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    11437 S Calumet Ave Chicago, IL 60628

    For Sale
    $230,000

    Residential Income - Chicago, IL

    Days on Market:
    34
    Last Refresh:
    Dec 14 at 4:06 pm

    Property Features for 11437 S Calumet Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    6
    APN
    25221170230000
    Parking
    2

    Utilities

    Heating system
    Natural Gas

    Building Details

    Year built
    1912
    Architectural style
    Other

    Manage Chicago, Inc (773) 569-7325 [email protected]

    Listing agent Damaris Santiago (773) 449-5151 License #475207620

    Listing date Nov 11, 2025

    MLS# 12472779 Listing URL

    Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Tenant-Occupied Home: Investment Opportunity

    This tenant-occupied 2-story home in Chicago, IL, presents a turnkey investment opportunity with cash flow from day one. The property features new windows, brand-new siding and capping, and low property taxes, making it a low-maintenance asset. The home offers a spacious layout with a large living room, oversized bedrooms, and an eat-in kitchen, suitable for long-term tenant retention. It also includes a 2-car garage and is located in a desirable area with consistent rental demand. This property is ideal for buy-and-hold investors looking to expand or start their portfolio with minimal hassle.
    Property Profile Location Intelligence

    Current Use by Public Records

    Single family properties

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.614053
    Latitude
    41.6861864

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    FAQs

    What type of property is this?
    Residential income property - Turnkey, cash-flowing, tenant-occupied 2-story home with upside potential.
    Where is this residential income property located?
    The property is located at 11437 S Calumet Ave Chicago, IL.
    What is the asking price?
    The asking price for this property is $230,000.
    What are key features of this property?
    This property features: - Turnkey, cash-flowing investment property with existing tenants.; - New windows, siding, and capping for low maintenance.; - Low property taxes.
    (773) 449-5151
    Request Owner's contact information
    11437 S Calumet Ave Chicago, IL 60628
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    Chicago, IL 60628
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    11437 S Calumet Ave Chicago, IL 60628
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