Three-Unit Building with
For Sale
$799,000
4040 S Calumet Avenue, Chicago, IL 60653
Fully renovated three-unit building with currently rented units and ongoing in-place cash flow potential.
Days on Market143
Property Features for 4040 S Calumet Avenue
General Information
Standard status
Active
Property subtype
MULTI_FAMILY
Occupancy
100%
Site & Location
Highway Access
Yes
Public Transit
Yes
Additional Details
Multifamily Units
3
Building Details
Year Built
1893
Buildings
1
Listing Agency:
RE/MAX Top Performers
(847) 295-0800
Listed By:
Sophie Beaudoin
Source:
Harkinsandassociates
Added: Mar 13
Changed: Jul 30
Last Checked: Aug 1 at 10:44AM
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 RE/MAX Top Performers
Investment Insights
Based on property information with market context.
This fully renovated three-unit building at 4040 S. Calumet Ave provides a stabilized residential income setup, with all units currently rented. The property has undergone complete rehabilitation in recent years, with significant updates throughout the building, supporting low-maintenance ownership. The building is being sold in as-is condition, and it was built in 1893.
The property is located in the heart of historic Bronzeville, just minutes from downtown Chicago. Residents have easy access to public transportation and major expressways, with nearby amenities including Washington Park, the Lake Michigan lakefront, and the DuSable Black History Museum and Education Center.
The property is located in the heart of historic Bronzeville, just minutes from downtown Chicago. Residents have easy access to public transportation and major expressways, with nearby amenities including Washington Park, the Lake Michigan lakefront, and the DuSable Black History Museum and Education Center.
Key Highlights
- Three‑unit residential income building with all units currently rented
- Complete rehabilitation and significant updates throughout the building
- Built in 1893
Property Analytics
Current Use
Lease Details
3
Residential units
100%
Occupancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
947
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Fully renovated three-unit building with currently rented units and ongoing in-place cash flow potential.
Where is this triplex located?
The property is located at 4040 S Calumet Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: Three‑unit residential income building with all units currently rented; Complete rehabilitation and significant updates throughout the building; Built in 1893
