Updated Multifamily
For Sale
$749,000
4040 S Calumet Avenue, Chicago, IL 60653
Occupied units, renovated interiors, rear decks, and gated entry support an established residential income property.
Property SizeContact for details
Days on Market14
Property Features for 4040 S Calumet Avenue
General Information
Standard status
Active
Property subtype
MULTI_FAMILY
Site & Location
Highway Access
Yes
Public Transit
Yes
Taxes and HOA fees
Annual Taxes
$11,292
Amenities
spacious living areas
contemporary kitchens
stainless steel appliances
modern cabinetry
hardwood flooring
updated baths
multiple rear decks
gated entry
Building Details
Year Built
1893
Listing Agency:
RE/MAX Top Performers
Listed By:
Sophie Beaudoin
(847) 295-0800
Source:
Dawnmckennagroup
Added: Sep 8
Changed: Sep 20
Last Checked: Sep 21 at 7:41AM
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.
Built in 1893, this multifamily property combines historic Chicago architectural character with refreshed residential interiors. The occupied units feature generous living areas, contemporary kitchens with stainless steel appliances and modern cabinetry, hardwood floors, and upgraded bathrooms. Multiple rear decks provide outdoor space, while a gated entry adds controlled access.
The property is located at 4040 S Calumet Avenue in Chicago’s historic Bronzeville area, with access to downtown Chicago, the Lake Michigan lakefront, McCormick Place, the Obama Presidential Center, Washington Park, the DuSable Black History Museum and Education Center, public transportation, and major expressways. Cultural, dining, and recreational destinations are also located throughout the surrounding Bronzeville area.
The property is located at 4040 S Calumet Avenue in Chicago’s historic Bronzeville area, with access to downtown Chicago, the Lake Michigan lakefront, McCormick Place, the Obama Presidential Center, Washington Park, the DuSable Black History Museum and Education Center, public transportation, and major expressways. Cultural, dining, and recreational destinations are also located throughout the surrounding Bronzeville area.
Key Highlights
- Multifamily property at 4040 S Calumet Avenue, Chicago, IL 60653
- Constructed in 1893 with classic Chicago architectural character
- Units are currently occupied with established tenancy
Property Analytics
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Current Use
Lease Details
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
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Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Multifamily property - Occupied units, renovated interiors, rear decks, and gated entry support an established residential income property.
Where is this multifamily property located?
The property is located at 4040 S Calumet Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $749,000.
What are key features of this property?
This property features: Multifamily property at 4040 S Calumet Avenue, Chicago, IL 60653; Constructed in 1893 with classic Chicago architectural character; Units are currently occupied with established tenancy
