About This Home

This land at 501 155th Place in Calumet City, IL is listed for $50,000 (N/A).

Listing Description

BUILD-READY MULTIFAMILY DEVELOPMENT OPPORTUNITY - GARAGE AND UTILITIES ALREADY ON SITE. This vacant lot is currently zoned for multi-family residential use (2-6 units), offering great potential for an investor, builder, or developer looking to add to their portfolio.

The property already features a 2-car garage, and utilities are available on the property, helping to simplify the redevelopment process. Whether you're considering a duplex, multi-unit rental property, or another permitted residential project, this lot provides a strong starting point. Conveniently located near shopping, transportation, schools, and major roadways with easy access to surrounding Chicagoland communities. Bring your plans and take advantage of this ready-to-develop opportunity!

Location

501 155th Place

Calumet City, IL 60409

Questions & Answers

This 0-bedroom, 0-bathroom land at 501 155th Place is listed at $50,000. The estimated monthly payment is $268 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

This property is listed by Carla Common.

CC

Carla Common

Agent at Better Homes and Gardens Real Estate Connections

Listed by Better Homes and Gardens Real Estate Connections · Broker phone: (708) 295-6619 · View on Broker Site · Broker website

MLS# 12745666· Source: Midwest Real Estate Data, LLC· 65 days on PropertySimple

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

501 155th Place, Calumet City, IL 60409

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