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
See this Listing
Schools
Interior
Cooling
Window Unit(s)
Exterior
Construction Materials
Brick
Stories
3
Financial
Maintenance Fee
$3,000
Tax Year
2024
Taxes
$12,716
Map
Community
- Address4522 S Calumet Avenue Chicago IL
- CityChicago
- CountyCook
- Zip Code60653
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

Copyright 2026. All rights reserved.
4522 S Calumet Avenue
Chicago, IL


