4240 S Calumet Avenue, Chicago, IL 60653
Stabilized 6-unit multifamily with gated parking spaces and extensively renovated masonry/limestone center entrance.
- Added:
- Jun 16, 2026
- Days on Market:
- 16
- Last Refresh:
- Jun 20 at 6:45 am
Property Features for 4240 S Calumet Avenue
General Information
- Standard status
- Active
- Property subtype
- Multifamily
Building Details
- Year Built
- 1900
Listing office North Clybourn Group, Inc.
Listing date Jun 16, 2026
Source Crexi
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All listing content including descriptions, pricing, images are the copyrighted material of North Clybourn Group, Inc.
HighLights
- Stabilized 6‑unit multifamily at 4240‑42 S Calumet with extensively renovated masonry/limestone center entrance
- 7.5% CAP and $127,872.17 NOI reported for the property portfolio
- 6 residences plus 8 gated parking spaces, spanning 50 feet of frontage
- Bronzeville location: about 1/4 block to the Green Line and about 2 blocks to the future $100M Bronzeville Trail to the Lakefront
- Unit mix includes (2) duplexes with 4 beds/3 baths and (4) units with 3 beds/2 baths
- Renovations and capital improvements include individual HVAC, in‑unit washer/dryers, heated floors, composite rear decking, and crown molding/exposed brick
Overview
Inside, the layout offers an expansive and diverse set of floorplans. The unit mix includes two duplex-style four-bedroom, three-bath homes and four three-bedroom, two-bath apartments. Across the homes you’ll find exposed brick and crown molding, individual HVAC, washer/dryers in unit, custom closets, window treatments with dimmers, and designer lighting. Several units include heated floors and composite rear decking, along with detailed millwork and professionally curated finishes in common areas.
The configuration is well suited for tenants seeking apartment living with single-family-like space, including in-unit laundry and individually controlled heating and cooling. Gated parking supports resident convenience, while the renovated building systems and landscaped grounds are designed to hold up over time.
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Chicago
- County
- Cook
- State
- Illinois
- Longitude
- -87.6187305
- Latitude
- 41.817172