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$ 2,789,000
Est. payment /mo
Active
4235 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 12288842
Maintenance Fees $15,562
Year Built 2008
Annual Tax Amount $17,757
Tax Year 2023
Lot Dimensions 62 X 126
Property Sub-Type Multi Family 5+
Property Description
Breathe Rare Air. The finest portfolio of properties in Bronzeville is available for sale for the first time. The Bronzeville Collection, from developers with 45 years of experience, hits all the metrics for a turn-key acquisition - intelligent designs, durable renovations, functionality, and strong resident communities with a history of high renewal rates and low delinquencies. Future owners will possess immediate value, combined with long-term rental growth. Intimate, Exclusive, Boutique Masonry 8-unit residential Mid-Rise elevator building with 10 gated parking spaces, spanning 62 feet of frontage set in an exceptionally well-located site within 1/4 block of the Green Line and Pendleton Park. Built as condominiums in 2008, the development team de-converted to luxury boutique housing, with upgraded interior and exterior common elements and living spaces. Capital improvements included, but were not limited, to the following: a) intricate artesian sculptured iron fencing; b) botanic garden; c) zoned irrigation system inclusive of grounds and parkway, controlled by an app; d) common area art and lighting; e) downspout & gutter heaters; e) extensive masonry upgrades. The unit mix is as follows: (1) 4 bedroom, 2 1/2 bath duplex; (1) 3 bedroom, 2 1/2 bath duplex; (6) 3- bedroom, 2 bath flats. Refined living includes the following: a) professional grade kitchens; b) under-cabinet lighting; c) gas fireplaces; d) multiple terraces front and rear; e) walk-in closets; f) resort inspired primary bathrooms with dual sinks, soaking tubs and separate showers; g) individual HVAC; h) in-unit, full-size washers and dryers; i) double-hanging stainless-steel closets organizers; j) window treatments; k) dimmers, designer lighting, premium mill work and more.178,509.44 NOI. Please see broker private remarks for further scaling opportunities.
Location
State IL
County Cook
Area Chi - Grand Boulevard
Zoning MULTI
Interior
Cooling Central Air
Fireplaces Number 8
Fireplace Y
Building
Dwelling Type Multi Family 5+
Level or Stories 4
Structure Type Brick,Block
Others
HOA Fee Include None
© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Karen Biazar • North Clybourn Group, Inc.