502 154th Place, Calumet City, IL 60409 - Photo 1

1/1

$225,000

Sold
Closed
Multi-Family
4 Total Beds

1/1

Property Description

Welcome to this solid brick 4-unit in Calumet City, a true turnkey investment with reliable income from day one. Each unit offers 1 bedroom and 1 bathroom. The building has been well maintained and updated, featuring a fully rehabbed bathroom in Unit #4, fresh paint throughout all units, and new appliances including a stove and fridge in Unit #1 and a new stove in Unit #3. Tenants are responsible for their own utilities, while the owner covers water and refuse, making this a low-maintenance and income-producing property. With long-term tenants already in place and strong rental demand in the area, this 4-unit is a prime opportunity for any investor seeking stability and growth

Full Property Details

Full Property Details for 502 154th Pl

General

Sold For: $225,000
Taxes: $10,629 (2023)
Status: Closed
Type: Multi-Family
Source: MRED
MLS ID: 12449639
Added to Site: 227 day(s) ago

Rooms

Bathrooms

Total Bathrooms: 4

Bedrooms

Total Bedrooms: 4

Parking

Total Spaces: 4
Parking Features: Unassigned, Yes

Location

Area: Calumet City
County: Cook
Driving Directions: Burnham to 154th St; E. to Price; S. to 154th Place; To the address

School Information

School District: 156
Midd School District: 156
Elementary School: Lincoln Elementary School
Middle School: Lincoln Elementary School

Heating & Cooling

Heating Type: Natural Gas

Utilities

Water: Lake Michigan

Structural Information

Construction: Brick
Exterior Const.: Brick
Basement Desc.: None
Year Built: 1971
Built Before 1978: Yes

Unit Information

Units in Building: 4

Lot Features

Lot Size Range: Less than .25 Acre
Lot Dimensions: 48 x 120

Financial Considerations

Assessment Year: 1971
Tax Amount: $10,629.05
Tax Year: 2023

Disclosures and Reports

Ownership: Fee Simple
Special Conditions: List Broker Must Accompany
Property ID: 30171000460000

Listed by Keller Williams Preferred Realty
Sold by Halsted Taylor Real Estate

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Schools

Schools serving 502 154th Pl

School Districts:Lincoln Elementary School District 156, Thornton Fractional Township High School District 215

Name	Grades	Distance
Lincoln Elementary School, Calumet City, IL 410 157th Street, Calumet City, IL 60409	PK-8	0.3 mi
Thornton Fractional North High School 755 Pulaski Road, Calumet City, IL 60409	9-12	0.3 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 502 154th Pl

Date

Details

Price

Change

Source

2/20/2026

Sold

$225,000

-21.05%

MLS

10/21/2025

Price Reduced

$285,000

-3.39%

MLS

8/27/2025

Listed

$295,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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502 154th Place, Calumet City, IL 60409 (MLS# 12449639) is a Multi-Family property that was sold at $225,000 on February 20, 2026. Want to learn more about 502 154th Place? 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.

502 154th Pl Calumet City, IL 60409