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Residential Land for Sale in Calumet City, Illinois

501 155th Pl, Calumet City, IL 60409

$50,000
0.1 acres
Active sale
$5k drop
Est $349/mo

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!

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Sq feet

Location

Street address
501 155th Pl
Zip code
60409
Community
Calumet City
School district
156
Elevation
590 feet
Coordinates
41.6127, -87.5373

Directions

BURNHAM TO 156TH - EAST TO PRICE - NORTH TO 155TH PLACE.

Property details

Lot size
0.1 acres4,356 sq ft
MLS #
MRED 12745666
Posted

Parcels

  • 30171120610000

Details and features

Listing

Type
Land
Franchise
Better Homes and Gardens Real Estate

Structure

Sewer
Public Sewer

Nearby schools

NameTypeDistrict
Lincoln Elementary SchoolElementary156
Lincoln Elementary SchoolMiddle156

Listing history

DateEventPriceChangeSource
Oct 8, 2026Price drop$50,000$5,000 -9.1%MRED
Aug 31, 2026New listing$55,000—MRED
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This 0.1-acre property is located at 501 155th Pl in Calumet City, IL 60409. The property is available for sale, priced at $50,000. It has a structure.

Listed by Better Homes & Gardens Real Estate, (708) 295-6619

Checked 2 hours agoUpdated Source

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