A
Seller's Agent in 2022
Aaron Sklar
Kiser Group Realty Inc
16
Beds
12
Baths
--
Sq Ft
1883
Built
About This Home
As of December 20224512 S. Calumet is a tastefully redesigned and meticulously gut renovated six (6) unit, center-entranced walk up located in Chicago's booming Bronzeville neighborhood. Situated on an incredibly desirable block nestled among new construction town homes, renters are attracted to its condo quality finishes and proximity to an abundance of shopping and retail that Hyde Park, Kenwood, and the Bronzeville neighborhood have to offer. 4512 S. Calumet has an incredibly desirable unit composition comprised of four (4) 3Bd/2Ba units, along with two (2) 2Bd/2Ba units. While completely gut renovated in the last year, each unit boasts desirable, open floorplans with condo quality finishes including quartz countertops, stainless steel appliances and dishwashers, in-unit laundry, along with recessed lighting. In addition to its cosmetic finishes, the building also features high efficiency individual HVAC and hot water tanks, a 400 amp electric service, updated copper plumbing, and an exterior steel porch. 4512 S. Calumet presents an investor with the opportunity to acquire a completely gut renovated building in one of Chicago's most developing and desirable neighborhoods in Bronzeville. With competitive and market rate financing, a new investor will realize an in place return of just over 16%.
Last Agent to Sell the Property
Aaron Sklar
Kiser Group Realty Inc License #475161507 Listed on: 10/23/2021
Co-Listed By
Noah Birk
Kiser Group Realty Inc License #475125864
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $11,057
Year Built
- Built in 1883
Bedrooms and Bathrooms
- 16 Bedrooms
- 12 Bathrooms
Additional Features
- 3-Story Property
- Lot Dimensions are 25' x 125'
- Floor Furnace
Listing and Financial Details
- Tenant pays for air conditioning, electricity, heat, hot water
Community Details
Overview
- 6 Units
Building Details
- Electric Expense $600
- Insurance Expense $4,000
- Maintenance Expense $1,250
- Manager Expense $6,053
- Other Expense $1,500
- Trash Expense $1,200
- Water Sewer Expense $3,600
- Operating Expense $30,260
- Gross Income $124,800
- Net Operating Income $90,796
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/14/2022 12/14/22 | Sold | $1,163,000 | -3.1% | -- |
| 10/25/2022 10/25/22 | Pending | -- | -- | -- |
| 09/08/2022 09/08/22 | For Sale | $1,200,000 | +3.2% | -- |
| 08/19/2022 08/19/22 | Off Market | $1,163,000 | -- | -- |
| 07/08/2022 07/08/22 | For Sale | $1,200,000 | 0.0% | -- |
| 06/05/2022 06/05/22 | Pending | -- | -- | -- |
| 05/24/2022 05/24/22 | For Sale | $1,200,000 | +3.2% | -- |
| 04/28/2022 04/28/22 | Off Market | $1,163,000 | -- | -- |
| 03/01/2022 03/01/22 | For Sale | -- | -- | -- |
| 02/12/2022 02/12/22 | Off Market | $1,163,000 | -- | -- |
| 12/14/2021 12/14/21 | For Sale | -- | -- | -- |
| 11/03/2021 11/03/21 | Pending | -- | -- | -- |
| 10/25/2021 10/25/21 | For Sale | $1,200,000 | -- | -- |
Source: Midwest Real Estate Data (MRED)
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2020 | $11,057 | $49,635 | $3,547 | $46,088 |
| 2019 | $9,972 | $49,635 | $3,547 | $46,088 |
| 2018 | $9,805 | $49,635 | $3,547 | $46,088 |
| 2017 | $2,460 | $11,429 | $2,902 | $8,527 |
| 2016 | $2,289 | $11,429 | $2,902 | $8,527 |
| 2015 | $8,345 | $45,540 | $2,902 | $42,638 |
| 2014 | $8,449 | $45,540 | $2,902 | $42,638 |
| 2013 | -- | $45,540 | $2,902 | $42,638 |
Source: Public Records
Agents Affiliated with this Home
-
-
N
Seller Co-Listing Agent in 2022
Noah Birk
Kiser Group Realty Inc
-
Lane Chesebro
Buyer's Agent in 2022
Lane Chesebro
Coldwell Banker Realty
(312) 909-9354
3 in this area
93 Total Sales
Source: Midwest Real Estate Data (MRED)
MLS Number: 11255057
APN: 20033160180000
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Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. 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 IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID
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