This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/1
$305,000
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/1
Property Description
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!
Full Property Details
Full Property Details for 391 Madison
General
- Sold For: $305,000
- Taxes: $14,295 (2024)
- Status: Closed
- Type: Multi-Family
- Source: MRED
- MLS ID: 12709490
- Added to Site: 105 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 5
Bedrooms
- Total Bedrooms: 8
Parking
- Garage: Yes
- Garage Spaces: 2.5
- Total Spaces: 2
- Parking Features: Detached, Garage
Location
- Area: Calumet City
- County: Cook
- Driving Directions: Sibley to Madison Madison to 391
School Information
- School District: 130
- Midd School District: 130
Heating & Cooling
- Heating Type: Gas
Utilities
- Water: Public
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Basement Desc.: Finished, Full
- Built Before 1978: Yes
Unit Information
- Units in Building: 2
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 50 x 120
Financial Considerations
- Tax Amount: $14,295
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 29121190060000
Listed by My Turn Realty & Co
Sold by Prestige Partners Realty, Inc.
Get Pre-Approved Today
Schools
Schools serving 391 Madison
School Districts:Dolton School District 149, Thornton Township High School District 205
| Name | Grades | Distance |
|---|---|---|
Caroline Sibley Elementary School 1550 Sibley Boulevard, Calumet City, IL 60409 | K-6 | 0.6 mi |
School Of Fine Arts 1650 Pulaski Road, Calumet City, IL 60409 | 6-8 | 0.8 mi |
Creative Communications Academy 1650 Pulaski Road, Calumet City, IL 60409 | 6-8 | 0.8 mi |
S T E M Academy 1650 Pulaski Road, Calumet City, IL 60409 | 6-8 | 0.8 mi |
Thornwood High School 17101 South Park Avenue, South Holland, IL 60473 | 9-12 | 3.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 391 Madison
Date
Details
Price
Change
Source
10/19/2026
Sold
$305,000
—
MLS
9/14/2026
Price Reduced
$305,000
-6.01%
MLS
7/19/2026
Listed
$324,500
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
391 Madison, Calumet City, IL 60409 (MLS# 12709490) is a Multi-Family property that was sold at $305,000 on October 19, 2026. Want to learn more about 391 Madison? Do you have questions about finding other Multi-Family real estate for sale in Calumet City? You can browse all Calumet City real estate or contact a Coldwell Banker agent to request more information.

