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New Construction Three-Flat Apartment Building
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3926 S Calumet Avenue, Chicago, IL 60653

Seven new construction three-bedroom, two-bath units each include in-unit washer/dryer and private rear patio or deck.

Property SizeContact for details
Days on Market109

Property Features for 3926 S Calumet Avenue

General Information

Standard status Active
Property subtype Multifamily

Amenities

full window treatments
in-unit washer/dryer
private rear terrace
secure premises

Building Details

Tenancy Multi
Listing Agency: North Clybourn Group, Inc.
Listed By: Alex Pudinoff · License #475165440
Source: Crexi
Added: Apr 24 Changed: Aug 8 Last Checked: Jul 21 at 11:55AM

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 new construction three-flat apartment building offers seven total 3-bedroom, 2-bath units designed for modern living. Each unit features a private rear patio or deck and a dedicated 3-car garage. Interiors include clean white cabinetry, stainless steel appliances, and a quartz island with full backsplash, along with dedicated dining areas and an open, bright living room. Flooring is wide-planked LVT, and the layouts include a breakfast nook and guest bedrooms sized for queen beds. The primary suite offers a walk-in closet and a spa-level bathroom with an oversized shower and glass enclosure.

Units are equipped with high-efficiency furnaces, tankless hot water heaters, full window treatments, and in-unit washer/dryer. The premises are secure and include attached parking via the 3-car garage. The property is located just a couple blocks from Mariano’s and is a short walk to the Indiana Green Line.

A 1-year warranty is included, with the building presented as turn-key for owner-occupancy or a future 1031 exchange.

Key Highlights

  • New construction 3‑flat with 7 total units, each offering 3 bedrooms and 2 bathrooms
  • Each unit includes a private rear patio or deck plus an in‑unit washer/dryer
  • Each unit has a 3‑car garage and the premises are secured

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

Multi-tenant
Tenancy

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 new construction three-bedroom, two-bath units each include in-unit washer/dryer and private rear patio or deck.
Where is this apartment building located?
The property is located at 3926 S Calumet Avenue Chicago, IL.
What are key features of this property?
This property features: New construction 3‑flat with 7 total units, each offering 3 bedrooms and 2 bathrooms; Each unit includes a private rear patio or deck plus an in‑unit washer/dryer; Each unit has a 3‑car garage and the premises are secured
More about this property
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