4002 S Calumet Avenue
Chicago, IL, 60653
$2,025,000
Beds
0 Baths
0 SqFt
0 Acres
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$2,025,000
4002 S Calumet Avenue
Chicago, IL, 60653
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Breathe Rare Air. The sellers of this property portfolio are not just seasoned investors; they are passionate visionary stewards with over 45 years of experience in branded high quality property development and management. Since 2007, they have meticulously curated each asset in the Bronzeville Collection, focusing on longevity, quality, and the future potential of every investment. Their deep industry expertise is evident in the thoughtful capital improvements, superior tenant satisfaction, and consistent high-quality decisions that have become hallmarks of their ownership. Every property reflects an unwavering commitment to excellence. Their approach integrates a long-term vision balancing aesthetic appeal and functionality while fostering strong tenant communities.One-of-A-Kind Unicorn Investment Opportunity set in Vibrant Bronzeville immediately adjacent the future 100M Bronzeville Trail connecting to Chicago’s world class Lakefront offering stately elegant masonry and limestone fully stabilized center entrance side by side 6 residential units + 7 gated parking spaces spanning UP TO 75 feet of frontage. Controlling Interest Extensive gut renovation and notable documented capital improvements offer abundant choice for numerous investment objectives. Cable heated gutters, composite 140 SF rear decks include super modern aluminum railings, with full plans and permits, extensive masonry & concrete improvements, tear off roof, replacement windows, premium mill work, artist sculptured iron fencing, inspired botanical garden park like setting rivaling arboretum status, zoned irrigation system inclusive of grounds and parkway controlled by phone app, flagstone pavers, exotic tree placards emulating the Chicago Botanical Gardens listing the origin, name and year planted, custom designed and built outdoor firepit with built in seating, unbelievable living wall canopied by Boston Ivy. Intelligent design, expansive and diverse floorplans, unit mix offering includes: (2) extraordinary 4-bedroom 2 1/2 bath duplexes which live like single family homes, (4) mammoth width exceptional 2-bedroom 2 baths all with generous, sophisticated flow, Superior attention to detail in all aspects realized in high tenant retention rates. Refined living, endless appointments, professional grade kitchens, inspired bathrooms, individual HVAC, washer dryers in unit, custom closets, window treatments, dimmers, designer lighting, heated floors, common area resort caliber with professional grade art offer a coveted branded lifestyle and a soft sampling of the exhausting list of unit features. Apartment reviews yielded a maintenance level rarely encountered. NOI 123,403K. Separate for Side lot available or purchase @ 4000 S Calumet. Please see Brokers private remarks for additional scaling opportunities.

Property Details

Price:
$2,025,000
MLS #:
MRD12275689
Status:
Active
Beds:
0
Baths:
0
Address:
4002 S Calumet Avenue
Type:
Commercial
Neighborhood:
CHI – Grand Boulevard
City:
Chicago
Listed Date:
Jan 22, 2025
State:
IL
ZIP:
60653
Year Built:
1900

Schools

Interior

Cooling
Central Air
Fireplaces Total
1

Exterior

Construction Materials
Brick, Stone

Financial

HOA Includes
Other
Net Operating Income
$123,403
Tax Year
2023
Taxes
$11,654
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Debra Dobbs is one of Chicago’s top realtors with more than 39 years in the real estate business.

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4002 S Calumet Avenue
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