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4241 S Calumet Avenue

Chicago, IL 60653
  • $574,999
  • STATUS: Active Under Contract
  • ON SITE: 33 Days
  • MLS #: 11618148
Under Contract
UPDATED: 73 min ago
$574,999
  • 12
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1899
County:

School Ratings & Info

School District:
299

Description

Bronzeville Jumbo - Legally zone 4 unit - 12 bedrooms/4 bathrooms - price to sell There are 4 spacious apartments total - Basement - 2bd/1ba, 2- 3bd/1ba, 1- 4bd/1ba apartment which need minor cosmetic updates. One unit is vacant, and the others are rented with long term loyal tenants. Building is Section 8 approved and has space for in-unit washer and dryer connection, separate utilities in each unit, dining room, kitchen, and living room. This is a legally assessed as 4-unit building - no outstanding city violations or zoning issues here. This is the perfect location for an Airbnb, savvy house hacker, or strategic investor to snatch up this investment today. Located steps away from entertainment, public transportation, minutes from the lake front and a quick commute to/from downtown make this the perfect place to live - with new construction all around - equals investment opportunities abound. Market rate rent for neighboring units post rehab range from 2000-2500 per floor. You crunch the numbers - this is the deal of the century. Long time owners are looking to sell, so it's your turn to reap the benefits. Schedule your confidential viewing today.

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© 2022 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or @properties. Based on information submitted to the MRED as of 2022-10-04T17:03:44.8 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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4241 S Calumet Avenue Chicago, IL 60653

  • Price: $574,999
  • Status: Active Under Contract
  • On Site: 33 Days
  • Updated: 73 min ago
  • MLS #: 11618148
12
Beds
0
Baths
0
½ Baths
N/A
Acres
1899
Built
Neighborhood:
Chi - Grand Boulevard
County:
Cook
Area:
Chi - Grand Boulevard
School District:
299
Property Description
Bronzeville Jumbo - Legally zone 4 unit - 12 bedrooms/4 bathrooms - price to sell There are 4 spacious apartments total - Basement - 2bd/1ba, 2- 3bd/1ba, 1- 4bd/1ba apartment which need minor cosmetic updates. One unit is vacant, and the others are rented with long term loyal tenants. Building is Section 8 approved and has space for in-unit washer and dryer connection, separate utilities in each unit, dining room, kitchen, and living room. This is a legally assessed as 4-unit building - no outstanding city violations or zoning issues here. This is the perfect location for an Airbnb, savvy house hacker, or strategic investor to snatch up this investment today. Located steps away from entertainment, public transportation, minutes from the lake front and a quick commute to/from downtown make this the perfect place to live - with new construction all around - equals investment opportunities abound. Market rate rent for neighboring units post rehab range from 2000-2500 per floor. You crunch the numbers - this is the deal of the century. Long time owners are looking to sell, so it's your turn to reap the benefits. Schedule your confidential viewing today.
Exterior Features

Exterior Building Type Brick Garage Onsite Yes Garage Ownersite N/A Garage Type Detached Lot Size .50-.99 Acre Multi Family Type 4 Story Unit/S Parking Details Garage Waterfront YN No

Interior Features

Basement Finished Basement Bathrooms YN No Basement Details Full Bedrooms Below Grade 0 Bedrooms Total 12 Full Baths In Building 4 Half Baths In Building 0 Heating Natural Gas Rooms Total 35

Property Features

Age 100+ Years Built Before1978 YN Yes Contingency Attorney/Inspection Continue To Show No - Has Seller Written Direction Corporate Limits Unincorporated General Information Commuter Bus Mls Actual Status Contingent New Construction YN No Ownership Fee Simple Rebuilt YN No Sewer Public Sewer Special Listing Conditions None Tax Annual Amount 6675.2 Tax Year 2020 Total Numberof Unitsin Building 4 Township Hyde Park Type Two To Four Units Water Source Lake Michigan

Listing information © 2022 Midwest Real Estate Data LLC.
Listing provided courtesy of Coldwell Banker Realty: 708-424-4000.


© 2022 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or @properties. Based on information submitted to the MRED as of 2022-10-04T17:03:44.8 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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737 North Michigan Avenue, Suite 1800
Chicago IL, 60611