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31 Properties Within 0.5 miles of: 5319 S Calumet, Chicago

5319 S Calumet
Chicago, IL 60615

  • 12 Beds
  • Built In 1910
Price

$800,000

Est Payment
$4,413 / month (details)  
Taxes
$6,370  
Beds
12  
Rooms
24  
Type
Two to Four Units  
Sq. Ft.
n/a  
Lot Size
50 x 180  
Built
1910  
Neighborhood
Washington Park  
MLS
#12560849
Status
Active (4 days)

Property Description

Strategic Investment Opportunity: 4-Unit Value-Add Near Obama Center Unlock Immense Appreciation in a Growing Tech & Cultural Hub Position yourself at the forefront of Chicago's South Side revitalization with this high-yield 4-unit property. Perfectly situated "right up the street" from the landmark Obama Presidential Center, which is confirmed to open in June 2026. This is a rare "blank canvas" opportunity to capitalize on a neighborhood where home values have already increased since the project's announcement. Key Investment Highlights: INCOME POTENTIAL: Rare 4-unit configuration featuring a legal two-bedroom basement garden suite, maximizing your rental yield. SIGNIFICANT CAPEX ALREADY COMPLETED: Heavy lifting is done with a new roof, new front columns, and a new balcony. All exterior doors, the back porch, and the secure sliding gate are less than 2 years old. "BLANK CANVAS REHAB: The interior is ready for a complete modern transformation, allowing you to build immediate equity through renovations tailored to high-demand rental trends. PREMIER LOCATION: Benefit from the massive economic boom expected to draw tens of thousands of visitors annually to the surrounding Woodlawn and South Shore areas. "When it opens in June, this place will be spectacular!" REVIEW FROM A GOOGLE USER about Barack Obama presidential library SEIZE THE OPPORTUNITY TO DOUBLE YOUR EQUITY before the global spotlight hits. Schedule a walkthrough today to see the potential for yourself.

Property Map

Property Details

Utilities

  • Heating Forced Air, Radiant
  • Cooling
  • Water Public
  • Sewer Public Sewer

Additional Information

Parking
6 Parking Spaces, Yes
Schools
District 299

Payment Calculator

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Principal & Interest
$0
Property Tax
$0
Assessments
$0
Home Insurance
$0
Mortgage Insurance
$0

Listing History

02-05-2026 Listed at $800,000
Last Modified 2/5/26 7:32 PM

Nearby Transportation

  • Bus 3 0.1 mi
  • Bus 55 0.2 mi
  • Bus 15 0.3 mi
  • Bus 29 0.4 mi
  • Bus 4 0.6 mi
  • Bus 2 0.6 mi
  • Bus 24 0.6 mi
  • Bus 192 0.7 mi
  • Bus 59 0.7 mi
  • Bus 51 0.7 mi
  • Bus 47 0.8 mi
  • Bus 172 0.8 mi
  • Bus 171 0.8 mi
  • Bus 43 1.1 mi
  • Bus 63 1.2 mi
  • Green Line 0.2 mi
  • Red Line 0.7 mi
  • ZipCar 0.2 mi
  • I 90 West 0.7 mi
  • I 94 West 0.7 mi
  • I 90 East 0.8 mi
  • I 94 East 0.8 mi
  • I 55 North 3.1 mi
  • I 55 South 3.1 mi
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