$309,000

1600 MEMORIAL Drive, Calumet City, IL 60409

7 beds |
6 baths

Multi-Family Home
Built in 1974
—— sqft lot
3 car garage
$——/sqft
Listed 1 day ago

Property Description

Solid brick multi-family investment opportunity featuring 7 bedrooms and 6 bathrooms with a 3-car garage. Strong income-producing property with excellent upside potential. One studio is on a long-term lease through May 1st. All other tenants are month-to-month, providing flexibility for a new owner. Tenants are open to discussing rent increases to remain post-sale, offering immediate value-add potential. Property features include balconies on both the 1st and 2nd floors, boiler heating system, on-site laundry room, and a 3-car garage. Great opportunity for investors or owner-occupants seeking rental income.

Listing Status:: Active
Data Last Updated:: February 13, 2026 at 10:19PM
Listing Office:: Keller Williams Preferred Rlty : 708-307-0777
Listing Agent:: Frank Montro : 708-307-0777
MLS ID:: 12566376

Rooms: Utility Room-Lower Level
Basement: FinishedFullDaylight
Heating: Steam

Parking: Garage Door OpenerYesGarage OwnedDetachedGarageParking spaces: 3

Originating MLS: mred
School District: 149
County: Cook

Zoning: MULTI29124110380000

Water: Public
Sewer: Public Sewer

Source: mred
Ownership: Fee Simple

This listing courtesy of Frank Montro , Keller Williams Preferred Rlty

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Carol Moseley Braun School

1655 153rd St, Calumet City, IL, 60409

Grades 1-6

0.19 miles away

School of Fine Arts

1650 Pulaski Rd, Calumet City, IL, 60409

Grades 7-8

0.23 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.