Occupied Multifamily
4040 S Calumet Avenue, Chicago, IL 60653
For Sale
$749,000
Under Contract
Residential Income, Chicago, IL
Property SizeContact for details
Lot Size0.07 Acres
Days on Market60
Property Features for 4040 S Calumet Avenue
General Information
Property type
Property subtype
Zoning
Bedrooms
Bathrooms
Full bathrooms
Rooms
Window features
Lot features
Elementary school
Middle school
High school
Elementary school district
Middle school district
High school district
Directions
Subdivision
Standard status
APN
Lot size
Additional Details
Tenant in Place
Taxes and HOA fees
Tax Year
Tax Annual Amount
Utilities
Sewer type
Heating system
Water source
Amenities
gated entry
rear decks
Building Details
Year built
Building materials
Listing Agency:
RE/MAX Top Performers · RE/MAX International
Listed By:
Sophie Beaudoin
(847) 295-0800
Added: Sep 8
Changed: Oct 24
Last Checked: Nov 6 at 3:06PM
MLS# 12753628
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 brick multifamily property was built in 1893 and occupies a 0.07-acre lot. The building includes seven bedrooms and four bathrooms, with refreshed living areas, contemporary kitchens, stainless steel appliances, modern cabinetry, hardwood floors, and updated bathrooms. Multiple rear decks and a gated entry add exterior functionality and controlled access. Natural gas forced-air heat serves the property, with public water and public sewer.
Current occupancy provides an existing tenant base. The property is located at 4040 S Calumet Avenue in Chicago's 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. Zoning is MULTI.
Current occupancy provides an existing tenant base. The property is located at 4040 S Calumet Avenue in Chicago's 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. Zoning is MULTI.
Key Highlights
- Seven bedrooms and four bathrooms
- 0.07‑acre lot with a brick building constructed in 1893
- Current occupancy with established tenancy
Property Analytics
Who owns this building?
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Open Analytics
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
947
Businesses Nearby
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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
Properties on Market for Multifamily properties in Chicago
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Multifamily property - Brick multifamily building with updated interiors, outdoor decks, gated entry, and current tenancy.
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: Seven bedrooms and four bathrooms; 0.07‑acre lot with a brick building constructed in 1893; Current occupancy with established tenancy
