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4-Unit Apartment Building
For Sale
Contact for pricing
Pending

7347 S Calumet Avenue, Chicago, IL 60619

Four 3-bedroom units with annual leases and no vacancies, plus large high-ceiling basements.

Property SizeContact for details
Days on Market209

Property Features for 7347 S Calumet Avenue

General Information

Standard status Pending
Total Parking Spaces 3
Property subtype Multifamily
Zoning MULTI
Occupancy 100%

Additional Details

Multifamily Units 4

Building Details

Year Built 1920
Tenancy Multi
Listing Agency: @properties
Listed By: Jonie Montalbano · License #IL 471016795
Source: Crexi
Added: Feb 10 Changed: Aug 8 Last Checked: Jul 24 at 12:31PM

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

Investment Insights

Based on property information with market context.

This 4-unit apartment building offers four 3-bedroom apartments, each with annual leases and no vacancies. The property includes large, high-ceiling basements that are ready for an investor to add two additional apartments.

The location is described as highly developing, with easy access to public transportation, including CTA buses, trains, and Metra.

Additional improvements include an extra-large lot and a 3-car garage, supporting practical on-site storage and parking for the property’s operations.

Key Highlights

  • Solid 4‑unit apartment building built in 1920
  • All 4 units are 3‑bedroom apartments with annual leases and no vacancies
  • Large, high‑ceiling basements that are ready for an investor to add 2 additional apartments

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Law Firm Kitchen & Bath Showroom Dental Office Skin Care Clinic (Bike/Boat/Book/etc) Store Plumbing Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

920
Businesses Nearby

Demographics for 60619, IL

63,303
Population
33,547
Households
1.9
Avg Household Size
43
Median Age
27%
College-Educated
90%
High-School Grad
6.1 sq mi
ZIP Area
10,378
Density / Sq Mi
$43,403
Median Household Income
$35,672
Median Earnings
$1,054
Median Rent
$213,000
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Four 3-bedroom units with annual leases and no vacancies, plus large high-ceiling basements.
Where is this quadplex located?
The property is located at 7347 S Calumet Avenue Chicago, IL.
What are key features of this property?
This property features: Solid 4‑unit apartment building built in 1920; All 4 units are 3‑bedroom apartments with annual leases and no vacancies; Large, high‑ceiling basements that are ready for an investor to add 2 additional apartments
(773) 631-8300 Call to check price and availability
More about this property
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