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$254,900 Just Listed
Property Description
Welcome to 516 Exchange Ave, a beautifully updated split-level home that combines modern comfort, functional living space, and everyday convenience. Featuring 3 spacious bedrooms, 2 full bathrooms, and a detached 2-car garage, this move-in-ready home offers everything today's buyers are looking for. Don't miss your chance - schedule a showing today!
Full Property Details
Full Property Details for 516 Exchange Ave
General
- Price: $254,900
- Taxes: $7,274 (2024)
- Status: Active
- Type: Single Family
- Source: MRED
- MLS ID: 12698747
- Updated: 7/9/2026
- Added to Site: 3 day(s) ago
Rental Information
- Complex Features: Sidewalks, Street Lights
Interior
- Basement: Finished, P
- Interior Features: Built-in Features, Walk-In Closet(s)
- Flooring: Hardwood
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Basement Baths: Yes
- Bathroom Features: Whirlpool, Separate Shower
Bedrooms
- Total Bedrooms: 3
Additional Information
- Other Features: Interstate Access
Parking
- Garage: Yes
- Garage Spaces: 2
- Total Spaces: 2
- Parking Features: Concrete, Garage Door Opener, Yes, Garage Owned, Detached, Garage
Location
- Area: Calumet City
- County: Cook
- Township: Thornton
- Driving Directions: From the Bishop Ford Freeway: Exit Sibley. Go East past Torrence Ave to Exchange Ave, R to 516
School Information
- School District: 155
- Elem School District: 155
- Midd School District: 155
- High School District: 205
- Elementary School: Wentworth Intermediate School
- High School: Thornton Township High School
- Private School: Thornton Township High School
Community
- Assoc. Fees Include: None
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Natural Gas, Forced Air
Utilities
- Sewer: Public Sewer
- Water: Lake Michigan, Public
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Basement: Yes
- Basement Desc.: Finished, Partial
- Foundation: Concrete Perimeter
- Roof: Asphalt
- Windows: Screens, Skylight(s), Wood Frames
- Sub-Flooring: Hardwood
- Square Feet: 1,308
- Sq. Ft. Source: Assessor
- Year Built: 1975
- Built Before 1978: Yes
Additional Structures
- Other Structures: Garage(s)
Lot Features
- Lot Size (Acres): 0.12
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 40 x 124
Financial Considerations
- Parking Included: Yes
- Assessment Year: 1975
- Tax Amount: $7,274
- Tax Year: 2024
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 30073050290000
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Schools
Schools serving 516 Exchange Ave
School Districts:Calumet City School District 155, Thornton Fractional Township High School District 215
| Name | Grades | Distance |
|---|---|---|
Wentworth Intermediate School 530 Superior Avenue, Calumet City, IL 60409 | 3-5 | 0.4 mi |
Wilson Elementary School, Calumet City, IL 560 Wentworth Avenue, Calumet City, IL 60409 | PK-2 | 1.1 mi |
Wentworth Jr High School 560 Superior Avenue, Calumet City, IL 60409 | 6-8 | 0.3 mi |
Thornton Fractional North High School 755 Pulaski Road, Calumet City, IL 60409 | 9-12 | 0.6 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 516 Exchange Ave
Date
Details
Price
Change
Source
7/08/2026
Listed
$254,900
88.81%
MLS
4/15/2016
Sold
$135,000
—
Public Record
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
Tax History for 516 Exchange Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$7,274
14%
$14,605
29%
2022
$6,357
-7%
$11,307
-7%
2021
$6,804
4%
$12,105
—
2020
$6,544
63%
$12,105
39%
2019
$4,020
2%
$8,690
—
2018
$3,933
-50%
$8,690
-20%
2017
$7,902
2%
$10,926
-7%
2016
$7,744
2%
$11,689
—
2015
$7,607
18%
$11,689
—
2014
$6,464
-9%
$11,689
-22%
2013
$7,133
5%
$14,949
—
2012
$6,788
—
$14,949
—
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
Estimate the Cost for 516 Exchange Ave
516 Exchange Avenue, Calumet City, IL 60409 (MLS# 12698747) is a Single Family property with 3 bedrooms and 2 full bathrooms. 516 Exchange Avenue is currently listed for $254,900 and was received on July 08, 2026. Want to learn more about 516 Exchange Avenue? Do you have questions about finding other Single 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.
