5331 S Calumet Avenue
Chicago, IL, 60615 $ 1,055,000
Bedrooms12 Baths8.0 Sq 5,175 Monthly Estimate*
$ 6,582
for $1,055,000 with 12 bedrooms and 8 full baths. This 5,175 square foot home was built in 2007.
Fantastic four-unit, 2007 construction, owner-occupant investment opportunity in appreciating east Washington Park! Unit 4 has been rehabbed to feature modern improvements to be comparable to other new construction (in the area. All four units are 3-bed / 2-bath and three units have in-unit laundry hook-ups. All units have hardwood and tile throughout, modern appliances, gas-forced-heat / central air, granite counter tops, in-unit hot water tanks, and individual utilities. The residences are larger than most of the new construction in the area, ranging in size between 1,200 and 1,400 SF and feature separate dining & living areas. The property has had extensive improvements in the last year to the interior and exterior (please request detailed building improvement list from broker). Other notable features: steel porches with individual outdoor spaces, sump pump and grinder pump, breaker panels in-unit, five exterior parking spaces with automatic gate, common coin laundry, new carpet and paint in common hallway, granite countertops and islands, separate living and dining areas, and updated lighting and bathroom fixtures. All kitchens have refrigerators, dishwashers, gas stoves, built-in microwaves, garbage disposals, and condo-quality cabinetry. The current leases are below market: Unit 1 - 2000, Unit 2 - 2,250, Unit 3 - 2350, and Unit 4 - 2750. This is a fantastic opportunity for an owner-occupant to occupy one unit and benefit from the income from the other three units. 5333 S Calumet and 5644 S Prairie also available for sale. PLEASE REQUEST FULL MARKETING AND BUILDING INFORMATION FROM BROKER.
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FeaturesGeneralSewer Public Sewer
Heating Natural Gas
Possession Immediate Negotiable
Zoning MULTI
Construction Materials Brick
Year Built 2007
Township Hyde Park
Tax Year 2024
Ownership Fee Simple
Gross Income 112800
County Cook
Net Operating Income 94852
Insurance Expense 3448
New Construction N
Property Type Residential Income Two to Four Units
MaintenanceExpense 2400
Total Rooms 24
Status Price Change
Directions 55th / Garfield right/south on Calumet. Property is located on east side of street
City Chicago
High School District 299
MLS Area CHI - Washington Park
Tax Annual Amount 17140
Electric Expense 500
Fuel Expense 1000
Trash Expense 0
Water Sewer Expense 2400
Standard Status Active
Middle/Junior School District 299
Elementary School District 299
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InteriorBasement Finished Full
Total Bedrooms 12
Total Baths 8
Bedrooms Possible 12
Full Baths Building 8
Half Baths Building 0
Total Number of Units 4
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ExteriorParking Features Off Alley Off Street Yes
Water Source Public
Total Parking 5
Lot Dimensions 5131
Waterfront Y/N N
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* Excluded FeaturesList Bygene.hart@33realty.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $6,582
- Monthly Property Taxes
- $1,428
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Chicago, IL
Average List Price $615,846
Percent of Sale Price 42%
About Chicago, IL 2,755,380 Population
-4% Since 2002
$ 53,088 Median Income
36.07 Median Age
25% Households with Children
Trends Information provided by ATTOM Data Solutions.
566059 Elementary School
566846 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 12/8/2025 | $1,055,000 | -2.09% | Price Down |
| 11/17/2025 | $1,077,500 | -0.23% | Price Down |
| 11/12/2025 | $1,080,000 | -0.92% | Price Down |
| 10/27/2025 | $1,090,000 | -0.86% | Price Down |
| 9/25/2025 | $1,099,500 | -0.05% | Price Down |
| 9/5/2025 | $1,100,000 | -1.79% | Price Down |
| 8/18/2025 | $1,120,000 | -4.60% | Price Down |
| 7/7/2025 | $1,174,000 | -0.09% | Price Down |
| 5/24/2025 | $1,174,999 | 0.00% | Price Down |
| 5/19/2025 | $1,175,000 | -0.34% | Price Down |
| 5/5/2025 | $1,179,000 | -0.08% | Price Down |
| 5/2/2025 | $1,180,000 | -1.58% | Price Down |
| 4/8/2025 | $1,199,000 | | Listed Price |