Under Contract
1600 MEMORIAL Drive
Calumet City, IL 60409
$299,000 ▼ $10,000 from $309,000
7beds
6baths
—sqft
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About this home
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.
MLS Description — as provided by the listing brokerage.
The facts
Property typeResidential Income
Year built1974
Garage spaces3
Lot size—
Annual tax$15,237.63
CountyCook
MLS #MRD12566376
Days on market49
Features
Heating
Steam
Parking
Garage Door OpenerYesGarage OwnedDetachedGarage
Construction
Brick
Sewer
Public Sewer
Listed by
Keller Williams Preferred Rlty
Frank Montro · 708-307-0777
Listing courtesy of mred MLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID as of 4/2/2026, 9:30:02 AM. All data should be independently verified.
This home is under contract. Contact a dwello agent to explore similar active listings or be notified if it returns to market.
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