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9-Unit Apartment Building with Garage
For Sale
$630,000

7918 South Calumet Avenue, Chicago, IL 60619

Partially renovated apartment property with individual furnaces, enclosed rear porches, and an on-site management office.

Property SizeContact for details
Days on Market417

Property Features for 7918 South Calumet Avenue

General Information

Standard status Active
Total Parking Spaces 6
Property subtype Multi Family 5+ / Flats
Zoning COMMR
Occupancy 100%
Net Operating Income $49,867

Additional Details

Multifamily Units 9

Taxes and HOA fees

Annual Taxes $7,333

Amenities

garage
enclosed back porches
property management office
large backyard

Building Details

Year Built 1926
Buildings 1
Stories 2
Listing Agency: Prince Realty Group LLC
Listed By: Carlas Gilbert · License #471018028
Source: Compass
Added: Jul 10, 2025 Changed: Aug 29 Last Checked: Aug 29 at 2:16PM

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 Prince Realty Group LLC

Investment Insights

Based on property information with market context.

This 9-unit apartment building offers separate living and dining areas within each residence, along with individual furnaces serving the units. Interior work includes refinished hardwood floors, updated kitchen countertops in select units, and newly painted common areas. Building improvements include a roof installed in 2019, an energy-efficient hot water tank, and additional energy-saving measures. Enclosed back porches, tenant storage areas, a management office, and a backyard add to the property’s functional features. A 6-car garage provides on-site covered parking. The building is fully occupied and classified COMMR under the stated zoning designation.

Located at 7918 South Calumet Avenue in Chicago, Illinois, the property is identified as having been built in 1926.

Key Highlights

  • 9‑unit apartment building with separate living and dining areas
  • 6‑car garage included with the property
  • Roof replacement completed in 2019

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Kitchen & Bath Showroom Skin Care Clinic Gym & Fitness Center (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

9
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

1,240
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
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Frequently Asked Questions

What type of property is this?
Apartment building - Partially renovated apartment property with individual furnaces, enclosed rear porches, and an on-site management office.
Where is this apartment building located?
The property is located at 7918 South Calumet Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $630,000.
What are key features of this property?
This property features: 9‑unit apartment building with separate living and dining areas; 6‑car garage included with the property; Roof replacement completed in 2019
More about this property
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