$335,000
SOLD SEP 17, 2025

1616 Memorial Dr Calumet City, IL 60409

7 Beds
5 Baths
-- Sq Ft
4,792 Sq Ft Lot

Recently Sold

4% Below List Price

85 Days on Market

Highlights

  • Workshop
  • Baseboard Heating
  • Fenced

About This Home

As of September 2025

SMART MULTI-FAMILY INVESTMENT OPPORTUNITY FOR INVESTORS, OWNER-OCCUPANT, OR FAMILY BUILDING*WELL MAINTAINED ALL BRICK 3-UNIT BLDG IN GREAT NEIGHBORHOOD*TWO 3 BED/1.5 BATH UNITS AND ONE 1 BED/1 BATH UNIT*3 BEDROOM UNITS FEATURE PRIMARY BEDROOM WITH PRIVATE BATH*HARDWOOD FLOORS UNDER CARPET*EAT-IN KITCHEN WITH SPACE FOR LARGE DINING TABLE*U-SHAPED KITCHENS WITH BREAKFAST BAR*TONS OF COUNTERTOP SPACE*NEW BOILER*NEWER WINDOWS*COIN LAUNDRY ONSITE*CONCRETE SIDE-DRIVE*GATED BACKYARD*REAR CONCRETE PATIO*TENANTS PAY ELECTRIC*1 BLOCK TO SCHOOL*COMMUNITY CENTER AND PARK ACROSS THE STREET* RESTAURANTS/GROCERY/PUBLIC TRANSPORTATION 2 BLOCKS AWAY*MALL NEARBY*CLOSE TO I-94 ACCESS*PRE-APPROVED BUYERS ONLY!

Last Agent to Sell the Property

Robin Conner

Keller Williams Preferred Rlty License #471007824 Listed on: 04/25/2025

Keller Williams Preferred Rlty

Last Buyer's Agent

Rae Caulton

Rae Lynn Realty LLC License #471021579

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,043

Year Built

  • Built in 1972

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 40x124
  • Fenced

Home Design

  • Brick Exterior Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • Workshop
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Potential Bedrooms
  • 5 Bathrooms

Parking

  • 3 Parking Spaces
  • Driveway

Utilities

  • Baseboard Heating
  • Lake Michigan Water

Community Details

Overview

  • 3 Units

Building Details

  • Fuel Expense $2,172
  • Water Sewer Expense $1,848
  • Gross Income $36,000
  • Net Operating Income $31,980

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,043

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1972
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service,Commuter Bus,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Finished, Full
  • Total Bathrooms: 5
  • Total Bedrooms: 7
  • Room Type: Workshop
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 3
  • Half Bathrooms in Building: 2
  • MRD_AppliancesAndFeatures: Stove,Dishwasher,Window Air Conditioner
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner

Exterior Features

  • Construction Materials: Brick
  • Fencing: Fenced
  • Foundation Details: Concrete Perimeter
  • List Price: 345000
  • Roof: Asphalt
  • Waterfront: No

Garage/Parking

  • Parking Features: Driveway, On Site, Owned
  • ParkingTotal: 3

Utilities

  • Sewer: Public Sewer
  • Heating: Baseboard
  • Water Source: Lake Michigan, Public

Fee Information

  • Water Sewer Expenses: 1848

Schools

  • Middle/Junior School District: 149

Lot Info

  • Lot Size Acres: 0.11
  • Lot Dimensions: 40X124
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Multi Family

  • Net Operating Income: 31980
  • Fuel Expense: 2172
  • GrossIncome: 36000
  • Units in Building: 3
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 3 Flat

Tax Info

  • Tax Annual Amount: 11043
  • Tax Year: 2023

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/17/2025 09/17/25 Sold $335,000 -2.9% --
07/21/2025 07/21/25 Pending -- -- --
06/17/2025 06/17/25 Price Changed $345,000 -1.4% --
06/05/2025 06/05/25 For Sale $350,000 0.0% --
05/28/2025 05/28/25 Pending -- -- --
04/26/2025 04/26/25 For Sale $350,000 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12347191

Midwest Real Estate Data (MRED)