Fantastic four-unit, 2007 construction, owner-occupant investment opportunity in appreciating east Washington Park! Unit 4 has been rehabbed to feature modern improvements to be comparable to other new construction (in the area. All four units are 3-bed / 2-bath and three units have in-unit laundry hook-ups. All units have hardwood and tile throughout, modern appliances, gas-forced-heat / central air, granite counter tops, in-unit hot water tanks, and individual utilities. The residences are larger than most of the new construction in the area, ranging in size between 1,200 and 1,400 SF and feature separate dining & living areas. The property has had extensive improvements in the last year to the interior and exterior (please request detailed building improvement list from broker). Other notable features: steel porches with individual outdoor spaces, sump pump and grinder pump, breaker panels in-unit, five exterior parking spaces with automatic gate, common coin laundry, new carpet and paint in common hallway, granite countertops and islands, separate living and dining areas, and updated lighting and bathroom fixtures. All kitchens have refrigerators, dishwashers, gas stoves, built-in microwaves, garbage disposals, and condo-quality cabinetry. The current leases are below market: Unit 1 – 2000, Unit 2 – 2,250, Unit 3 – 2350, and Unit 4 – 2750. This is a fantastic opportunity for an owner-occupant to occupy one unit and benefit from the income from the other three units. 5333 S Calumet and 5644 S Prairie also available for sale. PLEASE REQUEST FULL MARKETING AND BUILDING INFORMATION FROM BROKER.
Property Details
Price:
$1,000,000
MLS #:
MRD12277868
Status:
Active
Beds:
12
Baths:
8
Type:
Multi Family
Neighborhood:
chiwashingtonpark
Listed Date:
Apr 8, 2025
Year Built:
2007
See this Listing
Schools
School District:
299
Interior
Heating
Natural Gas
Exterior
Construction Materials
Brick
Parking Features
Off Alley, Off Street, Yes
Parking Spots
5
Parking Total
5
Financial
Maintenance Fee
$2,400
Tax Year
2024
Taxes
$17,140
Map
Community
- Address5331 S Calumet Avenue Chicago IL
- CityChicago
- CountyCook
- Zip Code60615
Market Summary
Current real estate data for Multi Family in Chicago as of Jun 16, 2026
1,400
Multi Family Listed
80
Avg DOM
$531,096
Avg List Price
Property Summary
- 5331 S Calumet Avenue Chicago IL is a Multi Family for sale in Chicago, IL, 60615. It is listed for $1,000,000
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5331 S Calumet Avenue
Chicago, IL


