NOT LISTED FOR SALE

4241 S Calumet Ave Chicago, IL 60653

Grand Boulevard Neighborhood
12 Beds
4 Baths
7,486 Sq Ft
1899 Built

Last Sold October 19, 2022

Last sale price $603,100 $81 Per Sq Ft

8 Days on Market

Highlights

  • 2 Car Detached Garage
  • 1-minute walk to 43Rd Street Station
  • 3-minute walk to Hadiya Pendelton Park

About This Home

As of October 2022

Bronzeville Jumbo - Legally zone 4 unit - 12 bedrooms/4 bathrooms - price to sell There are 4 spacious apartments total - Basement - 2bd/1ba, 2- 3bd/1ba, 1- 4bd/1ba apartment which need minor cosmetic updates. One unit is vacant, and the others are rented with long term loyal tenants. Building is Section 8 approved and has space for in-unit washer and dryer connection, separate utilities in each unit, dining room, kitchen, and living room. This is a legally assessed as 4-unit building - no outstanding city violations or zoning issues here. This is the perfect location for an Airbnb, savvy house hacker, or strategic investor to snatch up this investment today. Located steps away from entertainment, public transportation, minutes from the lake front and a quick commute to/from downtown make this the perfect place to live - with new construction all around - equals investment opportunities abound. Market rate rent for neighboring units post rehab range from 2000-2500 per floor. You crunch the numbers - this is the deal of the century. Long time owners are looking to sell, so it's your turn to reap the benefits. Schedule your confidential viewing today.

Last Agent to Sell the Property

Tiffany Jones

Coldwell Banker Realty License #475191825 Listed on: 08/31/2022

Coldwell Banker Realty

Co-Listed By

Tanesha Pratt

Coldwell Banker Realty License #475202340

Last Buyer's Agent

Lona Reiling

EXIT Strategy Realty License #475144094

EXIT Strategy Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,675

Year Built

  • Built in 1899

Parking

  • 2 Car Detached Garage

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 4-Story Property
  • Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 12 Potential Bedrooms
  • 4 Bathrooms

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,675

Year Built

Built in 1899

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1899
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 4
  • Total Bedrooms: 12
  • Basement Description: Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 4
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: None
  • MRD_AppliancesAndFeatures: None
  • MRD_AppliancesAndFeatures: None
  • AppliancesAndFeatures: None
  • Room: 5

Exterior Features

  • List Price: 574999
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Garage On-Site: Yes
  • Garage Ownership: N/A
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Water Source: Lake Michigan

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: 3150
  • Lot Size: .50-.99 Acre
  • Special Assessments: U

Rental Info

  • Board Number: 8
  • TenantPays: All

Tax Info

  • Tax Annual Amount: 6675.2
  • Tax Year: 2020

Multi Family

  • Units in Building: 4
  • Three Bedroom Number of Units: No
  • Type-Multi: 4 Story Unit/s

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/19/2022 10/19/22 Sold $603,100 +4.9% $81 / Sq Ft
09/09/2022 09/09/22 Pending -- -- --
08/31/2022 08/31/22 For Sale $574,999 -- $77 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Tiffany Jones

    Seller's Agent in 2022

    Tiffany Jones

    Coldwell Banker Realty

    (872) 216-3533

    4 in this area

    112 Total Sales

    Tiffany Jones
    Section Image
  • Tanesha Pratt

    Seller Co-Listing Agent in 2022

    Tanesha Pratt

    Coldwell Banker Realty

    (630) 492-3388

    2 in this area

    51 Total Sales

    Tanesha Pratt
    Section Image
  • Lona Reiling

    Buyer's Agent in 2022

    Lona Reiling

    EXIT Strategy Realty

    (312) 597-6270

    4 in this area

    95 Total Sales

    Lona Reiling
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11618148

Midwest Real Estate Data (MRED)

APN: 20031230150000

Illinois Cook County Chicago 60653 Grand Boulevard

4241 S Calumet Ave, Chicago, IL

This home is located at 4241 S Calumet Ave, Chicago, IL 60653 since 31 August 2022. This property was built in 1899. 4241 S Calumet Ave is a home located in Cook County with nearby schools including Mollison Elementary School, Wendell Phillips Academy High School, and UChicago Charter Carter G. Woodson Campus.

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