$990,000
( )
 $5,315 est/mo Sourced by Back At You

4522 S Calumet Avenue , Chicago, IL 60653

Chicago, IL 60653

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Description

4522 S. Calumet presents an exceptional investment opportunity: a meticulously gut-rehabbed six-unit walk-up in Chicago's thriving Bronzeville neighborhood. This property perfectly blends historic charm with modern luxury, situated on a premier block among new construction townhomes. Its prime location offers easy access to the diverse amenities of Hyde Park, Kenwood, and Bronzeville, attracting quality tenants who appreciate high-end finishes and urban convenience. The building boasts an ideal unit mix, featuring two (2) spacious 3bed/1.5bath duplex units and four (4) well-appointed 2bed/1ba simplex units. Each apartment showcases updated kitchens with modern, open layouts and renovated bathrooms, appealing to discerning renters. Completely gut-rehabbed to the bricks in 2014-2015, the property has been overhauled from plumbing and electricity to floors, ceilings, and roof, ensuring low maintenance costs for years. Additional amenities include a fenced-in backyard and on-site parking for four vehicles, further enhancing its appeal. 4522 S. Calumet offers investors a rare opportunity to acquire a turnkey, cash-flowing asset in one of Chicago's most promising and rapidly developing neighborhoods. With its strategic location, high-quality renovations, and strong rental demand, this property is poised for appreciation and stable returns in the burgeoning Bronzeville market.

Details

MLS#12199894
Listing TypeFor Sale
StyleTown House
Sub-TypeResale
StatusActive
Year1882
Days On Site59
Listing Provided ByJameson Sotheby's Intl Realty | Matthew Neistat

Features

Story(s)3
Units6
ZoningMULTI
Acreage4700.00

Market Activity 60653

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Learn More About This Property

StateIL
CountyCook
CityChicago
Zip Code60653
AreaCHI Grand Boulevard
Listing VS Median (in 60653)
Price:
$990,000
low | high
Med:
$227,450
100% of Average
On Site:
59
low | high
Med:
402.000000
14.676616915423% of Average
Sourced by Back At You
Listing Updated: January 9, 2025 at 9:44:23 AM PST