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Contingent
  • $324,500

    391 Madison Ave, Calumet City, IL 60409

    6beds
    --sqft
    : 
    $2,491/mo
    Get pre-qualified
    Multi Family
    Built in ----
    -- sqft lot
    $323,300 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Don't miss this incredible opportunity to own a spacious, income-producing legal 2-unit that's ideal for an owner-occupant, investor, or those seeking the perfect setup for related living. Each oversized unit features 3 generously sized bedrooms, a spacious living room, and a private half bath in the primary bedroom, offering comfort and functionality throughout. The fully finished basement provides additional living space with endless possibilities, making it ideal for extended family, recreation, or flexible use. Both units offer separate heating systems and central air conditioning, allowing for independent comfort and utility management. A coin-operated laundry area adds convenience and potential supplemental income. Outside, you'll find a full detached garage along with ample outdoor space. Whether you're looking to mortgage hack with rental income or expand your investment portfolio, this well-maintained multi-unit checks all the boxes. Conveniently located near schools, parks, shopping, dining, and major expressways, this property offers the perfect blend of space, versatility, and investment potential. Schedule your private showing today!
    13 days
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    324
    |
    31
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    Zillow last checked:

    Listing updated:

    Listed by:

    Myleng Glover 708-545-7480,

    My Turn Realty & Co

    Source: MRED as distributed by MLS GRID,MLS#: 12709490MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 6
      • Bathrooms: 4
      • Full bathrooms: 3
      • 1/2 bathrooms: 2
      Heating
      • Natural Gas
      Features
      • Basement: Finished,Full

      Property

      Parking
      • Total spaces: 2.5
      • Parking features: Detached, Garage
      • Garage spaces: 2.5
      Lot
      • Size: 6,000 Square Feet
      • Dimensions: 50x120
      Details
      • Parcel number: 29121190060000
      • Special conditions: None

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Brick
      Condition
      • New construction: No

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Location
      • Region: Calumet City

      Financial & listing details

      • Tax assessed value: $240,000
      • Annual tax amount: $14,295
      • Date on market: 7/19/2026
      • Ownership: Fee Simple

        Estimated market value

        $323,300

        $307,000 - $339,000

        $1,652/mo

        Price history

        DateEventPrice
        7/29/2026Contingent$324,500
        Source: MRED as distributed by MLS GRID #12709490 Report a problem
        7/19/2026Listed for sale$324,500+85.4%
        Source: MRED as distributed by MLS GRID #12709490 Report a problem
        3/24/2021Listing removed--
        Source: Owner Report a problem
        5/21/2017Listing removed$1,250
        Source: Owner Report a problem
        4/21/2017Listed for rent$1,250
        Source: Owner Report a problem
        7/16/2010Sold$175,000+75%
        Source: MRED as distributed by MLS GRID #07395925 Report a problem
        12/19/2008Sold$100,000-9%
        Source: MRED as distributed by MLS GRID #07050583 Report a problem
        11/5/2008Listed for sale$109,900-52.2%
        Source: Homes.com #07050583 Report a problem
        8/24/2005Sold$230,000+21.1%
        Source: Public Record Report a problem
        5/23/2001Sold$190,000+21%
        Source: Public Record Report a problem
        6/23/1998Sold$157,000
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$14,296 +10.7%$24,000
        2023$12,917 +10.8%$24,000 +32.3%
        2022$11,657 +5.5%$18,147
        2021$11,047 +8%$18,147
        2020$10,226 +18.1%$18,147 +19.7%
        2019$8,656 +0.5%$15,156
        2018$8,616 +3.8%$15,156
        2017$8,301 -22.6%$15,156 -18.4%
        2016$10,727 +3.2%$18,577
        2015$10,395 +2.4%$18,577
        2014$10,151 +12%$18,577 +3.8%
        2013$9,067 +4.7%$17,896
        2012$8,662 -8%$17,896
        2011$9,419 +9.8%$17,896 -14.7%
        2010$8,578 -3.8%$20,975
        2009$8,920 +412.9%$20,975 +352.6%
        2008$1,739 -81.5%$4,634 -81.5%
        2007$9,402 +10.2%$25,047
        2006$8,532 -3.1%$25,047
        2005$8,805 +27.8%$25,047 +27.1%
        2004$6,888 +4.3%$19,711
        2003$6,603 +3.8%$19,711
        2002$6,364 +36.3%$19,711 +17.9%
        2001$4,670 +4.4%$16,719
        2000$4,472 -5.6%$16,719
        1999$4,740 $16,719
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 60409

        Getting around

        69 / 100
        Somewhat Walkable
        30 / 100
        Some Transit
        50 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • District: 130

        Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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