4002 S Calumet Avenue
Chicago, IL, 60653 $ 1,850,000
Bedrooms6 Baths0.0 Monthly Estimate*
$ 11,542
for $1,850,000 with 6 bedrooms. This home was built in 1900.
Breathe Rare Air. The sellers of this property portfolio are not just seasoned investors; they are passionate visionary stewards with over 45 years of experience in branded high quality property development and management. Since 2007, they have meticulously curated each asset in the Bronzeville Collection, focusing on longevity, quality, and the future potential of every investment. Their deep industry expertise is evident in the thoughtful capital improvements, superior tenant satisfaction, and consistent high-quality decisions that have become hallmarks of their ownership. Every property reflects an unwavering commitment to excellence. Their approach integrates a long-term vision balancing aesthetic appeal and functionality while fostering strong tenant communities.One-of-A-Kind Unicorn Investment Opportunity set in Vibrant Bronzeville immediately adjacent the future 100M Bronzeville Trail connecting to Chicago's world class Lakefront offering stately elegant masonry and limestone fully stabilized center entrance side by side 6 residential units + 7 gated parking spaces Extensive gut renovation and notable documented capital improvements offer abundant choice for numerous investment objectives. Cable heated gutters, composite 140 SF rear decks include super modern aluminum railings, with full plans and permits, extensive masonry & concrete improvements, tear off roof, replacement windows, premium mill work, artist sculptured iron fencing, inspired botanical garden park like setting rivaling arboretum status, zoned irrigation system inclusive of grounds and parkway controlled by phone app, flagstone pavers, exotic tree placards emulating the Chicago Botanical Gardens listing the origin, name and year planted, custom designed and built outdoor firepit with built in seating, unbelievable living wall canopied by Boston Ivy. Intelligent design, expansive and diverse floorplans, unit mix offering includes: (2) extraordinary 4-bedroom 2 1/2 bath duplexes which live like single family homes, (4) mammoth width exceptional 2-bedroom 2 baths all with generous, sophisticated flow, Superior attention to detail in all aspects realized in high tenant retention rates. Refined living, endless appointments, professional grade kitchens, inspired bathrooms, individual HVAC, washer dryers in unit, custom closets, window treatments, dimmers, designer lighting, heated floors, common area resort caliber with professional grade art offer a coveted branded lifestyle and a soft sampling of the exhausting list of unit features. Apartment reviews yielded a maintenance level rarely encountered. Please see Brokers private remarks for additional scaling opportunities.
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FeaturesGeneralCooling Central Air
Possession Closing Tenant's Rights
Zoning MULTI
Association Fee Includes Other
Construction Materials Brick Stone
Year Built 1900
Electric Circuit Breakers
Tenant Pays Air Conditioning Electricity Heat Other Hot Water
Stories Count 3
Township Hyde Park
Tax Year 2023
Current Use Condominium Multi-Family
Gross Income 180168
County Cook
Net Operating Income 124415
Operating Expense 47763
Insurance Expense 13245
Property Type Commercial Sale Multi Family 5+
MaintenanceExpense 7105
Status Pending
Directions 43rd to Calumet North on Calumet to 4002 OR Pershing to Calumet South to 4002.
City Chicago
Number Of Units Total 6
MLS Area CHI - Grand Boulevard
Tax Annual Amount 11654.3
Electric Expense 515
Fuel Expense 0
Trash Expense 1526
Water Sewer Expense 3920
Additional Parcels Y/N Y
Standard Status Pending
Cap Rate 6.2
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InteriorBasement Finished
Total Fireplaces 1
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ExteriorFoundation Details Concrete Perimeter
Lot Dimensions 50 x 125
Frontage Type City Street
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* Excluded FeaturesList ByNorth Clybourn Group, Inc.Broker
karen@northclybourngroup.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $11,542
- Monthly Property Taxes
- $971
- 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 67%
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.
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 12/3/2025 | $1,850,000 | | Listed Price |