4522 S Calumet Avenue
Chicago, IL, 60653
$995,000
14 Beds
7 Baths
0 SqFt
0.11 Acres
Add
MLS #MRD12606788 image #0
Investor alert in Bronzeville. Solid 6-unit brick apartment building located at 4522 S. Calumet Ave offering strong in-place income with clear upside. The property features two spacious 3BD/1.5BA units and four 2BD/1BA units, totaling approximately 6,600 SF on a 6,000 SF lot. The building underwent a full permitted renovation in 2014, including updated plumbing, electrical, porches, masonry repairs, and interior upgrades, providing investors with a solid operational foundation. Currently, fully-occupied, this asset presents a classic Bronzeville value-add opportunity with simple cosmetic updates like refinished floors, fresh paint, and kitchen improvements offer the ability to push rents toward market levels and unlock additional NOI. Additional highlights include individual heating systems, individual hot water tanks, and three on-site parking spaces. Tenants pay gas and electric, helping keep operating costs predictable. Positioned in one of Chicago’s fastest-evolving neighborhoods, the property sits near CTA Green and Red Lines, Interstate 90 access, Illinois Institute of Technology, the University of Chicago, and a growing list of retail and lifestyle amenities fueling continued demand. Stable building. Strong unit mix. Real upside. Opportunities like this in Bronzeville don’t stay available long.

Property Details

Price:
$995,000
MLS #:
MRD12606788
Status:
Active
Beds:
14
Baths:
7
Type:
Commercial
Neighborhood:
chigrandboulevard
Listed Date:
Apr 1, 2026
Total Sq Ft:
5,238
Lot Size:
4,699 sqft / 0.11 acres (approx)
Year Built:
1880
Chi – Grand BoulevardChigrandboulevard

Ask a Question

See this Listing

Send
  

Schools

Interior

Cooling
Window Unit(s)

Exterior

Construction Materials
Brick
Stories
3

Financial

Maintenance Fee
$3,000
Net Operating Income
$69,475
Tax Year
2024
Taxes
$12,716

Map

Community

Market Summary

Current real estate data for Commercial in Chicago as of May 15, 2026
897
Commercial Listed
190
Avg DOM
$1,025,112
Avg List Price

Property Summary

    4522 S Calumet Avenue Chicago IL is a Commercial for sale in Chicago, IL, 60653. It is listed for $995,000

Similar Listings Nearby

broker reciprocity
MLS# MRD12608499broker reciprocity
3122 S Morgan Street
Chicago, IL

$1,280,000

2.4 miles away

broker reciprocity
MLS# MRD12442792broker reciprocity
5159 W Diversey Avenue
Chicago, IL

$1,239,000

1.9 miles away

broker reciprocity
MLS# MRD12573303broker reciprocity
619 E Groveland Park
Chicago, IL

$1,200,000

1.5 miles away

broker reciprocity
MLS# MRD12499076broker reciprocity
2350 W Grand Avenue
Chicago, IL

$1,150,000

3.5 miles away

broker reciprocity
MLS# MRD12589496broker reciprocity
5720 S Michigan Avenue
Chicago, IL

$1,125,000

1.5 miles away

broker reciprocity
MLS# MRD12506571broker reciprocity
1813 S Ashland Avenue
Chicago, IL

$1,100,000

3.1 miles away

broker reciprocity
MLS# MRD12591459broker reciprocity
2435 S California Boulevard
Chicago, IL

$1,100,000

4.6 miles away

broker reciprocity
MLS# MRD12635126broker reciprocity
620 W Roosevelt Road
Chicago, IL

$1,095,000

4.0 miles away

broker reciprocity
MLS# MRD12614240broker reciprocity
2904 S Wells Street
Chicago, IL

$1,080,000

2.1 miles away

broker reciprocity
MLS# MRD12447562broker reciprocity
2312 W Touhy Avenue
Chicago, IL

$1,025,000

0.9 miles away

4522 S Calumet Avenue
Chicago, IL