$978,200
$998,900
2.1%For more information regarding the value of a property, please contact us for a free consultation.
5938-40 S Calumet Avenue Chicago, IL 60637
Key Details
Sold Price $978,200
Property Type Commercial
Sub Type Multi Family 5+
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 11812675
Sold Date 12/30/24
Year Built 1920
Annual Tax Amount $7,664
Tax Year 2021
Lot Dimensions 50X170
Property Sub-Type Multi Family 5+
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
Location
State IL
County Cook
Zoning COMMR
Interior
Cooling Central Air
Fireplace Y
Exterior
Utilities Available Sanitary Sewer, Sewer-Storm Available, Water-Municipal
View Y/N true
Roof Type Tar and Gravel
Building
Foundation Concrete Perimeter
Structure Type Brick,Concrete,Stone
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© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Bought with Steven Glick • @properties Christie's International Real Estate