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5838-40 S Calumet Avenue

Chicago, IL 60637
  • $690,000
  • STATUS: Active Under Contract
  • ON SITE: 182 Days
  • MLS #: 11917136
Under Contract
$690,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1909
County:

School Ratings & Info

Description

Desirable 6 unit building in the rapidly emerging Woodlawn quadrant. Minutes from Hyde Park, University of Chicago, future Obama library and the Lakefront. All units are identical, with the second & third floors having large private wrought iron balconies bringing in a touch of the outdoors. Large rear fenced yard for tenant enjoyment. All rooms are generously sized, with excellent closet space. Yearly expenses are low- all tenant paid utilities . All units leased. 9% cap rate attractive to investors.

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© 2024 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Ryan Dallas Real Estate. Based on information submitted to the MRED as of 2024-04-25T00:00:14.44 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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5838-40 S Calumet Avenue Chicago, IL 60637

  • Price: $690,000
  • Status: Active Under Contract
  • On Site: 182 Days
  • MLS #: 11917136
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1909
Built
Neighborhood:
Chi - Washington Park
County:
Cook
Area:
Chi - Washington Park
Property Description
Desirable 6 unit building in the rapidly emerging Woodlawn quadrant. Minutes from Hyde Park, University of Chicago, future Obama library and the Lakefront. All units are identical, with the second & third floors having large private wrought iron balconies bringing in a touch of the outdoors. Large rear fenced yard for tenant enjoyment. All rooms are generously sized, with excellent closet space. Yearly expenses are low- all tenant paid utilities . All units leased. 9% cap rate attractive to investors.
Exterior Features

Exterior Building Type Aluminum Siding

Interior Features

Basement Unfinished Cooling None Heat Ventilation Forced AirGas Number Of Ranges 6

Property Features

Additional Parcels YN No Approximate Age Older Built Before1978 YN Yes Contingency Attorney/Inspection Continue To Show Yes Electric Circuit Breakers Fire Protection Smoke or Fire ProtectorsCarbon Monoxide Detector(s) Gross Income 95964 Gross Scheduled Income 95964 Insurance Expense 4080 Maintenance Expense 6000 Mls Actual Status Contingent Net Operating Income 68237 Operating Expense 27727 Ownership Types Corporation Tax Annual Amount 8209 Tax Year 2022 Tenant Pays ElectricityHeatHot Water Total Monthly Income 7997 Township Hyde Park Type Multi Family 5+ Zoning MULTI

Listing information © 2024 Midwest Real Estate Data LLC.
Listing provided courtesy of Charles Rutenberg Realty of IL: 630-929-1100.


© 2024 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Ryan Dallas Real Estate. Based on information submitted to the MRED as of 2024-04-25T00:00:14.44 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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4112C Fieldstone Road
Champaign IL, 61822