Bronzeville 6-Unit Brick Apartment
For Sale
$995,000
4522 S Calumet Avenue, Chicago, IL 60653
Fully-occupied 6-unit apartment building in Bronzeville with value-add potential.
Property Size5,238 SF
Lot Size0.14 Acres
Price / SF$150.76
Days on Market146
Property Features for 4522 S Calumet Avenue
General Information
Standard status
Active
Size
5,238 SF
Lot size
0.14 Acres
Property subtype
Commercial
Zoning
MULTI
Taxes and HOA fees
Annual Taxes
$12,716
Building Details
Building Size
5,238 SF
Year Built
1880
Stories
3
Units
6
Listing Agency:
@properties Commercial
(312) 337-0200
Listed By:
Kevin Rocio · License #IL475.128895
(312) 337-0200
Source:
Birdrealtysells
Added: Apr 1
Changed: Aug 23
Last Checked: Jul 23 at 9:25AM
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 @properties Commercial
Investment Insights
Based on property information with market context.
Located in Bronzeville, this 6-unit brick apartment building at 4522 S. Calumet Ave offers in-place income with upside potential. The property consists of two 3BD/1.5BA units and four 2BD/1BA units, totaling approximately 6,600 SF on a 6,000 SF lot. A full permitted renovation in 2014 included updated plumbing, electrical, porches, masonry repairs, and interior upgrades. The building is currently fully-occupied, presenting a value-add opportunity through cosmetic updates such as refinishing floors, fresh paint, and kitchen improvements to increase rents. Additional features include individual heating systems, individual hot water tanks, and three on-site parking spaces. Tenants are responsible for gas and electric, contributing to predictable operating costs. Situated in a rapidly evolving neighborhood, the property is near CTA Green and Red Lines, Interstate 90, Illinois Institute of Technology, the University of Chicago, and various retail and lifestyle amenities.
Key Highlights
- Strong in‑place income with clear upside potential.
- Fully occupied 6‑unit brick building with a desirable unit mix.
- Full permitted renovation in 2014 including updated plumbing and electrical systems.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,324
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?
Apartment building - Fully-occupied 6-unit apartment building in Bronzeville with value-add potential.
Where is this apartment building located?
The property is located at 4522 S Calumet Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: Strong in‑place income with clear upside potential.; Fully occupied 6‑unit brick building with a desirable unit mix.; Full permitted renovation in 2014 including updated plumbing and electrical systems.
