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Two to Four Units · Calumet City, IL
$49,000
4 beds · 2 baths
506 157th Street, Calumet City, IL, 60409
A brick-and-mortar place to make your own — room to make it home.
Active

What’s special

2-car garage
***THIS BUILDING MUST BE CONVERTED TO A SINGLE FAMILY PER SOUTH SUBURBAN LAND BANK RULES*** For sale is a all brick two flat building featuring four total bedrooms, two bathrooms, and a full basement. Needs full rehab and conversion to a single family.
— the listing agent’s description

The home

4 beds
2 baths
Built in 1923
Lot 37X123
2-car garage
Two to Four Units
Brownstone

What it’ll cost

$7,190 taxes / yr
No HOA
7 days on dwello

Estimated monthly payment

$874/mo
Principal & interest$261
Property taxes$599
Homeowners insurance$14
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WED
Jun 3
THU
Jun 4
FRI
Jun 5
SAT
Jun 6
11:00 am
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7 days on dwello
Price history
Listed for sale
Jul 21, 2026
$49,000
Earlier records
Listed
Jan 25, 2026
$59,000
From MLS records — independently verify.
Property taxes
2025
Annual tax bill (MLS)
$7,190/yr
Assessed value
2025
County assessor
$13,000~$130,000 mkt
2024
$13,000~$130,000 mkt
2023
$13,000~$130,000 mkt
2022
$10,703~$107,030 mkt
2021
$10,703~$107,030 mkt
2020
$10,702~$107,020 mkt
2019
$12,825~$128,250 mkt
2018
$12,825~$128,250 mkt
Assessed value from the Cook County Assessor (open records). Estimated market ≈ assessed × 10 for residential; not an appraisal — verify with the assessor.

Features

Natural GasForced AirBrickPublic SewerYesDetached

Schools nearby

Lincoln Elementary School · 0.1 mi
Thornton Fractional High School North · 0.5 mi
Woodrow Wilson Elementary School · 0.7 mi
Wentworth Junior High School · 0.8 mi
Montessori Children's Schoolhouse · 0.9 mi
This listing didn’t include assigned schools, so these are the closest schools (OpenStreetMap) — not necessarily the attendance-zoned schools. Confirm assignment with the district.
Neighborhood
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Nearby places via OpenStreetMap — approximate; verify what matters to you. Map © Mapbox © OpenStreetMap.
MLS listing dataMRED
Listed by Tytus Cousins · Intellectual Real Estate Services and Investments
Listing last updated Jul 27, 2026 · data refreshed from the MLS Jul 27, 2026, 5:09 AM CT
Based on information submitted to the MLS GRID as of Jul 27, 2026, 5:09 AM CT. Listing data © MRED LLC, distributed by MLS GRID — deemed reliable but not guaranteed; independently verify. Anything shown below this point is not MLS listing data.
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