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

3920-34 S Calumet Avenue, Chicago, IL 60653

Commercial Sale, Chicago, IL

Property SizeContact for details
Days on Market35

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 30, Bathroom 8, Bathroom 35, Bathroom 34, Bedroom 62, Bathroom 27, Bedroom 11, Bedroom 4, Bedroom 20, Bathroom 22, Bedroom 63, Bedroom 34, Bathroom 18, Bedroom 37, Bedroom 10, Bedroom 1, Bedroom 53, Bedroom 7, Bedroom 55, Bedroom 31, Bathroom 23, Bedroom 46, Bedroom 33, Bathroom 17, Bedroom 47, Bathroom 31, Bedroom 2, Bedroom 26, Bathroom 12, Bedroom 52, Bedroom 24, Bedroom 42, Bedroom 12, Bedroom 23, Bedroom 14, Bathroom 28, Bedroom 36, Bedroom 6, Bedroom 16, Bathroom 41, Bedroom 25, Bedroom 32, Bedroom 13, Bedroom 18, Bathroom 42, Bathroom 16, Bedroom 22, Bedroom 60, Bedroom 8, Bedroom 17, Bedroom 48, Bedroom 35, Bathroom 9, Bedroom 51, Bedroom 38, Bedroom 15, Bedroom 43, Bathroom 39, Bathroom 6, Bedroom 59, Bathroom 26, Bedroom 58, Bathroom 20, Bedroom 50, Bedroom 19, Bathroom 11, Bedroom 30, Bedroom 54, Bathroom 4, Bedroom 41, Bedroom 45, Bathroom 2, Bedroom 44, Bedroom 39, Bathroom 24, Bedroom 9, Bathroom 10, Bathroom 32, Bedroom 49, Bathroom 40, Bathroom 21, Bathroom 1, Bathroom 33, Bedroom 40, Bathroom 14, Bedroom 29, Bedroom 5, Bathroom 29, Bedroom 57, Bedroom 61, Bathroom 15, Bathroom 5, Bedroom 3, Bathroom 19, Bedroom 56, Bathroom 37, Bathroom 38, Bathroom 7, Bathroom 25, Bedroom 28, Bathroom 13, Bedroom 21, Bathroom 3, Bedroom 27, Bathroom 36
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 14 Last Checked: Oct 7 at 8:06AM
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

Unlock full access to Insights Subscribe to Realmo Intelligence
Open 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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

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
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved
Reason not saved — we won't ask again