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391 Madison , Calumet City, IL 60409

$324,500
  • 391 Madison , Calumet City, IL 60409 Main Photo

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New to the Market New
BEDS8 BATHS5 full MLS#12709490
STATUSNew PROPERTY TYPEMulti Unit - Multiple SCHOOLDistrict 130

Property Description

Don't miss this incredible opportunity to own a spacious, income-producing legal 2-unit that's ideal for an owner-occupant, investor, or those seeking the perfect setup for related living. Each oversized unit features 3 generously sized bedrooms, a spacious living room, and a private half bath in the primary bedroom, offering comfort and functionality throughout. The fully finished basement provides additional living space with endless possibilities, making it ideal for extended family, recreation, or flexible use. Both units offer separate heating systems and central air conditioning, allowing for independent comfort and utility management. A coin-operated laundry area adds convenience and potential supplemental income. Outside, you'll find a full detached garage along with ample outdoor space. Whether you're looking to mortgage hack with rental income or expand your investment portfolio, this well-maintained multi-unit checks all the boxes. Conveniently located near schools, parks, shopping, dining, and major expressways, this property offers the perfect blend of space, versatility, and investment potential. Schedule your private showing today!

391 Madison | MLS# 12709490

This multi-family property located at 391 Madison , Calumet City, IL 60409 is currently listed for sale with an asking price of $324,500. Madison is located within the District 130 school district. Search Calumet City real estate on sdwyer.gogambino.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Finished, Full
Basement: Yes
Garage: 2.5
Heating: Natural Gas
Lot Size: 0.14 Acres
Taxes: $14,295

Feature Descriptions

Exterior: Brick
Lot Dimensions: 50x120
Parcel#: 29121190060000
Parking: Detached, Garage
Sewer: Public Sewer
Total Rooms: 18
Township: Thornton
Water: Public

Local Schools

School District: District 130

Listed By / Shown By

Listed By

Agency Name: My Turn Realty & Co
Agency Phone: 708-545-7480

Shown By

Agent Name: Stephen Dwyer
Agent Phone: Cell: (815) 289-3241
Agency Title: Gambino Realtors

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Estimated Payment

$ 2,759.88 per month $1,473.98 Principal & Interest $1,191.25 Property Tax $94.65 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 07/20/2026. The listing information on this page last changed on 07/20/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Mon 07/20/2026 2:22:56 AM EST) or MRED MLS (last updated Mon 07/20/2026 2:04:20 AM EST) or Rockford Board of Realtors (NWIAR) (last updated Sun 07/19/2026 10:16:02 PM EST) or Northern Illinois Commercial Association Realtors (last updated Sun 07/19/2026 2:10:08 PM EST). Real estate listings held by brokerage firms other than Gambino Realtors may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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