4522 S Calumet Avenue
Chicago, IL, 60653
$990,000
Beds
0 Baths
0 SqFt
0 Acres
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$990,000
4522 S Calumet Avenue
Chicago, IL, 60653
MLS #MRD12199894 img 0MLS #MRD12199894 img 1MLS #MRD12199894 img 2MLS #MRD12199894 img 3MLS #MRD12199894 img 4MLS #MRD12199894 img 5MLS #MRD12199894 img 6MLS #MRD12199894 img 7MLS #MRD12199894 img 8
4522 S. Calumet presents an exceptional investment opportunity: a meticulously gut-rehabbed six-unit walk-up in Chicago’s thriving Bronzeville neighborhood. This property perfectly blends historic charm with modern luxury, situated on a premier block among new construction townhomes. Its prime location offers easy access to the diverse amenities of Hyde Park, Kenwood, and Bronzeville, attracting quality tenants who appreciate high-end finishes and urban convenience. The building boasts an ideal unit mix, featuring two (2) spacious 3bed/1.5bath duplex units and four (4) well-appointed 2bed/1ba simplex units. Each apartment showcases updated kitchens with modern, open layouts and renovated bathrooms, appealing to discerning renters. Completely gut-rehabbed to the bricks in 2014-2015, the property has been overhauled from plumbing and electricity to floors, ceilings, and roof, ensuring low maintenance costs for years. Additional amenities include a fenced-in backyard and on-site parking for four vehicles, further enhancing its appeal. 4522 S. Calumet offers investors a rare opportunity to acquire a turnkey, cash-flowing asset in one of Chicago’s most promising and rapidly developing neighborhoods. With its strategic location, high-quality renovations, and strong rental demand, this property is poised for appreciation and stable returns in the burgeoning Bronzeville market.

Property Details

Price:
$990,000
MLS #:
MRD12199894
Status:
Active
Beds:
0
Baths:
0
Address:
4522 S Calumet Avenue
Type:
Commercial
Neighborhood:
CHI – Grand Boulevard
City:
Chicago
Listed Date:
Dec 10, 2024
State:
IL
ZIP:
60653
Year Built:
1882

Schools

Interior

Cooling
Window Unit(s)

Exterior

Construction Materials
Brick

Financial

Net Operating Income
$70,461
Tax Year
2023
Taxes
$5,715
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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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4522 S Calumet Avenue
Chicago, IL