$199,900
$269,900 · just reduced
Calumet City, IL 60409
This is a Short Sale Property ... Instant Equity & Endless Possibilities - FHA 203K Streamline Eligible! All of your dreams have come to life...welcome home to a property that's brimming with style, space, and unbelievable potential. Nestled in one of Calumet City's most sought-after neighborhoods, this stunning custom home already boasts an incredible renovation, with just $10K-$15K of work needed to bring it to perfection. Here's the game-changer: Qualify for an FHA 203K Streamline loan and roll up to $25,000 into your mortgage to cover the finishing touches-no separate loan, no waiting. With this rare setup, you can move in, personalize the details, and build instant equity from day one. Step inside to find 4 spacious bedrooms, 3 full baths, a cozy family room with a fireplace, and a stylish cocktail lounge perfect for entertaining. The formal dining room sets the stage for unforgettable gatherings, while the brick exterior, 2-car garage, and oversized side drive offer ample parking for five or more vehicles. The lower level is a showstopper, featuring a private office or nanny's suite, recessed lighting, a spa-inspired bath, and new solid-core doors throughout. On one side, you'll enjoy the glow of a fireplace...on the other, a versatile bonus space ready to become your dream man cave, home theater, or luxe lounge. This property is location, layout, and long-term potential rolled into one. Whether you're an investor seeking strong returns or a homeowner looking to create something special, this is your moment to turn vision into reality. Opportunities like this don't last...especially with built-in financing for upgrades. Schedule your showing today and start creating the home...and value...you've been dreaming of! ... This is a Short Sale Property being sold as-is....
Estimated monthly cost for this home
$1,897/mo
Estimate only, not a quote or offer of credit. Rate starts from today's market rate (6.71%, 2026-09-03). Taxes from the listing's MRED record. Talk to a lender for real numbers; a Subdiview agent can introduce you to a good one.
| Current price | $199,900▼ $70,000 from original |
| Listed Jun 11, 2025 | $269,900 |
| 2023 property taxes | $9,664/yr |
From the listing's MRED record. MRED does not publish per-change dates through IDX, so price changes are shown without one rather than guessed.
MRED Broker ReciprocityThis listing is part of the MRED data exchange program provided courtesy of RE/MAX 10 Lincoln Park, listed by Monica Poland.
Information last updated Jun 10, 2026, 1:22 AM.
327 Marquette Avenue
Calumet City, IL 60409

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Call 224-385-8779Sourced from the MRED MLS feed. Last updated when the listing was modified.