387 Madison Avenue, Calumet City, Illinois 60409
$230,000
|
For Sale
|
|
| Status: | Active |
| Sqft: | 0 |
| Cost/Sqft: | — |
| Beds: | 6 |
| Baths: | 0 |
| Year Built: | 1972 |
| Property Taxes: | $14,986 |
| Days On Market: | 15 |
| Lot Size: | 0,11 |
Description
Welcome to this rare opportunity to own a solid brick 2-unit building offering large 3-bedroom, 1.5-bath units with excellent layout and space. Property features an unfinished basement with strong potential for storage or future expansion, plus a detached 2-car garage for added convenience. This is a value-add opportunity ideal for an investor or buyer looking to unlock upside. The property has significant potential but will require the buyer to address existing village violations. Once completed, this building could be a strong long-term hold or income-producing asset. Perfect for buyers seeking a rehab opportunity in a brick multi-unit with generous unit sizes and solid fundamentals. Property SOLD AS-IS.
Property Specifics
| Multi-unit | |
| — | |
| — | |
| 1972 | |
| — | |
| — | |
| No | |
| 0.11 |
| Cook | |
| — | |
| — / — | |
| — | |
| — | |
| — | |
| 12558779 | |
| 29121190050000 |
Property History
| DATE: | EVENT: | PRICE: | SOURCE: |
|---|---|---|---|
| 16 Apr, 2024 | Sold | $150,000 | MRED MLS |
| 29 Nov, 2023 | Under contract | $193,500 | MRED MLS |
| — | Last price change | $215,000 | MRED MLS |
| 3 Jul, 2023 | Listed for sale | $215,000 | MRED MLS |
| 2 Feb, 2026 | Listed for sale | $230,000 | MRED MLS |
Room Specifics
Total Bedrooms: 6
Bedrooms Above Ground: 6
Bedrooms Below Ground: 0
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Full Bathrooms: 4
Bathroom Amenities: —
Bathroom in Basement: —
Rooms: —
Basement Description: —
Other Specifics
| 2 | |
| — | |
| — | |
| — | |
| — | |
| 39 X 123 | |
| — | |
| — | |
| — | |
| — | |
| Not in DB | |
| — | |
| — | |
| — | |
| — |
Tax History
| Year | Property Taxes |
|---|---|
| 2024 | $9,945 |
| 2026 | $14,986 |
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Listing Provided By
Coldwell Banker Realty


