$690,000
5838-40 S Calumet Avenue
Chicago, IL, 60637
Desirable 6 unit building in the rapidly emerging Woodlawn quadrant. Minutes from Hyde Park, University of Chicago, future Obama library and the Lakefront. All units are identical, with the second & third floors having large private wrought iron balconies bringing in a touch of the outdoors. Large rear fenced yard for tenant enjoyment. All rooms are generously sized, with excellent closet space. Yearly expenses are low- all tenant paid utilities . All units leased. 9% cap rate attractive to investors.
Property Details
Price:
$690,000
MLS #:
MRD11917136
Status:
Active Under Contract
Beds:
0
Baths:
0
Address:
5838-40 S Calumet Avenue
Type:
Commercial
City:
Chicago
Listed Date:
Oct 25, 2023
State:
IL
ZIP:
60637
Year Built:
1909
Schools
Interior
Cooling
None
Exterior
Construction Materials
Brick
Financial
Buyer Agent Compensation
2%Net Sale Price
Tax Year
2022
Taxes
$8,209
Debra Dobbs is one of Chicago’s top realtors with more than 39 years in the real estate business.
More About DebraMortgage Calculator
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