$990,000
4522 S Calumet Avenue Chicago, IL 60653
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$990,000
Est. payment /mo
Active
4522 S Calumet Avenue Chicago, IL 60653
UPDATED:
11/07/2024 04:37 PM
Key Details
Property Type Commercial
Sub Type Multi Family 5+
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12199138
Year Built 1882
Annual Tax Amount $5,715
Tax Year 2023
Lot Dimensions 4700
Property Description
4522 S. Calumet presents an exceptional investment opportunity: a meticulously gut-rehabbed six-unit walk-up in Chicago's thriving Bronzeville neighborhood. This property perfectly blends historic charm with modern luxury, situated on a premier block among new construction townhomes. Its prime location offers easy access to the diverse amenities of Hyde Park, Kenwood, and Bronzeville, attracting quality tenants who appreciate high-end finishes and urban convenience. The building boasts an ideal unit mix, featuring two (2) spacious 3bed/1.5bath duplex units and four (4) well-appointed 2bed/1ba simplex units. Each apartment showcases updated kitchens with modern, open layouts and renovated bathrooms, appealing to discerning renters. Completely gut-rehabbed to the bricks in 2014-2015, the property has been overhauled from plumbing and electricity to floors, ceilings, and roof, ensuring low maintenance costs for years. Additional amenities include a fenced-in backyard and onsite parking for four vehicles, further enhancing its appeal. 4522 S. Calumet offers investors a rare opportunity to acquire a turnkey, cash-flowing asset in one of Chicago's most promising and rapidly developing neighborhoods. With its strategic location, high-quality renovations, and strong rental demand, this property is poised for appreciation and stable returns in the burgeoning Bronzeville market.
Location
State IL
County Cook
Zoning MULTI
Interior
Cooling Central Air
Fireplace N
Exterior
View Y/N true
Building
Structure Type Brick
© 2024 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Joe Zimmerman • Keller Williams ONEChicago
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