$749,000
 $4,021 est/mo Sourced by Back At You

4040 S Calumet Avenue,Chicago, IL 60653

Chicago, IL 60653

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Description

Exceptional investment opportunity in the heart of historic Bronzeville. Welcome to 4040 S. Calumet Ave, a distinctive property offering classic Chicago architecture, beautifully updated interiors, outdoor space, and an outstanding location just minutes from downtown Chicago and the lakefront. Units are currently occupied, giving an investor the opportunity to acquire an established multifamily property with existing tenancy. The building features spacious living areas, contemporary kitchens, stainless steel appliances, modern cabinetry, hardwood flooring, updated baths, multiple rear decks, and a gated entry. The location adds tremendous appeal with convenient access to downtown Chicago, the Lake Michigan lakefront, McCormick Place, the Obama Presidential Center, Washington Park, the DuSable Black History Museum and Education Center, public transportation, major expressways, and the many cultural, dining, and recreational destinations surrounding historic Bronzeville. 4040 S. Calumet brings together the features investors want most: location, character, updated interiors, existing occupancy, outdoor space, and multifamily income potential. Opportunities like this deserve a closer look. Schedule your private showing and come see what 4040 S. Calumet has to offer.

Details

MLS #12753628
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1893
Days On Site15
Listing Provided ByRE/MAX Top Performers | Sophie Beaudoin

Features

Bed(s)7
Bath(s)4
ZoningMULTI
Acreage0.07

Interior

Rooms Total0
HeatingNatural Gas, Forced Air
Window FeaturesScreens

Exterior

Lot FeaturesLandscaped
Construction MaterialsBrick

Utilities

SewerPublic Sewer

Location

Community FeaturesPark, Curbs, Sidewalks, Street Lights, Street Paved

Taxes

Tax Year2024
Tax Annual Amount11292.07

Area Information

StateIL
CountyCook
CityChicago
Zip Code60653
AreaCHI Grand Boulevard
School DistrictPhillips Academy High School
Elementary SchoolWells Preparatory Elementary Sch
High SchoolPhillips Academy High School
Listing VS Median (in 60653)
Price:
$749,000
low | high
Med:
$289,000
100% of Average
On site:
15
low | high
Med:
51
29.411764705882% of Average
Sourced by Back At You

Market Activity 60653

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Additional Information


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Learn More About This Property

StateIL
CountyCook
CityChicago
Zip Code60653
AreaCHI Grand Boulevard
School DistrictPhillips Academy High School
Elementary SchoolWells Preparatory Elementary Sch
High SchoolPhillips Academy High School
Listing VS Median (in 60653)
Price:
$749,000
low | high
Med:
$289,000
100% of Average
On site:
15
low | high
Med:
51
29.411764705882% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $561K - $936K
sqft: 0 - 0
Nearby Listings Property ImageNearby Listings Details
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4130 S Calumet Avenue Property Photo 1
$1,225,000
4130 S Calumet Avenue
Chicago, IL 60653
Listing Updated: September 21, 2026 at 2:09:59 AM PDT