Recently Viewed Properties
See This Home
Save This Listing
Close

View All Photos

$50,000 -$5,000 (-9.09%) Price Reduced

  • For Sale
  • Active
  • Lots/Land
  • Updated 1 day ago
See This Home
Save This Home
See This Home
Save This Home
BUILD-READY MULTIFAMILY DEVELOPMENT OPPORTUNITY - GARAGE AND UTILITIES ALREADY ON SITE. This vacant lot is currently zoned for multi-family residential use (2-6 units), offering great potential for an investor, builder, or developer looking to add to their portfolio. The property already features a 2-car garage, and utilities are available on the property, helping to simplify the redevelopment process. Whether you're considering a duplex, multi-unit rental property, or another permitted residential project, this lot provides a strong starting point. Conveniently located near shopping, transportation, schools, and major roadways with easy access to surrounding Chicagoland communities. Bring your plans and take advantage of this ready-to-develop opportunity!

Full Property Details for 501 155th Pl

General

  • Price: $50,000
  • Taxes: $5,530 (2023)
  • Status: Active
  • Type: Lots/Land
  • Source: MRED
  • MLS ID: 12745666
  • Updated: 10/8/2026
  • Added to Site: 43 day(s) ago

Interior

  • Basement: None

Location

  • Area: Calumet City
  • County: Cook
  • Township: Thornton
  • Driving Directions: BURNHAM TO 156TH - EAST TO PRICE - NORTH TO 155TH PLACE.

School Information

  • School District: 156
  • Elem School District: 156
  • Midd School District: 156
  • High School District: 215
  • Elementary School: Lincoln Elementary School
  • Middle School: Lincoln Elementary School

Utilities

  • Sewer: Public Sewer
  • Water: Municipal Water
  • Onsite: Electricity to Site, Sewer Connected

Structural Information

  • Basement Desc.: None
  • Current Bldg. Use: Multi-Family

Lot Features

  • Lot Size Range: Less than .25 Acre
  • Lot Dimensions: 35 x 124 x 34 x 124
  • Frontage: City Street
  • Frontage Feet: 35
  • Street/Road Desc.: Asphalt
  • Potential Use: Multi-Family
  • Lot Description: Cleared

Financial Considerations

  • Tax Amount: $5,530
  • Tax Year: 2023
  • Pays Sewer: Public Sewer

Disclosures and Reports

  • Ownership: Fee Simple
  • Property ID: 30171120610000

Listed by Better Homes & Gardens Real Estate

Quickly Find Out More

* Indicates a required field

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Send Message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby’s International Realty®). I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.

We Value Your Privacy

Listing agents

— 501 155th Pl —

  • Better Homes & Gardens Real Estate

  • Better Homes & Gardens Real Estate

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Get a Great Insurance Rate

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 501 155th Pl

School Districts:Lincoln Elementary School District 156, Thornton Fractional Township High School District 215
NameGradesDistance
Lincoln Elementary School, Calumet City, IL
410 157th Street, Calumet City, IL 60409
PK-80.2 mi
Thornton Fractional North High School
755 Pulaski Road, Calumet City, IL 60409
9-120.3 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 501 155th Pl Get Price Alerts and Save Property

Date
Details
Price
Change
Source
10/08/2026
Price Reduced
$50,000
-9.09%
MLS
8/28/2026
Listed
$55,000
83.33%
MLS
5/27/2015
Sold
$30,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 501 155th Pl

Year
Property Taxes
Change
Tax Assessment
Change
2023
$5,530
—
$10,000
—
2023
$5,530
-6%
$9,999
23%
2022
$5,909
-2%
$8,162
—
2021
$6,030
7%
$8,162
—
2020
$5,623
-16%
$8,162
-12%
2019
$6,695
1%
$9,260
—
2018
$6,599
4%
$9,260
—
2017
$6,358
-5%
$9,260
-10%
2016
$6,663
4%
$10,304
—
2015
$6,431
—
$10,304
—
2014
$6,426
-5%
$10,304
-14%
2013
$6,769
5%
$11,951
—
2012
$6,420
—
$11,951
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 501 155th Pl

$
Down Payment
%
$
%

$
$

*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Better Homes & Gardens Real Estate

Just Listed near 501 155th Pl

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

907 Field St, Hammond, IN 46320 - Photo 1 Just Listed
$20,000

907 Field St  Hammond, IN 46320

  • Lots/Land
  • Active
  • Updated 6 days ago
  • 0.1166
    Acres
Listed by Brittnea Tait (708) 539-0021
4333 Torrence Ave, Hammond, IN 46327 - Photo 1 Just Listed
$139,900

4333 Torrence Ave  Hammond, IN 46327

  • Single Family
  • Active
  • Updated 1 day ago
  • 2
    Beds
  • 1
    Total Bath
  • 770
    Sq. Ft.
Listed by Weichert, Realtors-Moke Agency
225 Carroll St, Hammond, IN 46320 - Photo 1 Just Listed
$1,875,000

225 Carroll St  Hammond, IN 46320

  • Commercial Multi-Family
  • Active
  • Updated 1 day ago
  • 14,904
    Sq. Ft.
Listed by Rose Real Estate
6217 Moraine Ave, Hammond, IN 46324 - Photo 1 Just Listed
$269,900

6217 Moraine Ave  Hammond, IN 46324

  • Single Family
  • Active
  • Updated 2 hours ago
  • 2
    Beds
  • 2
    Total Baths
  • 2,668
    Sq. Ft.
Listed by McColly Real Estate

Price Reduced near 501 155th Pl

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

14315 S Manistee Ave, Burnham, IL 60633 - Photo 1 Price Reduced
-$3,000 (-1.12%)
$264,000
Open House

14315 S Manistee Ave  Burnham, IL 60633

  • Single Family
  • Active
  • Updated 13 hours ago
  • 4
    Beds
  • 2
    Total Baths
  • 2,000
    Sq. Ft.
14408 S Hoxie Ave, Burnham, IL 60633 - Photo 1 Price Reduced
-$5,100 (-2.08%)
$239,900

14408 S Hoxie Ave  Burnham, IL 60633

  • Single Family
  • Active
  • Updated 3 hours ago
  • 4
    Beds
  • 2
    Total Baths
  • 1,230
    Sq. Ft.
7203 Marshall Ave, Hammond, IN 46323 - Photo 1 Price Reduced
-$10,000 (-5.88%)
$159,999

7203 Marshall Ave  Hammond, IN 46323

  • Single Family
  • Active
  • Updated 17 hours ago
  • 2
    Beds
  • 1
    Total Bath
  • 1,008
    Sq. Ft.
Listed by McColly Real Estate
5439 Birch Ave, Hammond, IN 46320 - Photo 1 Price Reduced
-$2,000 (-1.34%)
$147,500

5439 Birch Ave  Hammond, IN 46320

  • Single Family
  • Active
  • Updated 1 day ago
  • 2
    Beds
  • 1
    Total Bath
  • 700
    Sq. Ft.
Listed by Complete Asset Protection Serv

Recent Sales near 501 155th Pl

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

512 156th Pl, Calumet City, IL 60409 - Photo 1 Sold
$45,000

512 156th Pl  Calumet City, IL 60409

  • Single Family
  • Closed
  • 4
    Beds
  • 2
    Total Baths
  • 1,920
    Sq. Ft.
202 156th Pl, Calumet City, IL 60409 - Photo 1 Sold
$45,000

202 156th Pl  Calumet City, IL 60409

  • Single Family
  • Closed
  • 3
    Beds
  • 1
    Total Bath
  • 1,164
    Sq. Ft.
Listed by Nora Gavin
550 Michigan City Rd, Calumet City, IL 60409 - Photo 1 Sold
$45,000

550 Michigan City Rd  #3E  Calumet City, IL 60409

  • Condo
  • Closed
  • 2
    Beds
  • 1
    Total Bath
  • 800
    Sq. Ft.
213 157th St, Calumet City, IL 60409 - Photo 1 Sold
$53,000

213 157th St  Calumet City, IL 60409

  • Single Family
  • Closed
  • 3
    Beds
  • 1
    Total Bath
  • 1,178
    Sq. Ft.

501 155th Place, Calumet City, IL 60409 (MLS# 12745666) is a Lots/Land property with a lot size of acres. 501 155th Place is currently listed for $50,000 and was received on August 28, 2026. Want to learn more about 501 155th Place? Do you have questions about finding other Lots/Land 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.

Tour this property