Three-Unit Greystone Income Property

5942 S Calumet Avenue Chicago Chicago, IL 60637

Claim this Listing
New
For Sale
$585,000

Greystone triplex with three 4-bedroom, 1-bath units, each with separate utilities and recently updated electrical and water tanks.

Type:Two to Four Units
Added:
Jul 9, 2026
Days on Market:
4
Last Refresh:
Jul 10 at 2:31 am

Property Features for 5942 S Calumet Avenue Chicago

General Information

Standard status
Active
Property subtype
Two to Four Units

Building Details

Year Built
1898

Listing office

Listing date Jul 9, 2026

Source Remaxadream

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 Luigui Corral


Investment Insights

Based on property information with market context.

This three-unit Greystone offers three separate 4-bedroom, 1-bath residences, each with its own utilities. The building features recently updated electrical and water tanks for each unit, and a new intercom system added for guest access. The property also has potential for additional income, with an ADU waiting for finishing touches.

The home is located within minutes of Hyde Park, the University of Chicago, the Obama Library, and Washington Park. Public transportation is nearby, with a CTA train and bus stop less than one block away, along with convenient access to the expressway, schools, and shopping.

Sold as-is, this property is suited for an owner-occupant or an investor seeking a multi-unit setup with independent utilities and room for additional improvement via the unfinished ADU.

Key Highlights

  • 3‑unit greystone triplex built in 1898, with 12 bedrooms total (3 units; 4 beds per unit) and 4 total baths
  • Each unit has 1 bath and separate utilities
  • Partially finished, full basement with walk‑out access

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Law Firm Building Supply HVAC Service Bakery Storage Facility Carpet & Flooring Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Tech Support Center (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Triplex - Greystone triplex with three 4-bedroom, 1-bath units, each with separate utilities and recently updated electrical and water tanks.
Where is this triplex located?
The property is located at 5942 S Calumet Avenue Chicago Chicago, IL.
What is the asking price?
The asking price for this property is $585,000.
What are key features of this property?
This property features: 3‑unit greystone triplex built in 1898, with 12 bedrooms total (3 units; 4 beds per unit) and 4 total baths; Each unit has 1 bath and separate utilities; Partially finished, full basement with walk‑out access
Contact an agent
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message