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21-Unit Apartment 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 Market3

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 Bathroom 13, Bedroom 45, Bedroom 6, Bedroom 8, Bedroom 4, Bedroom 28, Bedroom 11, Bathroom 27, Bathroom 30, Bathroom 10, Bathroom 33, Bedroom 7, Bathroom 40, Bedroom 13, Bedroom 54, Bedroom 21, Bedroom 61, Bathroom 37, Bedroom 25, Bathroom 16, Bathroom 22, Bathroom 35, Bedroom 9, Bedroom 26, Bedroom 37, Bedroom 19, Bedroom 32, Bathroom 7, Bedroom 39, Bedroom 48, Bedroom 58, Bedroom 12, Bedroom 38, Bathroom 31, Bedroom 56, Bedroom 31, Bedroom 2, Bedroom 63, Bathroom 11, Bedroom 5, Bedroom 14, Bedroom 47, Bedroom 24, Bedroom 1, Bedroom 15, Bedroom 40, Bathroom 25, Bathroom 5, Bedroom 34, Bedroom 29, Bathroom 9, Bedroom 3, Bathroom 3, Bedroom 35, Bedroom 27, Bedroom 16, Bedroom 10, Bedroom 59, Bedroom 44, Bedroom 50, Bedroom 43, Bedroom 22, Bedroom 20, Bedroom 62, Bathroom 12, Bedroom 53, Bathroom 2, Bathroom 20, Bathroom 15, Bathroom 34, Bathroom 14, Bathroom 8, Bathroom 29, Bathroom 4, Bathroom 36, Bedroom 30, Bathroom 28, Bedroom 57, Bedroom 41, Bedroom 18, Bathroom 41, Bathroom 23, Bathroom 42, Bedroom 42, Bathroom 21, Bathroom 39, Bathroom 26, Bedroom 52, Bedroom 60, Bedroom 23, Bathroom 17, Bedroom 49, Bathroom 32, Bedroom 51, Bedroom 36, Bathroom 6, Bathroom 18, Bedroom 33, Bathroom 38, Bathroom 19, Bedroom 55, Bathroom 24, Bedroom 46, Bathroom 1, Bedroom 17
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

Amenities

stainless steel appliance package
quartz island
full backsplash
LVT flooring
breakfast nook
walk-in closet
spa-level bathroom
oversized shower
glass enclosure
black metal plumbing
high-efficiency furnaces
tankless hot water heaters
full window treatments
in-unit washer/dryer
private rear terrace
garage

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: Oct 15 Changed: Oct 17 Last Checked: Oct 17 at 5:06AM
MLS# 12786242

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.

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Investment Insights

Based on property information with market context.

This 21-unit apartment property comprises seven three-flat buildings in Chicago’s Bronzeville area. Each residence has three bedrooms and two bathrooms, with a private rear patio or deck. The buildings include three-car garages, and the property is identified as under construction with a 2025 year built.

Apartment interiors feature white cabinetry, stainless steel appliances, quartz islands with full backsplashes, and dedicated dining areas. Wide-plank LVT flooring runs throughout. Living areas include a breakfast nook, while primary suites have walk-in closets and bathrooms with oversized, glass-enclosed showers. Each unit is equipped with central air, a high-efficiency furnace, a tankless water heater, window treatments, and an in-unit washer and dryer. The property is zoned MULTI.

Key Highlights

  • 21 units across seven three‑flat buildings
  • Three bedrooms and two bathrooms in each unit
  • Three‑car garages and private rear patios or decks

Property Analytics

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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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Seven three-flat buildings provide three-bedroom homes with private outdoor space and 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: 21 units across seven three‑flat buildings; Three bedrooms and two bathrooms in each unit; Three‑car garages and private rear patios or decks
More about this property
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