5341 S Calumet AVE Save Request In-Person Tour Request Virtual Tour
Chicago,IL 60615
Key Details
Property Type Multi-Family
Sub Type Multi Family 5+
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID 12491804
Year Built 1907
Annual Tax Amount $9,036
Tax Year 2023
Property Sub-Type Multi Family 5+
Property Description
WASHINGTON PARK - FOR SALE: Exceptional value-add opportunity in Chicago's Washington Park neighborhood. This 6-unit building features six (3BD/1BA) apartments, all currently vacant and ready for a full gut rehab. Once renovated, the property offers significant rental upside with strong demand and income potential for 3-bedroom units in the area. The layout also provides an opportunity to add two garden apartments. Key features include two 2-car garages and a sizable backyard lot. Ideally located minutes from the University of Chicago, public transit, and ongoing neighborhood development projects. Perfect for investors or developers seeking a high-upside reposition.
Location
State IL
County Cook
Area Chi - Washington Park
Building
Dwelling Type Multi Family 5+
Structure Type Brick