USAILChicagoBronzeville4040 Calumet Ave
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$749,000

For Sale

6 months ago

4040 Calumet Ave, Chicago, IL

House

MLS® 12584754

8 Bed

4 Bath

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0

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size -
Garage 
Taxes $11,292
Days Active 14
Lot Size 0.07 Acres
Approx. Age 1893
MLS® Number 12584754

Property Address: 4040 Calumet Ave, Chicago, IL, 60653-2242

Average square foot calculated using Size range provided by listing agent.

Description

Exceptional investment opportunity in the heart of historic Bronzeville. This fully renovated three-unit building at 4040 S. Calumet Ave offers investors a rare turn-key asset with strong income and long-term appreciation potential. The property has undergone a complete rehabilitation in recent years, with significant updates throughout the building. Each unit is currently rented at above-market rents, providing immediate cash flow and stable tenancy for the new owner. The building has been well-maintained and updated, making it an ideal low-maintenance addition to an investment portfolio. With continued development and rising demand in Bronzeville, this property is well-positioned to benefit from long-term neighborhood growth and increasing property values. Located just minutes from downtown Chicago, residents enjoy easy access to public transportation, major expressways, and nearby amenities, including Washington Park, the Lake Michigan lakefront, and the DuSable Black History Museum and Education Center. The property is being sold in as-is condition and represents a rare opportunity to acquire a stabilized multi-unit in one of Chicago's most dynamic and rapidly appreciating neighborhoods.
MLS® Number12584754
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1893
BasementNone
Driveway
Garage Spaces
HeatNatural Gas, Forced Air
A/C

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Sep 8, 2026List Date
$749,000List Price
-End Date
Not Sold YetSold Price

For Sale

Sep 1, 2026List Date
$749,000List Price
-End Date
Not Sold YetSold Price

For Sale

Sep 1, 2026List Date
$749,000List Price
  • Commute

Commute

Starting Address
Destination Address
4040 Calumet Ave, Chicago, IL

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