391 Madison, Calumet City, IL

$324,500

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8

Beds

About 391 Madison

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!

Features of 391 Madison

MLS® # 12709490
Price $324,500
Bedrooms 8
Bathrooms 0.00
Type Residential Income
Sub-Type Two to Four Units
Status Contingent
Taxes $14,295

Community Information

Address 391 Madison
Area Calumet City
City Calumet City
County Cook
State IL
Zip Code 60409

Amenities

Parking Spaces 3
Parking Detached, Garage
# of Garages 3
Is Waterfront No
New Construction No
Has Pool No

Interior

Heating Natural Gas
Fireplace No
Has Basement Yes
Basement Finished, Full

Exterior

Exterior Brick

School Information

District 130

Additional Information

Days on Market 10
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeMy Turn Realty & Co

Listing Map

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