4240 S Calumet Avenue
Chicago, IL, 60653
$1,835,000
Beds
0 Baths
0 SqFt
0 Acres
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$1,835,000
4240 S Calumet Avenue
Chicago, IL, 60653
MLS #MRD12354800 img 0MLS #MRD12354800 img 1MLS #MRD12354800 img 2MLS #MRD12354800 img 3MLS #MRD12354800 img 4MLS #MRD12354800 img 5MLS #MRD12354800 img 6MLS #MRD12354800 img 7MLS #MRD12354800 img 8MLS #MRD12354800 img 9MLS #MRD12354800 img 10MLS #MRD12354800 img 11MLS #MRD12354800 img 12MLS #MRD12354800 img 13MLS #MRD12354800 img 14MLS #MRD12354800 img 15MLS #MRD12354800 img 16MLS #MRD12354800 img 17MLS #MRD12354800 img 18MLS #MRD12354800 img 19MLS #MRD12354800 img 20MLS #MRD12354800 img 21MLS #MRD12354800 img 22MLS #MRD12354800 img 23MLS #MRD12354800 img 24MLS #MRD12354800 img 25MLS #MRD12354800 img 26MLS #MRD12354800 img 27MLS #MRD12354800 img 28MLS #MRD12354800 img 29MLS #MRD12354800 img 30MLS #MRD12354800 img 31MLS #MRD12354800 img 32MLS #MRD12354800 img 33MLS #MRD12354800 img 34MLS #MRD12354800 img 35MLS #MRD12354800 img 36MLS #MRD12354800 img 37MLS #MRD12354800 img 38MLS #MRD12354800 img 39MLS #MRD12354800 img 40MLS #MRD12354800 img 41MLS #MRD12354800 img 42MLS #MRD12354800 img 43MLS #MRD12354800 img 44MLS #MRD12354800 img 45MLS #MRD12354800 img 46MLS #MRD12354800 img 47MLS #MRD12354800 img 48MLS #MRD12354800 img 49MLS #MRD12354800 img 50MLS #MRD12354800 img 51MLS #MRD12354800 img 52MLS #MRD12354800 img 53MLS #MRD12354800 img 54MLS #MRD12354800 img 55MLS #MRD12354800 img 56MLS #MRD12354800 img 57MLS #MRD12354800 img 58MLS #MRD12354800 img 59MLS #MRD12354800 img 60MLS #MRD12354800 img 61MLS #MRD12354800 img 62MLS #MRD12354800 img 63MLS #MRD12354800 img 64MLS #MRD12354800 img 65MLS #MRD12354800 img 66MLS #MRD12354800 img 67MLS #MRD12354800 img 68MLS #MRD12354800 img 69MLS #MRD12354800 img 70MLS #MRD12354800 img 71MLS #MRD12354800 img 72MLS #MRD12354800 img 73MLS #MRD12354800 img 74MLS #MRD12354800 img 75MLS #MRD12354800 img 76MLS #MRD12354800 img 77MLS #MRD12354800 img 78MLS #MRD12354800 img 79MLS #MRD12354800 img 80MLS #MRD12354800 img 81MLS #MRD12354800 img 82MLS #MRD12354800 img 83MLS #MRD12354800 img 84MLS #MRD12354800 img 85MLS #MRD12354800 img 86MLS #MRD12354800 img 87MLS #MRD12354800 img 88MLS #MRD12354800 img 89MLS #MRD12354800 img 90MLS #MRD12354800 img 91MLS #MRD12354800 img 92MLS #MRD12354800 img 93
7.05 CAP 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. Every property reflects an unwavering commitment to excellence. From intelligent design choices to extensive renovations and improvements that prioritize durability, modernity, and lifestyle, they ensured no detail is overlooked. Their approach integrates a long-term vision with a hands-on philosophy, balancing aesthetic appeal and functionality while fostering strong tenant communities. A rare opportunity to obtain a sizeable AAA turnkey footprint from the best of the best. Welcome to 4240-42 S Calumet set in well located Dynamic Bronzeville 1/4 block to Green Line , Pendalton Park, 2 blocks to the future 100M Bronzeville Trail connecting to Chicago’s world class Lakefront offering a stately elegant masonry and limestone fully stabilized center entrance side by side 6 residential units + 8 gated parking spaces spanning 50 feet of frontage. Originally developed as condominiums, the development team de converted and completed an extensive renovation and notable documented capital improvements offering abundant choice for numerous investment objectives. Craftsman designed iron fencing, inspired botanical garden park like setting rivaling arboretum status, zoned irrigation system inclusive of grounds controlled by phone app, cobbled granite pavers, edging banded in Cor-ten steel often used for monumental sculptures like Chicago’s Picasso, exotic tree placards emulating the Botanical Gardens listing the origin, name and year planted. Intelligent expansive and diverse floorplans, unit mix offering includes: (2) extraordinary 4-bedroom 3 bath duplexes which live like single family homes, (4) expansive exceptional 3 bedroom 2 baths all with generous open flow, exposed brick, crown molding, individual HVAC, washer dryers in unit, custom closets, window treatments, dimmers, designer lighting, heated floors, composite rear decking, common area hotel caliber, intricate mill work and professional grade art offer a coveted branded lifestyle and a soft sampling of the exhausting list of unit features. 129,387.03 NOI Please see brokers private remarks for additional scalable opportunities.

Property Details

Price:
$1,835,000
MLS #:
MRD12354800
Status:
Active
Beds:
0
Baths:
0
Address:
4240 S Calumet Avenue
Type:
Commercial
Neighborhood:
CHI – Grand Boulevard
City:
Chicago
Listed Date:
May 6, 2025
State:
IL
ZIP:
60653
Year Built:
1900

Schools

Interior

Cooling
Central Air

Exterior

Construction Materials
Brick, Stone

Financial

HOA Includes
None
Maintenance Fee
$8,730
Net Operating Income
$129,387
Tax Year
2023
Taxes
$8,547
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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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4240 S Calumet Avenue
Chicago, IL