5331 S Calumet - Four-Unit Apartment Building in Washington Park

5331 S Calumet Ave, Chicago, IL 60615

  • For Sale $1,199,000
  • Property Type Multi-Family
  • Property Size 6,148 SF
  • Units 4
  • Lot Size 0.12 Acre
  • Property Tenancy Multi-Tenant
  • Building Class C
  • Year Built 2007
  • Year Renovated 2025
  • Date Updated Apr 8, 2025
1/2 block south of 53rd, one block west of MLKFantastic 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 (April 1 lease at 5333 S Calumet unit 2 recently signed to highly qualified tenant at $2250), Unit 3 - $2350, and Unit 4 - $2850. 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.
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Highlights

  • 2007 condo-quality construction
  • Extensive repairs and upgrades in last 9 months

Contacts

broker
Gene Hart

33 Realty

Location

Getting Around

  • Walk Score ®

    73/100 Very Walkable

  • Transit Score ®

    74/100 Excellent Transit

  • Bike Score ®

    87/100 Very Bikeable
Powered by Walk Score ®
  • City Chicago, IL
  • Neighborhood Washington Park
  • Zip Code 60615
  • Market Chicago

Points of Interest

  • Garfield

    0.18 miles

  • 55th-56th-57th Street

    1.56 miles

  • 51st-53rd Street (Hyde Park)

    1.58 miles

  • 63rd Street

    1.85 miles

  • Halsted

    1.90 miles

  • 35th-Bronzeville-IIT

    2.43 miles

  • 35th-Bronzewille-IIT (34th Street Entrance)

    2.49 miles

  • Stony Island

    2.65 miles

  • South Shore

    3.48 miles

  • Western

    3.49 miles

  • Amstar

    0.18 miles

  • GoLo

    0.36 miles

  • Super Save

    0.37 miles

  • Shell

    0.78 miles

  • Citgo

    0.80 miles

  • BP

    0.85 miles

  • ChargePoint

    0.87 miles

  • The Roux

    0.95 miles

  • Mobil

    1.36 miles

  • eVgo

    4.86 miles

  • Garfield Park & Ride

    0.15 miles

  • Medical Campus Parking Garage B

    0.73 miles

  • Medical Campus Parking Garage A

    0.84 miles

  • Campus North Parking Garage

    0.88 miles

  • Parking/Materials Management

    0.89 miles

  • Campus South Parking

    1.10 miles

  • Lexington Parking Lot

    1.19 miles

  • Vue53 garage

    1.22 miles

  • Kimbark South Parking Garage

    1.47 miles

  • Chapin Hall Parking Lot

    1.53 miles

  • Sophy Hotel

    1.34 miles

  • The Study at the University of Chicago

    1.41 miles

  • Hyatt Place Chicago-South/University Medical Center

    1.49 miles

  • Best Motel

    1.53 miles

  • Chicago Lake Shore Hotel

    1.73 miles

  • Amber Inn Motel

    1.80 miles

  • Empire Motel

    2.93 miles

  • The Polo Inn

    3.05 miles

  • East of the Ryan

    3.28 miles

  • Benedictine Bed and Breakfast

    3.33 miles

  • Harold's Chicken Shack

    0.28 miles

  • Louisiana Famous Fried Chicken

    0.32 miles

  • Skidoe's Café & Grill

    0.33 miles

  • The Hot Dog Box

    0.33 miles

  • McDonald's

    0.34 miles

  • Friistyle

    0.35 miles

  • Burger King

    0.47 miles

  • Dunkin'

    0.49 miles

  • Sharks Fish & Chicken

    0.63 miles

  • Jimmy's Famous Burgers

    0.63 miles

  • Burke Elementary School

    0.05 miles

  • Chicago Baptist Institute

    0.27 miles

  • Walter H. Dyett High School

    0.36 miles

  • Edward W. Beasey Academy

    0.42 miles

  • ACE Technical Charter High School

    0.48 miles

  • Corpus Christi School

    0.53 miles

  • Educare Chicago

    0.55 miles

  • Carter School of Excellence

    0.60 miles

  • DuSable High School

    0.67 miles

  • Hales Franciscan High School

    0.71 miles

  • UChicago Child Development Center - Drexel

    0.76 miles

  • Child's World Academic Inc.

    1.80 miles

  • Shiloh Nursery

    2.13 miles

  • DJ Brooks Child Development Center

    2.55 miles

  • Englewood Messiah Lutheran Headstart

    3.12 miles

  • Childrens Hour Pre-School Center

    3.36 miles

  • Ada S. McKinley, Ersula Howard Child Care Center

    3.58 miles

  • Kenyatta's Day Care and Learning Center

    3.70 miles

  • Teddy Bear Pre-School

    3.82 miles

  • The Goddard School

    4.01 miles

Frequently Asked Questions

How much does 5331 S Calumet - Four-Unit Apartment Building in Washington Park cost?

The space currently listed for sale at 5331 S Calumet - Four-Unit Apartment Building in Washington Park asks for $1,199,000.

What is the total square footage of 5331 S Calumet - Four-Unit Apartment Building in Washington Park?

5331 S Calumet - Four-Unit Apartment Building in Washington Park totals 6,148 square feet.

When was this property built?

5331 S Calumet - Four-Unit Apartment Building in Washington Park was built in 2007.

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Contact Listing Broker
broker
Gene Hart

33 Realty

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