Contact us: 563.441.1776
Description
This is an excellent opportunity to own a property in Calumet City. The building is in need of repairs & must be converted into a single family home. The building is located near schools, parks, retail, and public transportation. NO TERMITE OR SURVEY.PROPERTY SOLD AS-IS. PROOF OF FUNDS MUST ACCOMPANY OFFER. (PLEASE READ CAREFULLY TO ENSURE A SUCCESSFUL SUBMISSION OF YOUR OFFER: The property must be marketed for 10 days in the MLS before offers will be reviewed. During this time you should schedule a showing and then submit your offer if interested. Offers received during the 10 day marketing period will be sent in first for evaluation and selection therefore, your offer should reflect your highest and best. All offers MUST be submitted using the following: 1) A specifically modified 8.0 sales contract & SSLBDA addendum 2) The SSLBDA application and scope of work form 3) A proof of funds letter. Please submit these THREE items separately and NOT as one PDF. Failure to provide these THREE files will result in your offer not being submitted for review as you WILL NOT be contacted regarding missing documents. Proof of funds must reflect an amount that is sufficient to cover the purchase of the property AND the projected rehab costs. Additionally, the proof of funds letter must reflect the buyer's name or the name of their business. Screenshots of bank accounts that do not reflect the buyer's name will NOT be accepted. Notification of contract selection can take place within 5 to 7 days AFTER the 10 day marketing period.
Property Highlights
Property Type: Residential - Single Family
Total Living Area SF: 1,824
Garage Size: 2
Built in 1923
Elementary School: Lincoln Elementary School
Middle School: Lincoln Elementary School
Brick Exterior
General Information
Bedrooms: 4
Bathrooms: 2
Sqft: 1,824
County: Cook
Listed By:
Listing Leaders Northwest, Inc
219-961-5478
MRED MLS
MLS ID: 12784750
Room Information
Bedroom 2: 10X10
Bedroom 3: 10X10
Bedroom 4: 10X10
Kitchen: 12X12
Living Room: 10X15
Primary Bedroom: 12X10
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506 157th Street, Calumet City, IL 60409.
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $35,000 | $35,000 | $35,000 |
| Down Payment | $7,000 | $1,225 | $8,750 |
| Monthly Mortgage Amount | $186 | $229 | $227 |
| Taxes | $49 | $49 | $49 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $15 | $0 |
| Monthly Estimated Total | $335 | $393 | $376 |
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 10/20/2026. The listing information on this page last changed on 10/20/2026. 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 Tue 10/20/2026 12:07:44 AM EST) or MRED MLS (last updated Tue 10/20/2026 12:02:12 AM EST) or SCWMLS (last updated Mon 10/19/2026 11:55:03 PM EST) or Rockford Board of Realtors (NWIAR) (last updated Mon 10/19/2026 10:18:46 PM EST) or Cedar Rapids MLS (last updated Mon 10/19/2026 10:44:39 PM EST) or NEIRBR MLS (last updated Mon 10/19/2026 11:58:42 PM EST) or ICAAR MLS (last updated Mon 10/19/2026 11:37:27 PM EST) or ECIMLS (last updated Mon 10/19/2026 11:44:34 PM EST) or RMLSA (last updated Tue 10/20/2026 12:00:58 AM EST) or Muscatine MLS (last updated Tue 10/20/2026 12:00:10 AM EST) or No Coast MLS (last updated Tue 10/20/2026 12:04:24 AM EST). Real estate listings held by brokerage firms other than Ruhl&Ruhl 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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Member Participants (and their affiliated licensees, if applicable) shall indicate on their websites that IDX information is provided exclusively for consumers’ personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability.
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Privacy Policy / DMCA Notice / ADA Accessibility
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