5648 S Calumet Avenue
Chicago, IL, 60637
$799,000
5 Beds
2 Baths
0 SqFt
0 Acres
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$799,000
5648 S Calumet Avenue
Chicago, IL, 60637
MLS #MRD12762000 image #0MLS #MRD12762000 image #1MLS #MRD12762000 image #2MLS #MRD12762000 image #3MLS #MRD12762000 image #4MLS #MRD12762000 image #5MLS #MRD12762000 image #6MLS #MRD12762000 image #7MLS #MRD12762000 image #8
Discover a remarkable investment opportunity with this 100% occupied, income-producing 6-unit multifamily property, featuring long-term residents-some tenants have been here for over 20 years. This immaculate brick building not only generates immediate rental income but also represents a stable investment. The spacious unfinished basement offers endless possibilities for additional revenue by creating a future residential unit, pending zoning, permitting, and city approval. Buyer, please do your due diligence. Conveniently located near the Obama Presidential Center, Washington Park, and the University of Chicago, this property is ideal for savvy investors seeking reliable cash flow and the potential for future growth. Don’t miss out on this incredible opportunity to enhance your investment portfolio. Contact the listing agent today for more information and take the first step towards securing your financial future!

Property Details

Price:
$799,000
MLS #:
MRD12762000
Status:
Active
Beds:
5
Baths:
2
Type:
Commercial
Neighborhood:
chiwashingtonpark
Listed Date:
Sep 16, 2026
Year Built:
1892
Chi – Washington ParkChiwashingtonpark

Schools

Interior

Cooling
Window Unit(s)

Exterior

Construction Materials
Brick, Brick/Stone Msn Pred
Stories
3

Financial

Maintenance Fee
$1,000
Net Operating Income
$72,295
Tax Year
2025
Taxes
$8,851
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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 Commercial in Chicago as of Sep 30, 2026
906
Commercial Listed
187
Avg DOM
$1,020,378
Avg List Price

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Property Summary

    5648 S Calumet Avenue Chicago IL is a Commercial for sale in Chicago, IL, 60637. It is listed for $799,000 To schedule a showing of MLS#mrd12762000 at 5648 S Calumet Avenue in Chicago, IL, contact your Compass | Debra Dobbs | The Dobbs Group agent at 3123074909.
5648 S Calumet Avenue
Chicago, IL