$1,705,000
4240 S Calumet Avenue
Chicago, IL, 60653
7.5 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. 129,752.03 NOI Please see brokers private remarks for additional scalable opportunities.
Property Details
Price:
$1,705,000
MLS #:
MRD12762023
Status:
Pending
Beds:
7
Baths:
5
Type:
Commercial
Neighborhood:
chigrandboulevard
Listed Date:
Sep 16, 2026
Year Built:
1900
Schools
Interior
Cooling
Central Air
Exterior
Construction Materials
Brick, Stone
Stories
3
Financial
Maintenance Fee
$5,491
Tax Year
2024
Taxes
$14,773
Debra Dobbs is one of Chicago’s top realtors with more than 42 years in the real estate business.
More About DebraMortgage Calculator
Map
Current real estate data for Commercial in Chicago as of Nov 07, 2026
876
Commercial Listed
180
Avg DOM
$1,024,643
Avg List Price
Community
- Address4240 S Calumet Avenue Chicago IL
- CityChicago
- CountyCook
- Zip Code60653
Subdivisions in Chicago
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- 212 East
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- East View Park
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- Edison Park Place
- El Lago
- Eldson
- Elm at Clark Condos
- Elysees
- Embassy Club
- Englewood Heights
- Erie on the Park
- Fair Elms
- Farallon
- Faulkner House
- Fernwood
- Fifty East
- Film Exchange Lofts
- Folio Square
- Fordham
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- Galewood
- Gallery 400
- Gallery Lofts
- Garden Courts
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- Hale Lofts
- Hampden Court Condos
- Hampton House
- Hanover House
- Harbor Point
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- Harbor View
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- Heart of Chicago
- Hearthstone
- Heritage Place
- Hermitage
- Hillards
- Humboltd Condos
- Huron Pointe
- Imperial Towers
- Indian Village
- Ingleside Court
- Irving Park Terrace
- Jackson Park Highlands
- Jarvis on the Lake
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- Jefferson Courte
- Jefferson Park Place
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- Joffrey Tower
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- Kinzie Park Tower
- Kinzie Station
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- Lake Shore Plaza
- Lake Shore Pointe
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- Lakefront Place
- Lakeside on the Park
- Lakeview Place
- Lakewood Balmoral
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- Landmark Village
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- Library Tower
- Lincoln Park Place
- Lincoln Park Towers
- Little Village
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- Longwood Towers
- Lunt Lake Co-Op
- Madison Manor
- Magnolia Glen
- Magnolia Square
- Malibu
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- Marquee
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- Marquette Row
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- Museum Park Place
- Museum Park Tower II
- Museum Park Tower III
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- Park Millennium
- Park Newberry
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- Park Place Tower
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- Park Tower
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- Ridgeland Park
- Ridgewood Flats
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- River East
- River Front Condos
- River North
- River Place on the Park
- River Plaza
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- Rivers Edge
- Riverview West
- Rogers Park
- Roscoe Village
- Rosemoor
- Royalton Towers
- Sacramento Gardens
- Sandburg
- Sandburg Village
- Sauganash
- Sauganash Park
- Schorsch Village
- Scottsdale
- Sexton Lofts
- Sheffields
- Sheldon Heights
- Shoreline Park
- Shoreline Towers
- Silver Tower
- Skybridge
- Smith Park Commons
- South Commons
- South Edgebrook
- Southport Corridor
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- Stratford South Commons
- Streeterville
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Property Summary
- 4240 S Calumet Avenue Chicago IL is a Commercial for sale in Chicago, IL, 60653. It is listed for $1,705,000 To schedule a showing of MLS#mrd12762023 at 4240 S Calumet Avenue in Chicago, IL, contact your Compass | Debra Dobbs | The Dobbs Group agent at 3123074909.

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4240 S Calumet Avenue
Chicago, IL





