Chicago, IL 60615 5331 S Calumet Avenue
$1,179,000



73 more










































































Presented By: 33 Realty
Home Details
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.
Presented By: 33 Realty
Interior Features for 5331 S Calumet Avenue
Bedrooms
Bedrooms Possible12
Total Bedrooms12
Bathrooms
Full Baths Building8
Half Baths Building
Total Baths8
Other Interior Features
BasementFinished, Full
Total Number of Units4
General for 5331 S Calumet Avenue
CityChicago
Construction MaterialsBrick
CountyCook
Directions55th / Garfield, right/south on Calumet. Property is located on east side of street
Electric Expense500
Elementary School District299
Gross Income97200
HeatingNatural Gas
High School District299
Insurance Expense2750
MLS AreaCHI - Washington Park
MaintenanceExpense2000
Middle/Junior School District299
Net Operating Income75950
New ConstructionNo
OwnershipFee Simple
PossessionImmediate, Negotiable
Property TypeResidential Income
Property TypeTwo to Four Units
SewerPublic Sewer
Standard StatusActive
StatusPrice Change
Tax Year2023
Total Rooms24
TownshipHyde Park
Trash Expense0
Water Sewer Expense2800
Waterfront Y/NNo
Year Built2007
ZoningMULTI
Exterior for 5331 S Calumet Avenue
Lot Dimensions5131
Parking FeaturesOff Alley, Off Street, On Site
Total Parking5
Water SourcePublic
Additional Details
Price History
