5648 S Calumet Avenue, Chicago, IL

$799,000

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About 5648 S Calumet Avenue

Discover a remarkable investment opportunity with this 100% occupied, income-producing 6-unit multifamily property, featuring long-term residents-some tenants have been here for over 20 years. This immaculate brick building not only generates immediate rental income but also represents a stable investment. The spacious unfinished basement offers endless possibilities for additional revenue by creating a future residential unit, pending zoning, permitting, and city approval. Buyer, please do your due diligence. Conveniently located near the Obama Presidential Center, Washington Park, and the University of Chicago, this property is ideal for savvy investors seeking reliable cash flow and the potential for future growth. Don't miss out on this incredible opportunity to enhance your investment portfolio. Contact the listing agent today for more information and take the first step towards securing your financial future!

Features of 5648 S Calumet Avenue

MLS® # 12762000
Price $799,000
Bathrooms 0.00
Year Built 1892
Type Commercial Sale
Sub-Type Multi Family 5+
Status New

Community Information

Address 5648 S Calumet Avenue
Area CHI - Washington Park
City Chicago
County Cook
State IL
Zip Code 60637

Amenities

Is Waterfront No
Has Pool No

Interior

Cooling Window Unit(s)
Fireplace No
Has Basement Yes
Basement Unfinished

Exterior

Exterior Brick, Brick/Stone Msn Pred

Additional Information

Days on Market 3
Zoning MULTI
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeLa Teresa Fenner

Listing Map

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