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Brick Two-Flat with Walkout Basement
For Sale
Under Contract
$295,000

7424 S Calumet Avenue, Chicago, IL 60619

MULTI_FAMILY - Chicago, IL

Property SizeContact for details
Lot Size0.12 Acres
Days on Market119

Property Features for 7424 S Calumet Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 6
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 5, Bathroom 1, Bathroom 3, Bedroom 2, Bathroom 2, Bedroom 4, Bedroom 3, Basement, Bedroom 1, Bedroom 6
Parking 2
Parking features Garage
Basement Full, Partially Finished, Walk-Out Access
Elementary school district 299
Middle school district 299
High school district 299
Directions Take 71St Street to Calumet Turn South To Property
Subdivision CHI - Greater Grand Crossing
Standard status Active Under Contract
APN 20271220220000
Lot size 0.12 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 3376

Utilities

Heating system Natural Gas

Amenities

enclosed front balcony
walkout basement

Building Details

Year built 1915
Building materials Brick
Listing Agency: eXp Realty
Listed By: Riley Hextell
Added: Apr 13 Changed: Aug 2 Last Checked: Aug 9 at 11:06PM
MLS# 12556100

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.

Investment Insights

Based on property information with market context.

Well-maintained brick two-flat at 7424 S Calumet Avenue featuring two residential units and a full walkout basement that expands usable space. The first-floor layout includes a foyer leading to the living room and dining room, plus an enclosed front balcony accessible from the living room. The second bedroom includes a generous walk-in closet, and the second-floor unit offers a similar spacious arrangement.

A standout feature is the full walkout basement, accessible from Unit 1. The lower level includes an additional bedroom, a full bathroom, a living/dining area, and a kitchen, suited to extended living arrangements, an in-law suite setup, or additional rental flexibility.

Outside, the property offers a two-car garage and ample yard space for seasonal gatherings. Built in 1915, the home is heated with natural gas and sits on a 0.12-acre lot.

Key Highlights

  • Two residential units plus a full walkout basement accessible from Unit 1
  • Walkout basement includes an additional bedroom, full bathroom, living/dining area, and kitchen
  • Enclosed front balcony accessible from the first‑floor living room

Property Analytics

Current Use

Duplexes

Suggested Use

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

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

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?
Duplex - Well-maintained brick two-flat with an enclosed front balcony and walkout basement accessible from Unit 1.
Where is this duplex located?
The property is located at 7424 S Calumet Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $295,000.
What are key features of this property?
This property features: Two residential units plus a full walkout basement accessible from Unit 1; Walkout basement includes an additional bedroom, full bathroom, living/dining area, and kitchen; Enclosed front balcony accessible from the first‑floor living room
More about this property
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