5331 South Calumet Avenue, Chicago, IL

$1,045,000

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12

Beds

8

Baths

About 5331 South Calumet Avenue

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.

Features of 5331 South Calumet Avenue

MLS® # 12277868
Price $1,045,000
Bedrooms 12
Bathrooms 8.00
Acres 0.00
Year Built 2007
Type Residential Income
Sub-Type Two to Four Units
Status Active

Community Information

Address 5331 South Calumet Avenue
Area CHI - Washington Park
City Chicago
County Cook
State IL
Zip Code 60615

Amenities

Parking Spaces 5
Parking Off Alley, Off Street, Yes
Is Waterfront No
Has Pool No

Interior

Heating Natural Gas
Fireplace No
Has Basement Yes
Basement Finished, Full

Exterior

Exterior Brick

School Information

District 299

Additional Information

Days on Market 284
Zoning MULTI
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

Office33 Realty
Contact Info773-327-4975

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Listing information last updated on January 16th, 2026 at 10:08pm CST.