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5942 S Calumet Ave Chicago, IL 60637

For Sale
$585,000

Residential Income, Greystone - Chicago, IL

Lot size:
0.07 Acres
Days on Market:
47
Last Refresh:
Dec 13 at 6:06 am

Property Features for 5942 S Calumet Ave

General Information

Property type
Residential Multi Family
Property subtype
Other
Standard status
Active
Zoning
MULTI
Rooms
Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
Bedrooms
12
APN
20153040320000
Parking
2
Lot size
0.07 Acres

Utilities

Heating system
Forced Air, Natural Gas

Building Details

Year built
1898
Roof type
Flat, Rubber
Architectural style
Other

OW Auction Group, LLC (630) 920-2115 [email protected]

Listing agent O'Neia Washington (630) 920-2115 License #471008905

Listing date Oct 28, 2025

MLS# 12504937 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

Chicago Greystone Multifamily Investment Opportunity

This three-unit greystone in Chicago, IL, presents an investment opportunity for an owner-occupant seeking potential rent-free living or an investor aiming for a strong return. Each unit features four bedrooms and one bathroom, along with separate utilities. Recent updates include electrical systems and water tanks for each unit. A new intercom system has been installed for convenient guest access. The building offers the potential for additional income through an ADU awaiting finishing touches. The property is located within minutes of Hyde Park, the University of Chicago, and the Obama Library, and is within walking distance of Washington Park. A CTA train and bus stop are less than one block away. A new community center is being built steps away from the property. Convenient access to the expressway, public transportation, schools, and shopping is available. New developments are underway in the surrounding area. The property is being sold as-is and is situated on a lot of approximately 0.07 acres.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Apartment buildings

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
-87.6178258
Latitude
41.7862402

FAQs

What type of property is this?
Apartment building - Three-unit greystone near Hyde Park with income potential.
Where is this apartment building located?
The property is located at 5942 S Calumet Ave Chicago, IL.
What is the asking price?
The asking price for this property is $585,000.
What are key features of this property?
This property features: - Great investment opportunity with potential for owner occupancy and rental income.; - Three units, each with 4 beds and 1 bath, and separate utilities.; - **Potential for additional income with an ADU ready to be finished.**
More about this property
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