7918 S Calumet Avenue Chicago, IL $ 630,000
7918 S Calumet Avenue
$ 630,000
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7918 S Calumet Avenue

Chicago, IL, 60619
$ 630,000
Bedrooms7 Baths0.0

Monthly Estimate*

$ 3,930

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Multi-Family Home for sale in Chicago, IL

for $630,000 with 7 bedrooms. This home was built in 1926.

Incredible Investment Opportunity! This well-maintained 9-unit multifamily building featuring separate living and dining areas in each unit, offering excellent rental appeal and consistent monthly revenue. Partially renovated, the property in few updated units, refinished hardwood floors, new kitchen countertops, and fresh paint throughout the common areas. Recent improvements include a new roof (2019), energy-efficient hot water tank, individual furnaces, and energy-saving upgrades throughout the building. The property is fully occupied, making it a true turnkey investment with a solid return. Additional highlights include a 6-car garage, enclosed back porches, potential storage areas for tenants, a property management office, and a large backyard perfect for summer gatherings or future enhancements. Don't miss your chance to own a stable income-producing asset in a strong rental market!

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Multi-Family Active

Price

$ 630,000

Bedrooms

7

Property Type

Multi-Family

Taxes

$ 7,333

Style

Year Built

1926

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12435373

Features
Interior
Basement Unfinished
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General
Zoning COMMR
Construction Materials Brick
Year Built 1926
Electric Circuit Breakers
Tenant Pays Electricity
Stories Count 2
Township Hyde Park
Tax Year 2023
Gross Income 78000
County Cook
Net Operating Income 49867
Operating Expense 28133
Insurance Expense 7684
Property Type Commercial Sale Multi Family 5+
MaintenanceExpense 400
Status Active
Directions Martin Luther King Dr to E. 79th west on 79th to Calumet south to address
City Chicago
Number Of Units Total 9
MLS Area CHI - Chatham
Tax Annual Amount 7333
Electric Expense 2004
Fuel Expense 1815
Trash Expense 2112
Water Sewer Expense 5885
Additional Parcels Y/N N
Standard Status Active
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Exterior
Foundation Details Concrete Perimeter
Lot Dimensions less than .25 acre
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* Excluded Features
List By
Prince Realty Group Llc

Broker

carlas@princerealtygroup.com; Carlas@princerealtygroup.com

Email

Affordability Calculator

$4,541
Per Month
87%
13%
0%
Monthly Principal & Interest
$3,930
Monthly Property Taxes
$611
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.
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Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/2/2025$630,000 Listed Price

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7918 S Calumet Avenue, Chicago, IL, 60619 is a Multi-Family Home for sale at $630,000. 7918 S Calumet Avenue has 7 bedrooms, 0.0 baths, and was built in 1926. The property's zip code is 60619 which is in Chicago, IL