4040 S Calumet Avenue
Chicago, IL, 60653
$749,000
7 Beds
4 Baths
0 SqFt
0.07 Acres
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$749,000
4040 S Calumet Avenue
Chicago, IL, 60653
MLS #MRD12753628 image #0MLS #MRD12753628 image #1MLS #MRD12753628 image #2MLS #MRD12753628 image #3MLS #MRD12753628 image #4MLS #MRD12753628 image #5MLS #MRD12753628 image #6MLS #MRD12753628 image #7MLS #MRD12753628 image #8MLS #MRD12753628 image #9MLS #MRD12753628 image #10MLS #MRD12753628 image #11MLS #MRD12753628 image #12MLS #MRD12753628 image #13MLS #MRD12753628 image #14MLS #MRD12753628 image #15MLS #MRD12753628 image #16MLS #MRD12753628 image #17
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.

Property Details

Price:
$749,000
MLS #:
MRD12753628
Status:
Active
Beds:
7
Baths:
4
Type:
Multi Family
Neighborhood:
chigrandboulevard
Listed Date:
Sep 8, 2026
Year Built:
1893
Chi – Grand BoulevardChigrandboulevardWells Preparatory Elementary SchWells Preparatory Elementary SchPhillips Academy High School

Schools

School District:
299
Elementary School:
Wells Preparatory Elementary Sch
Middle School:
Wells Preparatory Elementary Sch
High School:
Phillips Academy High School

Interior

Heating
Natural Gas, Forced Air

Exterior

Community Features
Park, Curbs, Sidewalks, Street Lights, Street Paved
Construction Materials
Brick
Lot Features
Landscaped
Window Features
Screens

Financial

Tax Year
2024
Taxes
$11,292
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Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.

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Current real estate data for Multi Family in Chicago as of Sep 15, 2026
1,364
Multi Family Listed
82
Avg DOM
$527,600
Avg List Price

Community

Subdivisions in Chicago

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Property Summary

    4040 S Calumet Avenue Chicago IL is a Multi Family for sale in Chicago, IL, 60653. It is listed for $749,000 To schedule a showing of MLS#mrd12753628 at 4040 S Calumet Avenue in Chicago, IL, contact your Compass | Debra Dobbs | The Dobbs Group agent at 3123074909.
4040 S Calumet Avenue
Chicago, IL