5341 S Calumet Ave - Multi-Family FOR SALE


Chicago, IL 60615- Washington Park
$400,000 USD
312-957-7213
5341 S Calumet Ave, Chicago, IL for Sale
$400,000 USD
Multi-Family - FOR SALE
1/6
null | Request Cap Rate

5341 S Calumet Ave
Chicago, IL 60615
Washington Park


HIGHLIGHTS

  • Access & Connectivity
  • Local Dining and Shopping
  • High Upside Potential With Rent Growth
  • Off-Street Parking & Brick Construction
  • Strong Rental Demographics & Demand
  • Quality of Life Amenities

OVERVIEW

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the multi-family investment property located at 5341 S Calumet Avenue in Chicago, IL (the “Property”). The three-story building contains six (6) 3-Bedroom/1-Bathroom units with 9,000 square feet of gross living area and 9,600 square feet of gross area. The Property is situated upon a 0.21- acre parcel and offers four (4) off-street parking spaces. 5341 S Calumet Avenue is well-positioned along South Calumet Avenue in Chicago’s Bronzeville neighborhood, offering strong visibility and convenient access to surrounding residential and commercial corridors. The property benefits from proximity to major roadways, including Lake Shore Drive, I-90/94, and I-55, ensuring efficient regional access to downtown Chicago, Hyde Park, and the broader metropolitan area. Nearby retail, dining, educational, and cultural amenities contribute to the appeal of the location, with destinations such as the University of Chicago, Washington Park, and the lakefront just minutes away. Public transportation options, including multiple CTA bus routes and the Green Line, further enhance connectivity and accessibility for residents. Together, these features make 5341 S Calumet Avenue a well-situated property with strong long-term livability and tenant demand.

FOR SALE DETAILS

PRICE

$400,000 USD

PRICE/SF

$42 USD /SF

# OF UNITS

6

PRICE/UNIT

$66,667

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

5341 S Calumet Ave

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1909

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.21 AC

LAND SF

9,148 SF

ZONING

-

APN/PARCEL ID

-

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.