4240 S Calumet Avenue, Chicago, IL 60653
- Added:
- Jun 10, 2026
- Days on Market:
- 4
- Last Refresh:
- Jun 13 at 12:06 pm
Property Features for 4240 S Calumet Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- MULTI
- Bedrooms
- 20
- Bathrooms
- 14
- Rooms
- Bathroom 6, Bathroom 3, Bedroom 6, Bathroom 1, Bedroom 2, Bedroom 4, Bedroom 14, Bathroom 2, Bedroom 3, Bedroom 20, Bedroom 13, Bathroom 5, Bathroom 13, Bedroom 5, Bathroom 11, Bathroom 10, Bathroom 7, Bedroom 11, Bedroom 15, Bathroom 4, Basement, Bathroom 12, Bedroom 10, Bedroom 1, Bathroom 14, Bedroom 19, Bedroom 16, Bedroom 7, Bedroom 9, Bedroom 12, Bathroom 9, Bathroom 8, Bedroom 8, Bedroom 18, Bedroom 17
- Basement
- Finished
- Standard status
- Active
- APN
- 20031120510000
- Lot size
- 0.15 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 14773
Utilities
- Cooling system
- Central Air
Building Details
- Year built
- 1900
- Floors in Building
- 3
- Number of units
- 6
- Building materials
- Brick, Stone
Listing agent Karen Biazar License #471003309 (773) 252-0600
Listing office North Clybourn Group, Inc. 2324 W North Ave, Chicago, IL (773) 252-0600
Listing date Jun 10, 2026
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.
HighLights
- 7.5 CAP with reported 127,872.17 NOI (please see broker’s private remarks for additional scalable opportunities)
- 6 residential units at 4240‑42 S Calumet with 8 gated parking spaces and 50 ft of frontage
- Unit mix includes two 4‑bedroom, 3‑bath duplexes plus four 3‑bedroom, 2‑bath units
- Extensive renovation and documented capital improvements; originally developed as condominiums
- Brick and stone construction with central air; individual HVAC plus in‑unit washer/dryers in multiple units
- Exterior landscaped features include craftsman iron fencing, cobbled granite pavers, and phone‑app controlled zoned irrigation
Overview
The exterior is described as having craftsman-designed iron fencing, cobbled granite pavers, and grounds with a botanical garden-like setting, including an irrigation system controlled by a phone app. Additional site finishes mentioned include edging banded in Cor-ten steel. The seller notes the property is in Bronzeville and references proximity to the Green Line and nearby park space.
Inside, the unit mix includes two 4-bedroom, 3-bath duplexes and four 3-bedroom, 2-bath units, with layouts described as featuring exposed brick and crown molding, individual HVAC, and in-unit washer/dryers. Additional in-unit and common-area attributes referenced include custom closets, window treatments, dimmers, designer lighting, heated floors, composite rear decking, and detailed millwork and furnishings. The combination of a small, stabilized building and multiple unit configurations may appeal to investors or operators seeking a turnkey, fully renovated multifamily footprint.
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Chicago
- County
- Cook
- State
- Illinois
- Longitude
- -87.618652
- Latitude
- 41.817169
