$295,000

502 154th Place Calumet City, IL 60409

Estimated payment $2,354/month

Total Views 1,607
4 Beds
4 Baths
-- Sq Ft
-- Price per Sq Ft

About This Home

Welcome to this solid brick 4-unit in Calumet City, a true turnkey investment with reliable income from day one. Each unit offers 1 bedroom and 1 bathroom. The building has been well maintained and updated, featuring a fully rehabbed bathroom in Unit #4, fresh paint throughout all units, and new appliances including a stove and fridge in Unit #1 and a new stove in Unit #3. Tenants are responsible for their own utilities, while the owner covers water and refuse, making this a low-maintenance and income-producing property. With long-term tenants already in place and strong rental demand in the area, this 4-unit is a prime opportunity for any investor seeking stability and growth

Listing Agent

Charlea Murray

Keller Williams Preferred Realty License #475197957 Listed on: 08/27/2025

Keller Williams Preferred Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,401

Year Built

  • Built in 1971

Lot Details

  • Lot Dimensions are 48 x 120
  • Additional Parcels

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 4 Bathrooms

Parking

  • 4 Parking Spaces
  • Unassigned Parking

Schools

  • Lincoln Elementary School

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

  • 4 Units
  • Gross Income $3,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,401

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1971
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Total Bathrooms: 4
  • Total Bedrooms: 4
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 4
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner
  • AppliancesAndFeatures: Stove,Refrigerator
  • Room: 4

Exterior Features

  • Construction Materials: Brick
  • List Price: 295000
  • Waterfront: No

Garage/Parking

  • Parking Features: Unassigned, On Site
  • ParkingTotal: 4

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Water Source: Lake Michigan

Schools

  • Elementary School: Lincoln Elementary School
  • Middle/Junior School: Lincoln Elementary School
  • Middle/Junior School District: 156

Lot Info

  • Additional Parcels Description: 30171000470000
  • Additional Parcels: Yes
  • Lot Dimensions: 48 x 120
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • TenantPays: Electric,Gas

Multi Family

  • GrossIncome: 3000
  • Units in Building: 4
  • Three Bedroom Number of Units: No
  • Type-Multi: 4 Flat

Tax Info

  • Tax Annual Amount: 9401.05
  • Tax Year: 2023
  • Tax Exemptions: None

Map

Range of Values:

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Average Value
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List Price
Sold Price
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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
08/27/2025 08/27/25 For Sale $295,000 +66.7% --
10/11/2018 10/11/18 For Sale $177,000 +11.3% --
10/05/2018 10/05/18 Sold $159,000 0.0% --
08/30/2018 08/30/18 Off Market $159,000 -- --
08/18/2018 08/18/18 For Sale $177,000 -- --
Source: Midwest Real Estate Data (MRED)

Source: Midwest Real Estate Data (MRED)

MLS Number: 12449639

Midwest Real Estate Data (MRED)