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$47,500 Just Listed

  • For Sale
  • Active
  • Condo
  • 1 Bed
  • 1 Full Bath
  • 800 Sq. Ft.
  • Updated 8 hours ago
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Looking to make some additional income, look no further. This unit can be rented and currently has a tenant on a year's lease; rent amount is $1275. Property has been well-maintained and features a 1 bedroom, 1 bath condo. This unit offers a spacious living and dining room combination which opens to the kitchen for that open concept, great for family gatherings. Showing request must provide a 24-hour notice for all showings. Condo is located on the first floor.

Full Property Details for 550 Michigan City Rd #1C

General

  • Price: $47,500
  • HOA FEE: $390/month
  • Taxes: $2,269 (2024)
  • Status: Active
  • Type: Condo
  • Source: MRED
  • MLS ID: 12629632
  • Updated: 4/25/2026
  • Added to Site: 1 day(s) ago

Interior

  • Basement: None

Rooms

Bathrooms

  • Total Bathrooms: 1
  • Full Bathrooms: 1

Bedrooms

  • Total Bedrooms: 1

Parking

  • Total Spaces: 1
  • Parking Features: Yes

Location

  • Area: Calumet City
  • County: Cook
  • Township: Thornton
  • Driving Directions: SIBLEY TO WENTWORTH, SOUTH TO MICHIGAN CITY RD, EAST TO PROPERTY

School Information

  • School District: 156
  • Elem School District: 156
  • Midd School District: 156
  • High School District: 215

Community

  • Assoc. Fees Include: Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
  • Mgmt. Company: Park Property Management Solutions

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Electric

Utilities

  • Sewer: Public Sewer
  • Water: Lake Michigan

Structural Information

  • Structure Type: Condo
  • Construction: Brick
  • Exterior Const.: Brick
  • Basement Desc.: None
  • Entry Floor Number: 1
  • Stories/Levels: 3
  • Square Feet: 800
  • Sq. Ft. Source: Estimated
  • Year Built: 1978

Unit Information

  • Units in Building: 15

Lot Features

  • Lot Dimensions: COMMON

Financial Considerations

  • Association Fee: $390
  • Assoc Fee Freq.: Monthly
  • Assessment Year: 1978
  • Tax Amount: $2,269.6
  • Tax Year: 2024
  • Pays Sewer: Public Sewer

Disclosures and Reports

  • Ownership: Condo
  • Special Conditions: In Foreclosure
  • Property ID: 30173020471003

Listed by Empire Property Solutions, LLC

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Listing agent

— 550 Michigan City Rd #1C —

  • Empire Property Solutions, LLC

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NMLS#: 1598647

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NMLS#: 1598647

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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 550 Michigan City Rd #1C

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-80.5 mi
Thornton Fractional North High School
755 Pulaski Road, Calumet City, IL 60409
9-120.8 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 550 Michigan City Rd #1C Get Price Alerts and Save Property

Date
Details
Price
Change
Source
4/25/2026
Listed
$47,500
82.69%
MLS
2/25/2021
Sold
$26,000
—
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 550 Michigan City Rd #1C

Year
Property Taxes
Change
Tax Assessment
Change
2023
$2,007
—
$3,630
—
2023
$2,007
-41%
$3,629
-23%
2022
$3,427
230%
$4,734
—
2021
$1,037
-68%
$4,734
—
2020
$3,261
-1%
$4,734
3%
2018
$3,279
-1%
$4,601
—
2019
$3,327
5%
$4,601
—
2017
$3,159
-6%
$4,601
-11%
2016
$3,343
4%
$5,169
—
2015
$3,226
—
$5,169
—
2014
$3,224
13%
$5,169
2%
2013
$2,857
5%
$5,044
—
2012
$2,709
—
$5,044
—
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 550 Michigan City Rd #1C

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Listed by Empire Property Solutions, LLC

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Listed by Kimberly Ingram

550 Michigan City Road #1C, Calumet City, IL 60409 (MLS# 12629632) is a Condo property with 1 bedroom and 1 full bathroom. 550 Michigan City Road #1C is currently listed for $47,500 and was received on April 25, 2026. Want to learn more about 550 Michigan City Road #1C? Do you have questions about finding other Condo 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.

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