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387 Madison Avenue, Calumet City, IL 60409

Local realty services provided by:CENTURY 21 New Beginnings
387 Madison Avenue,Calumet City, IL 60409
$230,000
  • 6 Beds
  • 4 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: terrence johnson
Office: coldwell banker realty
MLS#:12558779
Source:MLSNI

Price summary

  • Price:$230,000

About this home

Welcome to this rare opportunity to own a solid brick 2-unit building offering large 3-bedroom, 1.5-bath units with excellent layout and space. Property features an unfinished basement with strong potential for storage or future expansion, plus a detached 2-car garage for added convenience. This is a value-add opportunity ideal for an investor or buyer looking to unlock upside. The property has significant potential but will require the buyer to address existing village violations. Once completed, this building could be a strong long-term hold or income-producing asset. Perfect for buyers seeking a rehab opportunity in a brick multi-unit with generous unit sizes and solid fundamentals. Property SOLD AS-IS.

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Home facts

  • Year built:1972
  • Listing ID #:12558779
  • Added:14 day(s) ago
  • Updated:February 19, 2026 at 12:28 PM

Rooms and interior

  • Bedrooms:6
  • Total bathrooms:4
  • Full bathrooms:2
  • Half bathrooms:2

Heating and cooling

  • Heating:Natural Gas

Structure and exterior

  • Year built:1972
  • Lot area:0.11 Acres

Utilities

  • Water:Lake Michigan
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$230,000
  • Tax amount:$14,986 (2024)
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