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

3920-34 S Calumet Avenue, Chicago, IL 60653

Commercial Sale, Chicago, IL

Property SizeContact for details
Days on Market2

Property Features for 3920-34 S Calumet Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Property condition Under Construction
Zoning MULTI
Bedrooms 63
Bathrooms 42
Full bathrooms 42
Rooms Bedroom 39, Bathroom 8, Bathroom 36, Bathroom 6, Bedroom 14, Bathroom 22, Bedroom 3, Bathroom 42, Bathroom 34, Bathroom 20, Bedroom 13, Bathroom 13, Bathroom 37, Bedroom 4, Bathroom 31, Bedroom 60, Bedroom 24, Bathroom 30, Bedroom 54, Bedroom 46, Bedroom 55, Bathroom 1, Bedroom 38, Bedroom 51, Bathroom 24, Bedroom 23, Bathroom 35, Bedroom 36, Bedroom 20, Bathroom 15, Bedroom 37, Bedroom 35, Bedroom 27, Bathroom 23, Bedroom 16, Bedroom 19, Bathroom 21, Bedroom 41, Bathroom 10, Bedroom 57, Bedroom 21, Bathroom 33, Bedroom 30, Bathroom 17, Bedroom 12, Bedroom 53, Bedroom 17, Bedroom 15, Bathroom 3, Bathroom 27, Bedroom 63, Bedroom 18, Bathroom 14, Bathroom 4, Bedroom 52, Bathroom 5, Bedroom 31, Bathroom 38, Bedroom 7, Bathroom 16, Bedroom 59, Bedroom 11, Bathroom 32, Bedroom 29, Bathroom 40, Bathroom 2, Bathroom 7, Bedroom 6, Bedroom 5, Bedroom 47, Bedroom 28, Bedroom 10, Bedroom 9, Bedroom 26, Bedroom 49, Bathroom 39, Bedroom 40, Bathroom 12, Bedroom 22, Bedroom 33, Bathroom 11, Bathroom 18, Bathroom 26, Bedroom 58, Bedroom 34, Bedroom 42, Bedroom 44, Bedroom 32, Bedroom 61, Bedroom 8, Bedroom 48, Bedroom 62, Bathroom 9, Bedroom 56, Bathroom 41, Bedroom 50, Bathroom 29, Bedroom 43, Bedroom 1, Bedroom 2, Bedroom 45, Bathroom 19, Bathroom 28, Bathroom 25, Bedroom 25
Directions Pershing Road to Calumet, head South to Property
Subdivision CHI - Grand Boulevard
Standard status Active
APN 20031040000000

Taxes and HOA fees

Tax Year 2024

Utilities

Cooling system Central Air

Building Details

Year built 2025
Floors in Building 3
Number of units 21
Building materials Brick, Block, Stone
Roof type Rubber
Listing Agency: North Clybourn Group, Inc.
Listed By: Karen Biazar · License #471003309
Added: Sep 3 Changed: Sep 4 Last Checked: Sep 4 at 1:06PM
MLS# 12751174

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.

This Chicago multifamily portfolio comprises seven three-flat buildings totaling 21 apartment units. Each residence has three bedrooms and two bathrooms, along with a rear patio or deck and access to a three-car garage. The buildings use brick, block, and stone construction, with rubber roofing and central air conditioning. The property is zoned MULTI and is identified as under construction, with a 2025 build year.

Interior specifications include white cabinetry, stainless steel appliances, quartz islands with full backsplashes, dedicated dining areas, and wide-plank LVT flooring. Living rooms include separate breakfast nooks, while primary suites feature walk-in closets and bathrooms with oversized glass-enclosed showers. High-efficiency furnaces, tankless hot water heaters, full window treatments, and in-unit washer and dryer are included throughout.

The property is located on S Calumet Avenue in Chicago’s Bronzeville area, within ZIP code 60653.

Key Highlights

  • Seven three‑flat buildings with 21 total apartment units
  • Every unit includes 3 bedrooms and 2 bathrooms
  • Rear patios or decks accompany all units

Property Analytics

Current Use

1031 exchange properties

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 - Seven three-flat buildings feature three-bedroom residences with private outdoor space and attached garage parking.
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: Seven three‑flat buildings with 21 total apartment units; Every unit includes 3 bedrooms and 2 bathrooms; Rear patios or decks accompany all units
More about this property
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