Corcoran Urban Real Estate
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22 Properties Within 0.5 miles of: 5331 S Calumet, Chicago

5331 S Calumet
Chicago, IL 60615

  • 12 Beds
  • Built In 2007
Price

$1,180,000

Est Payment
$8,222 / month (details)  
Beds
12  
Rooms
24  
Type
Two to Four Units  
Sq. Ft.
n/a  
Lot Size
5131  
Built
2007  
Neighborhood
Washington Park  
MLS
#12277868
Status
Active (24 days)

Property Description

Fantastic four-unit, 2007 construction, owner-occupant investment opportunity in appreciating east Washington Park! Unit 4 has been rehabbed to feature modern improvements to be comparable to other new construction (in the area. All four units are 3-bed / 2-bath and three units have in-unit laundry hook-ups. All units have hardwood and tile throughout, modern appliances, gas-forced-heat / central air, granite counter tops, in-unit hot water tanks, and individual utilities. The residences are larger than most of the new construction in the area, ranging in size between 1,200 and 1,400 SF and feature separate dining & living areas. The property has had extensive improvements in the last year to the interior and exterior (please request detailed building improvement list from broker). Other notable features: steel porches with individual outdoor spaces, sump pump and grinder pump, breaker panels in-unit, five exterior parking spaces with automatic gate, common coin laundry, new carpet and paint in common hallway, granite countertops and islands, separate living and dining areas, and updated lighting and bathroom fixtures. All kitchens have refrigerators, dishwashers, gas stoves, built-in microwaves, garbage disposals, and condo-quality cabinetry. The current leases are below market: Unit 1 - 2000, Unit 2 - 2,250 (April 1 lease at 5333 S Calumet unit 2 recently signed to highly qualified tenant at 2250), Unit 3 - 2350, and Unit 4 - 2850. This is a fantastic opportunity for an owner-occupant to occupy one unit and benefit from the income from the other three units. 5333 S Calumet and 5644 S Prairie also available for sale. PLEASE REQUEST FULL MARKETING AND BUILDING INFORMATION FROM BROKER.

Property Map

Property Details

Utilities

  • Heating Natural Gas
  • Cooling
  • Water Public
  • Sewer Public Sewer

Additional Information

Parking
5 Parking Spaces, Off Alley, Off Street
Schools
District 299

Payment Calculator

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Principal & Interest
$6,255
Property Tax
$98,333
Assessments
$0
Home Insurance
$0
Mortgage Insurance
$0

Listing History

04-08-2025 Listed at $1,199,000
05-02-2025 Price decreased by $19,000 to $1,180,000
Last Modified 5/2/25 5:34 AM

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 0.8 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 3.2 mi
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