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$29,000 Just Listed
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Property Description
This home is bought to you by the South Suburban Land Bank and Development Authority. Home needs full renovation. 518 Calumet Way Calumet City, IL 60409 - Spacious 2-bedroom, 1-bath fixer-upper offering excellent potential for investors or owner occupants ready to renovate and add value. Bring your vision and transform this property into a beautiful home. Sold as-is; buyer responsible for all village-required repairs. All room sizes are not verified, buyer responsible to verify room sizes. All offers will be considered after the property has been listed 10 days. Brokers see private notes, all offers must be submitted with fully completed applications. HOLD HARMLESS must be submitted prior to appointment approval.
Full Property Details
Full Property Details for 518 Calumet Way
General
- Price: $29,000
- Taxes: $6,626 (2025)
- Status: Active
- Type: Single Family
- Source: MRED
- MLS ID: 12791479
- Updated: 10/23/2026
- Added to Site: 1 day(s) ago
Interior
- Basement: Unfinished
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 2
Location
- Area: Calumet City
- County: Cook
- Township: Thornton
- Driving Directions: East on Burnham. South on Calumet Way to property.
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
Community
- Assoc. Fees Include: None
Heating & Cooling
- Cooling Type: None
- Heating Type: Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Aluminum Siding
- Exterior Const.: Aluminum Siding
- Basement: Yes
- Basement Desc.: Unfinished, Full
- Square Feet: 855
- Sq. Ft. Source: Assessor
- Year Built: 1955
- Built Before 1978: Yes
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 4874
Financial Considerations
- Assessment Year: 1955
- Tax Amount: $6,626.53
- Tax Year: 2025
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: Third Party Approval
- Property ID: 30173000540000
Listed by Moore Realty LLC
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Schools
Schools serving 518 Calumet Way
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 | 0.2 mi |
Thornton Fractional North High School 755 Pulaski Road, Calumet City, IL 60409 | 9-12 | 0.5 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 518 Calumet Way
Date
Details
Price
Change
Source
10/23/2026
Listed
$29,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 518 Calumet Way
Year
Property Taxes
Change
Tax Assessment
Change
2024
$6,252
13%
$10,000
—
2023
$5,531
13%
$10,000
48%
2022
$4,908
-2%
$6,779
—
2021
$5,008
7%
$6,779
—
2020
$4,670
30%
$6,779
37%
2019
$3,590
1%
$4,965
—
2018
$3,538
4%
$4,965
—
2017
$3,409
-11%
$4,965
-16%
2016
$3,843
4%
$5,943
—
2015
$3,709
—
$5,943
—
2014
$3,706
7%
$5,943
-3%
2013
$3,474
5%
$6,134
—
2012
$3,295
—
$6,134
—
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 518 Calumet Way
518 Calumet Way, Calumet City, IL 60409 (MLS# 12791479) is a Single Family property with 2 bedrooms and 1 full bathroom. 518 Calumet Way is currently listed for $29,000 and was received on October 23, 2026. Want to learn more about 518 Calumet Way? 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.

