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.
| MLS # | 12753628 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1893 |
| Days On Site | 15 |
| Listing Provided By | RE/MAX Top Performers | Sophie Beaudoin |
| Bed(s) | 7 |
|---|---|
| Bath(s) | 4 |
| Zoning | MULTI |
| Acreage | 0.07 |
| Rooms Total | 0 |
|---|---|
| Heating | Natural Gas, Forced Air |
| Window Features | Screens |
| Lot Features | Landscaped |
|---|---|
| Construction Materials | Brick |
| Sewer | Public Sewer |
|---|
| Community Features | Park, Curbs, Sidewalks, Street Lights, Street Paved |
|---|
| Tax Year | 2024 |
|---|---|
| Tax Annual Amount | 11292.07 |
| State | IL |
|---|---|
| County | Cook |
| City | Chicago |
| Zip Code | 60653 |
| Area | CHI Grand Boulevard |
| School District | Phillips Academy High School |
| Elementary School | Wells Preparatory Elementary Sch |
| High School | Phillips Academy High School |
| Listing VS Median (in 60653) | |
Price: $749,000 low | high Med: $289,000 On site: 15 low | high Med: 51 | |
| State | IL |
|---|---|
| County | Cook |
| City | Chicago |
| Zip Code | 60653 |
| Area | CHI Grand Boulevard |
| School District | Phillips Academy High School |
| Elementary School | Wells Preparatory Elementary Sch |
| High School | Phillips Academy High School |
| Listing VS Median (in 60653) | |
Price: $749,000 low | high Med: $289,000 On site: 15 low | high Med: 51 | |