4957 S Calumet Avenue Chicago, IL ^$ 2,800,000

4957 S Calumet Avenue

^$ 2,800,000

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4957 S Calumet Avenue

Chicago, IL, 60615

^$ 2,800,000

Bedrooms2 Baths0.0

Monthly Estimate*

^$ 17,240

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Multi-Family Home for sale in Chicago, IL

for $2,800,000 with 2 bedrooms. This home was built in 1902 on a lot size of 0.15.

BRONZEVILLE / GRAND BOULEVARD - FOR SALE: Fully gut-rehabbed 15-unit multifamily property located in the Grand Boulevard section of Bronzeville. The building consists of fifteen (2BD/1BA) units, each updated with in-unit washer/dryers and individual furnaces. Major capital improvements include a new roof, new plumbing, new electrical, and updated hardware throughout. The property offers minimal operating expenses, with ownership responsible for water only. An excellent opportunity to acquire a turnkey, low-maintenance asset in a strong Chicago rental market.

Multi-Family Active

Price

^$ 2,800,000

Bedrooms

Property Type

Multi-Family

Taxes

^$ 34,421

Style

Lot Size

0.15

Year Built

1902

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12593803

Features

General

Year Built 1902

Stories Count 3

Tax Year 2024

Gross Income 284280

County Cook

Net Operating Income 197142

Operating Expense 72924

Insurance Expense 12000

Property Type Commercial Sale Multi Family 5+

MaintenanceExpense 4500

Status New

Directions Take I-90 E/I-94 E toward the Dan Ryan Expressway. Continue to Exit 56B for 47th St. From there follow 47th St then head south on Michigan Ave continue east on 50th St and follow it to Calumet Ave.

City Chicago

Number Of Units Total 15

MLS Area CHI - Grand Boulevard

Tax Annual Amount 34421

Electric Expense 360

Fuel Expense 0

Trash Expense 0

Water Sewer Expense 6000

Additional Parcels Y/N N

Standard Status Active

Exterior

Lot Dimensions 50x175

Lot Size Acres 0.15

* Excluded Features

List By

Horvath & Tremblay Il, Llc

Broker

dannybreiter@gmail.com

Affordability Calculator

$20,108

Per Month

Monthly Principal & Interest: $17,240
Monthly Property Taxes: $2,868
Monthly Home Insurance: --

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Loan Term

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.25% 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

Trends
Schools

Multi-family listings in Chicago, IL

Average List Price ^$618,637

Percent of Sale Price 78%

About Chicago, IL

2,755,380 Population

-4% Since 2002

^$53,088 Median Income

36.07 Median Age

25% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

565567 Elementary School

567955 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/20/2026	$2,800,000		Listed Price

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4957 S Calumet Avenue, Chicago, IL, 60615 is a Multi-Family Home for sale at $2,800,000 with a lot size of 0.15. 4957 S Calumet Avenue has 2 bedrooms, 0.0 baths, and was built in 1902. The property's zip code is 60615 which is in Chicago, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% 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.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Data is updated as of 3/20/2026.

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4957 S Calumet Avenue

Multi-Family Home for sale in Chicago, IL

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