IL
Cook
Chicago
60653
4040 S Calumet Avenue, Chicago, IL 60653
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Listing Type
Multi Family
Listing Status
Active
1
$849,000

Home Details for 4040 S Calumet Avenue

Price
$849,000
Type
Residential Income
Bedrooms
8
Bathrooms
4.0
Square feet
NaN
Year built
1893
County
Cook
Garage
Basement
None
Days on site
0
MLS Listing#
12584754
Property Description

Exceptional investment opportunity in the heart of historic Bronzeville. This fully renovated three-unit building at 4040 S. Calumet Ave offers investors a rare turn-key asset with strong income and long-term appreciation potential. The property has undergone a complete rehabilitation in recent years, with significant updates throughout the building. Each unit is currently rented at above-market rents, providing immediate cash flow and stable tenancy for the new owner. The building has been well-maintained and updated, making it an ideal low-maintenance addition to an investment portfolio. With continued development and rising demand in Bronzeville, this property is well-positioned to benefit from long-term neighborhood growth and increasing property values. Located just minutes from downtown Chicago, residents enjoy easy access to public transportation, major expressways, and nearby amenities, including Washington Park, the Lake Michigan lakefront, and the DuSable Black History Museum and Education Center. The property is being sold in as-is condition and represents a rare opportunity to acquire a stabilized multi-unit in one of Chicago's most dynamic and rapidly appreciating neighborhoods.

Property Features
  • Heating Information
    • Natural Gas
  • Water Features
    • Public
  • Basement
    • None
Listing Courtesy: RE/MAX Top Performers - 847-295-0800
Midwest Real Estate Data logo Based on information submitted to the MLS GRID as of 2026-03-07 03:50:55. 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.
Last Updated: 2026-03-07 03:50:55
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Median Listing Price
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Market statistics compiled from data from Midwest Real Estate Data.
EXIT REALTY REDEFINED
1275 E. Butterfield Rd Suite 200, Wheaton, IL 60189
Roger Jenisch
License #: 471-013357
Broker of Record
Office
630 480 4555
Agent
773 682 8771
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