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5938-40 S Calumet Avenue

Chicago, IL 60637
  • $998,900
  • STATUS: Active
  • ON SITE: 309 Days
  • MLS #: 11812675
$998,900
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1920
County:

School Ratings & Info

Description

Vintage 1920's 8 unit apartment building in the South Side's emerging Woodlawn quadrant. All units have generous room sizes, nine foot ceilings, oroginal restored hardwood floors. All eight units have separate gfa furnaces and hot water tanks. The apartment mix consists of A: 5, 4 bedroom, 1 bath units, B. 1, 3 bedroom, 1 bath unit; C. 1 1 bedroom, 1 bath unit; D. 1 studio unit. All units are leased. Cap rate on property is 8.7 Note the spacious lot dimensions. Property has a large gated rear yard for tenant enjoyment . some parking off the alley

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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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5938-40 S Calumet Avenue Chicago, IL 60637

  • Price: $998,900
  • Status: Active
  • On Site: 309 Days
  • MLS #: 11812675
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1920
Built
Neighborhood:
Chi - Washington Park
County:
Cook
Area:
Chi - Washington Park
Property Description
Vintage 1920's 8 unit apartment building in the South Side's emerging Woodlawn quadrant. All units have generous room sizes, nine foot ceilings, oroginal restored hardwood floors. All eight units have separate gfa furnaces and hot water tanks. The apartment mix consists of A: 5, 4 bedroom, 1 bath units, B. 1, 3 bedroom, 1 bath unit; C. 1 1 bedroom, 1 bath unit; D. 1 studio unit. All units are leased. Cap rate on property is 8.7 Note the spacious lot dimensions. Property has a large gated rear yard for tenant enjoyment . some parking off the alley
Exterior Features

Exterior Building Type BrickStone Foundation Details Concrete Perimeter Frontage Type City Street Land Amenities Curbs and GuttersLighting/ExteriorSidewalksOtherCable Ready Roof Tar and Gravel Roof Structure Flat

Interior Features

Basement Finished Cooling Central Air Fireplaces Total 0 Heat Ventilation Forced AirGas Number Of Dishwashers 0 Number Of Dryers 0 Number Of Ranges 8 Number Of Washers 0

Property Features

Additional Parcels YN No Approximate Age Older Built Before1978 YN Yes Current Use Multi-Family Electric Circuit Breakers Fire Protection Smoke or Fire ProtectorsCarbon Monoxide Detector(s) Gross Income 139440 Gross Scheduled Income 140040 Insurance Expense 4967 Location Empowerment ZoneEnterprise ZoneIn City Limits Maintenance Expense 5200 Mls Actual Status Active Net Operating Income 111397 Operating Expense 28643 Tax Annual Amount 7664 Tax Year 2021 Tenant Pays ElectricityHeatHot Water Total Monthly Income 12620 Township Hyde Park Type Multi Family 5+ Utilities Sanitary SewerSewer-Storm AvailableWater-Municipal Zoning COMMR

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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