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
Map
Street View

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

All Bedroom Info:
Total Bedrooms: 6
Bedrooms Above Ground: 6
Bedrooms Below Ground: 0
Second Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Third Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Fourth Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Fifth Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Sixth Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Bathroom Info:
Full Bathrooms: 4
Partial Bathrooms: —
Bathroom Amenities: —
Bathroom in Basement: —
Additional Rooms Info:
Rooms: —
Basement: —
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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Contact Agent

Listing Provided By

Coldwell Banker Realty