT HOUSE (UNDER 5 UNITS) • 3,552 SF
    Value Estimation by Request
    44 Webb St, Calumet City, IL 60409-4871
    View details
    304 Luella Ave

    304 Luella Ave

    APARTMENT HOUSE (UNDER 5 UNITS) • 2,756 SF
    Value Estimation by Request
    304 Luella Ave, Calumet City, IL 60409-1803
    View details
    322 Yates Ave

    322 Yates Ave

    APARTMENT HOUSE (UNDER 5 UNITS) • 3,480 SF
    Value Estimation by Request
    322 Yates Ave, Calumet City, IL 60409-1966
    View details

    Calumet City, IL Residential Income Properties Investment Opportunities Market Analysis

    Explore 72 residential income properties for sale in Calumet City, IL, showcased through 16 active listings on our real estate platform. These investment opportunities span a total of 18,700 square feet of properties for sale, with an estimated market value of $1,350,000.

    Sale prices for residential income properties in Calumet City, IL start at $600,000, averaging $675,000, 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

    Multifamily properties 15
    Duplexes 9
    Apartment buildings 3
    Quadplexes 1
    Single family properties 1

    Demographics Overview

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

    High-Yield Neighborhoods for Strategic Investment

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

    Neighborhood Average Price
    60409 $286.1K

    Taxes & Financing

    Average Loan-to-Value 65.0%

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