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4002 S Calumet AVE Chicago, IL 60653
UPDATED:
02/17/2025 06:06 AM
Key Details
Property Type Multi-Family
Sub Type Multi Family 5+
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12288826
Maintenance Fees $7,105
Year Built 1900
Annual Tax Amount $11,654
Tax Year 2023
Lot Dimensions 50 X 130
Property Sub-Type Multi Family 5+
Property Description
Breathe Rare Air. The sellers of this property portfolio are not just seasoned investors; they are passionate visionary stewards with over 45 years of experience in branded high quality property development and management. Since 2007, they have meticulously curated each asset in the Bronzeville Collection, focusing on longevity, quality, and the future potential of every investment. Their deep industry expertise is evident in the thoughtful capital improvements, superior tenant satisfaction, and consistent high-quality decisions that have become hallmarks of their ownership. Every property reflects an unwavering commitment to excellence. Their approach integrates a long-term vision balancing aesthetic appeal and functionality while fostering strong tenant communities.One-of-A-Kind Unicorn Investment Opportunity set in Vibrant Bronzeville immediately adjacent the future 100M Bronzeville Trail connecting to Chicago's world class Lakefront offering stately elegant masonry and limestone fully stabilized center entrance side by side 6 residential units + 7 gated parking spaces spanning UP TO 75 feet of frontage. Controlling Interest Extensive gut renovation and notable documented capital improvements offer abundant choice for numerous investment objectives. Cable heated gutters, composite 140 SF rear decks include super modern aluminum railings, with full plans and permits, extensive masonry & concrete improvements, tear off roof, replacement windows, premium mill work, artist sculptured iron fencing, inspired botanical garden park like setting rivaling arboretum status, zoned irrigation system inclusive of grounds and parkway controlled by phone app, flagstone pavers, exotic tree placards emulating the Chicago Botanical Gardens listing the origin, name and year planted, custom designed and built outdoor firepit with built in seating, unbelievable living wall canopied by Boston Ivy. Intelligent design, expansive and diverse floorplans, unit mix offering includes: (2) extraordinary 4-bedroom 2 1/2 bath duplexes which live like single family homes, (4) mammoth width exceptional 2-bedroom 2 baths all with generous, sophisticated flow, Superior attention to detail in all aspects realized in high tenant retention rates. Refined living, endless appointments, professional grade kitchens, inspired bathrooms, individual HVAC, washer dryers in unit, custom closets, window treatments, dimmers, designer lighting, heated floors, common area resort caliber with professional grade art offer a coveted branded lifestyle and a soft sampling of the exhausting list of unit features. Apartment reviews yielded a maintenance level rarely encountered. NOI 123.840.94K. Separate for Side lot available or purchase @ 4000 S Calumet. Please see Brokers private remarks for additional scaling opportunities.
Location
State IL
County Cook
Area Chi - Grand Boulevard
Zoning MULTI
Interior
Cooling Central Air
Fireplaces Number 1
Fireplace Y
Building
Dwelling Type Multi Family 5+
Level or Stories 3
Structure Type Brick,Stone
Others
HOA Fee Include Other
© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Karen Biazar • North Clybourn Group, Inc.