# 501 155th Place, Calumet City, IL 60409

> **TL;DR:** land, $50,000. Est. $268/mo. Listed 67 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $50,000 |
| Property Type | Land (Other) |
| Status | Active |
| Days on Market | 67 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $253 |
| Estimated Insurance | $15 |
| **Total** | **$268** |

## Nearby Schools

- **Elementary:** Lincoln Elementary School
- **Middle:** Lincoln Elementary School

## Description

### Agent 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

- **Address:** 501 155th Place, Calumet City, IL 60409
- **County:** Cook
- **Coordinates:** 41.612671, -87.537317
- **Google Maps:** https://www.google.com/maps?q=41.612671,-87.537317

## Listing Agent

- **Name:** Carla Common
- **Brokerage:** Better Homes and Gardens Real Estate Connections
- **Broker Phone:** (708) 295-6619
- **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/501-155th-Pl_Calumet-City_IL_60409_M79706-48188?f=listhub&s=MREDIL&m=12745666&c=propsimple)

## Photos

![501 155th Place - Photo 1](http://lh.rdcpix.com/feaeeb899b7a58e3772a7c12ffc777bal-f4235874861r.jpg)

---

**MLS#:** 12745666 | **Updated:** 2026-10-20
**Source:** listhub

*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.*

[View on PropertySimple](https://staging.propertysimple.ai/listing/501-155th-place-calumet-city-il-60409-2d7ee68b500943668ea01d279a01498b)

---

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