4235 S Calumet Avenue
Chicago, IL, 60653 $ 2,538,000
Bedrooms10 Baths0.0 Monthly Estimate*
$ 15,834
for $2,538,000 with 10 bedrooms. This home was built in 2008 on a lot size of 0.179339.
7.5 Cap Breathe Rare Air. The finest portfolio of properties in Bronzeville is available for sale for the first time. The Bronzeville Collection, from developers with 45 years of experience, hits all the metrics for a turn-key acquisition - intelligent designs, durable renovations, functionality, and strong resident communities with a history of high renewal rates and low delinquencies. Future owners will possess immediate value, combined with long-term rental growth. Intimate, Exclusive, Boutique Masonry 8-unit residential Mid-Rise elevator building with 10 gated parking spaces, spanning 62 feet of frontage set in an exceptionally well-located site within 1/4 block of the Green Line and Pendleton Park. Built as condominiums in 2008, the development team de-converted to luxury boutique housing, with upgraded interior and exterior common elements and living spaces. Capital improvements included, but were not limited, to the following: a) intricate artesian sculptured iron fencing; b) botanic garden; c) zoned irrigation system inclusive of grounds and parkway, controlled by an app; d) common area art and lighting; e) downspout & gutter heaters; e) extensive masonry upgrades. The unit mix is as follows: (1) 4 bedroom, 2 1/2 bath duplex; (1) 3 bedroom, 2 1/2 bath duplex; (6) 3- bedroom, 2 bath flats. Refined living includes the following: a) professional grade kitchens; b) under-cabinet lighting; c) gas fireplaces; d) multiple terraces front and rear; e) walk-in closets; f) resort inspired primary bathrooms with dual sinks, soaking tubs and separate showers; g) individual HVAC; h) in-unit, full-size washers and dryers; i) double-hanging stainless-steel closets organizers; j) window treatments; k) dimmers, designer lighting, premium mill work and more. 190,392.02 NOI Please see broker private remarks for further scaling opportunities.
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FeaturesGeneralCooling Central Air
Possession Closing Tenant's Rights
Zoning MULTI
Association Fee Includes None
Construction Materials Brick Block
Year Built 2008
Electric Circuit Breakers
Tenant Pays Air Conditioning Electricity Heat Other Hot Water
Stories Count 4
Township Hyde Park
Tax Year 2023
Current Use Multi-Family
Gross Income 278088
County Cook
Net Operating Income 190392
Operating Expense 73967
Insurance Expense 11174
Property Type Commercial Sale Multi Family 5+
MaintenanceExpense 7000
Possible Use Condominium
Status Pending
Directions King Drive to 43rd West to Calumet South to property
City Chicago
Number Of Units Total 8
MLS Area CHI - Grand Boulevard
Lot Size Square Feet 7812
Tax Annual Amount 23029.6
Electric Expense 2029
Fuel Expense 0
Trash Expense 2286
Water Sewer Expense 4231
Additional Parcels Y/N N
Standard Status Pending
Cap Rate 7.5
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InteriorBasement Finished
Total Fireplaces 8
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ExteriorFoundation Details Concrete Perimeter
Lot Dimensions 62 X 126
Frontage Type City Street
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* Excluded FeaturesList ByNorth Clybourn Group, Inc.Broker
karen@northclybourngroup.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $15,834
- Monthly Property Taxes
- $1,919
- 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 $618,348
Percent of Sale Price 76%
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 |
|---|
| 11/26/2025 | $2,538,000 | | Listed Price |