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21-Unit Apartment Building
For Sale
$6,995,000

3920-34 S Calumet Avenue, Chicago, IL 60653

Newer construction combines private outdoor space, garage parking, and detailed in-unit finishes.

Property SizeContact for details
Days on Market171

Property Features for 3920-34 S Calumet Avenue

General Information

Standard status Active
Zoning MULTI
Net Operating Income $401,854

Units

Unit Mix 21 x 3BR/2BA
Multifamily Units 21

Amenities

in-unit washer/dryer
private rear terrace
garage

Building Details

Year Built 2025
Buildings 7
Stories 3
Listing Agency: North Clybourn Group, Inc.
Listed By: LISA SANFORD · License #471003309
Source: Lisasanford.idxbroker
Added: Mar 13 Changed: Aug 30 Last Checked: Aug 30 at 1:08PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of North Clybourn Group, Inc.

Investment Insights

Based on property information with market context.

This multifamily property comprises seven newer-construction three-flat buildings with 21 total units. Every residence offers a three-bedroom, two-bath layout with an open living area, dedicated dining space, breakfast nook, primary suite, walk-in closet, and private rear terrace or deck. Interior finishes include white cabinetry, stainless steel appliances, quartz islands with full backsplashes, and wide-plank LVT flooring. Each apartment also has a high-efficiency furnace, tankless hot water heater, full window treatments, and in-unit washer and dryer.

The property includes three-car garages associated with each unit and secure premises. Located at 3920-34 South Calumet Avenue in Chicago’s Bronzeville area, the property carries MULTI zoning and was built in 2025.

Key Highlights

  • 21 total units across 7 three‑flat buildings
  • Every unit has 3 bedrooms and 2 baths
  • 3‑car garages serve each building

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm HVAC Service Auto Parts Store Building Supply Auto Repair Shop (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

21
Residential units

Location Intelligence

Trade Area within ½ mile

1,156
Businesses Nearby

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

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Newer construction combines private outdoor space, garage parking, and detailed in-unit finishes.
Where is this apartment building located?
The property is located at 3920-34 S Calumet Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $6,995,000.
What are key features of this property?
This property features: 21 total units across 7 three‑flat buildings; Every unit has 3 bedrooms and 2 baths; 3‑car garages serve each building
More about this property
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