1654 Downs Dr Calumet City, IL 60409
Estimated payment $3,081/month
About This Home
Great Opportunity in Calumet City! This solid 4-unit brick building offers exactly what you've been looking for. Built just a little over 50 years ago, it has great bones and endless potential for your personal touch. The property features two spacious 3-bedroom apartments-perfect for an owner-occupant or large family-and two generous 1-bedroom units that produce strong rental income. Though dated, the building is well-maintained and ideal for those looking to make cosmetic updates with a renovation loan or over time. Balconies were recently reinforced, motion-detection lighting surrounds the exterior, and there's plenty of off-street parking in the rear. Conveniently located just minutes from grocery stores and the expressway, this property offers comfort, accessibility, and opportunity all in one. Sold As-Is.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $16,602
Year Built
- Built in 1974
Home Design
- Brick Exterior Construction
Bedrooms and Bathrooms
- 8 Bedrooms
- 8 Potential Bedrooms
- 5 Bathrooms
Parking
- 4 Parking Spaces
- Parking Available
Utilities
- Heating System Uses Natural Gas
Community Details
- 4 Units
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $13,344 | $28,000 | $2,250 | $25,750 |
| 2024 | $13,344 | $28,000 | $2,250 | $25,750 |
| 2023 | $9,533 | $28,000 | $2,250 | $25,750 |
| 2022 | $9,533 | $18,884 | $2,000 | $16,884 |
| 2021 | $9,113 | $18,883 | $2,000 | $16,883 |
| 2020 | $8,618 | $18,883 | $2,000 | $16,883 |
| 2019 | $9,253 | $19,393 | $1,875 | $17,518 |
| 2018 | $9,205 | $19,393 | $1,875 | $17,518 |
| 2017 | $11,286 | $19,393 | $1,875 | $17,518 |
| 2016 | $10,872 | $18,793 | $1,750 | $17,043 |
| 2015 | $10,536 | $18,793 | $1,750 | $17,043 |
| 2014 | $10,288 | $18,793 | $1,750 | $17,043 |
| 2013 | $11,320 | $21,689 | $1,750 | $19,939 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/03/2026 02/03/26 | Price Changed | $329,900 | -5.7% | -- |
| 11/02/2025 11/02/25 | For Sale | $349,900 | -- | -- |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12509233
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Based on information submitted to the MLS GRID
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Ask me questions while you tour the home.