Renovated Apartment Building with Gated
For Sale
$1,705,000
4240 S Calumet Avenue, Chicago, IL 60653
Commercial Sale, Chicago, IL
Property SizeContact for details
Lot Size0.15 Acres
Days on Market20
Property Features for 4240 S Calumet Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
MULTI
Bedrooms
20
Bathrooms
14
Full bathrooms
14
Rooms
Bedroom 4, Bathroom 9, Bedroom 12, Bedroom 14, Bathroom 7, Bedroom 18, Bathroom 12, Bedroom 19, Bathroom 5, Bathroom 3, Bedroom 8, Bathroom 1, Bedroom 3, Bathroom 10, Bathroom 2, Bathroom 11, Bedroom 6, Bathroom 14, Bedroom 16, Bedroom 11, Bedroom 1, Bedroom 20, Bedroom 7, Bedroom 5, Bathroom 4, Bedroom 15, Bedroom 17, Bathroom 6, Bedroom 9, Bedroom 13, Basement, Bedroom 2, Bedroom 10, Bathroom 8, Bathroom 13
Basement
Finished
Directions
KING DR TO 43 ST W TO CALUMET N TO ADDRESS.
Subdivision
CHI - Grand Boulevard
Standard status
Active
APN
20031120510000
Lot size
0.15 Acres
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
14773
Utilities
Cooling system
Central Air
Amenities
iron fencing
botanical garden park like setting
zoned irrigation system
cobbled granite pavers
Cor-ten steel edging
exotic tree placards
exposed brick
crown molding
individual HVAC
washer dryers in unit
custom closets
window treatments
dimmers
designer lighting
heated floors
composite rear decking
common area hotel caliber
intricate mill work
professional grade art
Building Details
Year built
1900
Floors in Building
3
Number of units
6
Building materials
Brick, Stone
Listing Agency:
North Clybourn Group, Inc.
(773) 252-0600
Listed By:
Karen Biazar · License #471003309
(773) 252-0600
Added: Aug 5
Changed: Aug 20
Last Checked: Aug 24 at 4:06AM
MLS# 12725600
Copyright © 2026 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.
Investment Insights
Based on property information with market context.
Located at 4240 S Calumet Avenue, this multifamily property contains six residential units and eight gated parking spaces on a 0.1491-acre parcel with 50 feet of frontage. The brick and stone building dates to 1900 and has undergone extensive renovation and documented capital improvements. Central air serves the property, while residences include individual HVAC, in-unit washers and dryers, custom closets, window treatments, designer lighting, exposed brick, crown molding, and heated floors.
The unit mix comprises two four-bedroom, three-bath duplexes and four three-bedroom, two-bath apartments. The property was originally developed as condominiums before conversion to its current multifamily configuration. Exterior improvements include iron fencing, landscaped grounds with phone-controlled irrigation, granite pavers, Cor-Ten steel edging, and composite rear decking. The property is located one-quarter block from the Green Line and near Pendleton Park, with the future Bronzeville Trail identified two blocks away.
The unit mix comprises two four-bedroom, three-bath duplexes and four three-bedroom, two-bath apartments. The property was originally developed as condominiums before conversion to its current multifamily configuration. Exterior improvements include iron fencing, landscaped grounds with phone-controlled irrigation, granite pavers, Cor-Ten steel edging, and composite rear decking. The property is located one-quarter block from the Green Line and near Pendleton Park, with the future Bronzeville Trail identified two blocks away.
Key Highlights
- Six residential units with a mix of two 4‑bedroom, 3‑bath duplexes and four 3‑bedroom, 2‑bath apartments
- 8 gated parking spaces and 50 feet of frontage on a 0.1491‑acre parcel
- Extensive renovation and documented capital improvements to a 1900 brick and stone building
Property Analytics
Property Profile
Current Use
Lease Details
6
Residential units
Location Intelligence
Trade Area within ½ mile
972
Businesses Nearby
Explore this area
Business Placement
Demographics for 60653, IL
33,146
Population
18,279
Households
1.8
Avg Household Size
37
Median Age
38%
College-Educated
90%
High-School Grad
2.4 sq mi
ZIP Area
13,811
Density / Sq Mi
$39,565
Median Household Income
$49,335
Median Earnings
$856
Median Rent
$347,800
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Masonry multifamily property with duplex residences, in-unit laundry, individual HVAC, and landscaped common grounds near the Green Line.
Where is this apartment building located?
The property is located at 4240 S Calumet Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $1,705,000.
What are key features of this property?
This property features: Six residential units with a mix of two 4‑bedroom, 3‑bath duplexes and four 3‑bedroom, 2‑bath apartments; 8 gated parking spaces and 50 feet of frontage on a 0.1491‑acre parcel; Extensive renovation and documented capital improvements to a 1900 brick and stone building
