$998,900
5938-40 S Calumet Avenue
Chicago, IL, 60637
Vintage 1920’s 8 unit apartment building in the South Side’s emerging Woodlawn quadrant. All units have generous room sizes, nine foot ceilings, oroginal restored hardwood floors. All eight units have separate gfa furnaces and hot water tanks. The apartment mix consists of A: 5, 4 bedroom, 1 bath units, B. 1, 3 bedroom, 1 bath unit; C. 1 1 bedroom, 1 bath unit; D. 1 studio unit. All units are leased. Cap rate on property is 8.7 Note the spacious lot dimensions. Property has a large gated rear yard for tenant enjoyment . some parking off the alley
Property Details
Price:
$998,900
MLS #:
MRD11812675
Status:
Active
Beds:
0
Baths:
0
Address:
5938-40 S Calumet Avenue
Type:
Commercial
City:
Chicago
Listed Date:
Jun 19, 2023
State:
IL
ZIP:
60637
Year Built:
1920
Schools
Interior
Cooling
Central Air
Exterior
Construction Materials
Brick, Concrete, Stone
Roof
Tar and Gravel
Financial
Buyer Agent Compensation
2 % ON NETNet Sale Price
Tax Year
2021
Taxes
$7,664
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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