For Sale40d on market
503 Webb St
Calumet City, IL, 60409 • 60409 • Cook County
$50,000
$46/sqft
Down payment assistance available
2Beds
1Baths
1,093Sqft
0.03 acLot
1945Built
Property DNA
Character Home
Built 1945 · 81 years of history
2-Car Garage
Yes · Detached · Garage
This home is getting attention
Listed 40 days ago · 253 views · 10 saves
Market activity
Demand and pricing signals for this listing
253 views
People checking out this listing
10 saves
Buyers have saved this home
40 days on market
Established listing
$46/sqft
Price per square foot
Selling Soon Prediction
ModerateThis home ranks in the top 44% of listings most likely to go under contract soon, based on market activity and demand signals.
Likelihood score
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About this home
Single Family · Built 1945
Welcome to 503 Webb St a prime opportunity for both savvy investors and future homeowners. This property is part of the South Suburban Land Bank program, offering a unique chance to acquire and transform a home with strong upside potential. Featuring a solid structure and functional layout, this home is ready for your vision. Whether you're an investor looking for your next rehab project or an owner occupant ready to create your dream home, the possibilities here are endless. With the right updates, this property can be brought back to life and customized to fit your goals. Located on a quiet residential street, the home is conveniently positioned near shopping, dining, schools, and major expressways, making it attractive for future resale or long-term living. Take advantage of this value-add opportunity through the South Suburban Land Bank and turn potential into profit or your perfect home.
Standout features identified
Our analysis highlights solid structure and functional layout as key attractions of this home.
Estimated monthly payment
Based on current rates
$326/month
Principal & Interest$259
Property Tax$50
Insurance$17
Down payment20% ($10,000)
3%50%
Est. 6.75% rate · 30yr fixed · $40,000 loan
Full calculator →At a glance
Key facts and listing details
TypeSingle Family Residence
Year Built1945
HeatingNatural Gas
CoolingCentral Air
Parking2 Garage spaces
Lot1,093 sqft
Days on Zillow40 Days
Price/sqft$46
Property
Home typeSingle Family
Sub-typeSingle Family Residence
Year built1945
Stories1
Systems
HeatingNatural Gas
CoolingCentral Air
ConstructionBrick
Water / SewerPublic / Public Sewer
Parking & Outdoor
ParkingYes, Detached, Garage
Garage2 spaces
BasementUnfinished,Full
Lot1,093 sqft
Location & Tax
Neighborhood60409
Annual tax$2,520
Parcel3017128015
Bathrooms & Fees
Full baths1
Features & details
5 categories of property features
Interior Features
Heating
Natural Gas
Cooling
Central Air
Accessibility
No Disability Access
Exterior Features
Parking
Yes
Detached
Garage
Construction
Brick
Room details
19 rooms detailed
Master Bedroom
Main11×13 ft143 sqft
Bedroom2
Main10×11 ft110 sqft
Bedroom3
Bedroom4
Other
Other
Listing insights
Market data and value estimates
StatusFor Sale
Days on market40
Est. rent$1,593/mo
Tax rate1.99%
Price/sqft$46
On marketFeb 27, 2026
PostedFeb 27, 2026
MLS statusActive
MLS updatedMar 4, 2026
Tour days6
Views253
Favorites10
How are the schools in Calumet City?
2 schools rated nearby
Location
Calumet City, IL, 60409
Price history
1 event
DateEventPrice$/sqftSource
Feb 27, 2026Listed For Sale$50,000$46MRED as distributed by MLS GRID
Listed For Sale$50,000
Feb 27, 2026•$46/sqft•MRED as distributed by MLS GRID
Tax history
25 years of records
YearTax paidAssessed value
Apr 9, 2023$2,520$7,872
Apr 9, 2022$2,639$7,066
Apr 9, 2021$2,760$7,066
Apr 9, 2020$2,731$7,066
Apr 9, 2019$2,067$6,288
Apr 9, 2018$2,033$6,288
Apr 9, 2017$2,000$6,288
Apr 9, 2016$2,601$6,520
Apr 9, 2015$2,432$6,520
Apr 9, 2014$2,464$6,520
Apr 9, 2013$2,722$7,435
Apr 9, 2012$2,654$7,435
Apr 9, 2011$2,679$7,435
Apr 9, 2010$2,838$9,413
Apr 9, 2009$2,477$9,413
Apr 9, 2008$2,202$9,908
Apr 9, 2007$2,171$9,104
Apr 9, 2006$1,994$9,104
Apr 9, 2005$1,832$9,104
Apr 9, 2004$1,883$7,739
Apr 9, 2003$1,857$7,739
Apr 9, 2002$1,439$7,739
Apr 9, 2001$596$6,571
Apr 9, 2000$1,000$6,571
Apr 9, 1999$1,000$6,571
Nearby homes
Neighborhood details
Local context around this listing
Calumet City, IL • Cook County
Nearby cities
Arlington HeightsChicagoCiceroDes PlainesElginEvanstonOrland ParkPalatine
Nearby zip codes
60409
Similar homes
Based on information submitted to the MLS GRID as of 2026. 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. [Click here for more information](/mls-disclaimers/#17)
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