4957 S Calumet Ave - Apartments FOR SALE


Chicago, IL 60615- Bronzeville
$2,800,000 USD
312-957-7213
4957 S Calumet Ave, Chicago, IL for Sale
$2,800,000 USD
Apartments - FOR SALE
1/9
null | 7.04% Cap Rate

4957 S Calumet Ave
Chicago, IL 60615
Bronzeville


HIGHLIGHTS

  • Access & Connectivity
  • Local Dining & Retail
  • Dynamic Chicago Location
  • Desirable Brick Construction
  • Separately Metered Utilities
  • Strong Rental Demographics & Demand

OVERVIEW

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the multi-family investment property located at 4957 S Calumet Ave in Chicago, IL (the “Property”). The three-story building contains fifteen (15) 2-Bedroom/1-Bathroom units with 15,000 square feet of gross living area in 16,000 square feet of gross area. The Property is situated upon a 0.15-acre parcel and offers on-street parking. 4957 S Calumet Avenue is well-positioned in Chicago’s historic Bronzeville neighborhood, offering strong access to downtown Chicago and the surrounding residential corridors. The property benefits from convenient connectivity to major thoroughfares including Lake Shore Drive and the Dan Ryan Expressway (I-90/I-94), providing efficient regional access throughout Chicago and the broader metropolitan area, while remaining within close proximity to neighborhood retail, public transit, and lakefront amenities that support long-term residential demand.

FOR SALE DETAILS

PRICE

$2,800,000 USD

PRICE/SF

$175 USD /SF

# OF UNITS

15

PRICE/UNIT

$186,667

CAP RATE

7.04%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

4957 S Calumet Ave

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1902

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,534 SF

ZONING

R

APN/PARCEL ID

20-10-117-014-0000

ASK ABOUT THIS PROPERTY

Danny BreiterHorvath & TremblayMore Info
312-957-7213

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Danny BreiterHorvath & TremblayMore Info
312-957-7213

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.