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About the Listing 3804 - 47282
Exceptional investment opportunity in the heart of historic Bronzeville. This fully renovated three-unit building at 4040 S. Calumet Ave offers investors a rare turn-key asset with strong income and long-term appreciation potential. The property has undergone a complete rehabilitation in recent years, with significant updates throughout the building. Each unit is currently rented at above-market rents, providing immediate cash flow and stable tenancy for the new owner. The building has been well-maintained and updated, making it an ideal low-maintenance addition to an investment portfolio. With continued development and rising demand in Bronzeville, this property is well-positioned to benefit from long-term neighborhood growth and increasing property values. Located just minutes from downtown Chicago, residents enjoy easy access to public transportation, major expressways, and nearby amenities, including Washington Park, the Lake Michigan lakefront, and the DuSable Black History Museum and Education Center. The property is being sold in as-is condition and represents a rare opportunity to acquire a stabilized multi-unit in one of Chicago's most dynamic and rapidly appreciating neighborhoods.
Listing Highlights
Status
Active
Days on Site
1
Property Type
Multi-Family
MLS ®
12584754
Year Built
1893
Total Square Footage
0
Lot/Acreage
0.07
County
Cook
School District
299
Elementary School
Wells Preparatory Elementary School
Middle School
Wells Preparatory Elementary School
High School
Phillips Academy High School
Interior Details
- Bedrooms: 8
- Bathrooms: 4 Full
- Appliances:
- Air Cond:
- Heating: Natural Gas,Forced Air
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: Landscaped
- Garage Capacity: N/A
- Parking Spaces: 0
- Lot Dimensions: 25x129x25x129
- Zoning: MULTI
- Roof:
- Others:
- Sewer: Public Sewer
Financial Details
- Tax Amount: $11,292
- Taxes w/Assessments: N/A
- Tax/Property ID: 20031100401004
- Tax Year: 2024
Payment Calculator
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Questions About..
4040 S Calumet Ave Chicago, IL 60653
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