Active Under Contract

$749,000

4040 Calumet Avenue, Chicago, IL 60653
7 Beds4 Baths24 days
4040 Calumet Avenue·Chicago, IL 60653
7Bedrooms
4Bathrooms
1893Year Built
About This Home

Exceptional investment opportunity in the heart of historic Bronzeville. Welcome to 4040 S. Calumet Ave, a distinctive property offering classic Chicago architecture, beautifully updated interiors, outdoor space, and an outstanding location just minutes from downtown Chicago and the lakefront. Units are currently occupied, giving an investor the opportunity to acquire an established multifamily property with existing tenancy. The building features spacious living areas, contemporary kitchens, stainless steel appliances, modern cabinetry, hardwood flooring, updated baths, multiple rear decks, and a gated entry. The location adds tremendous appeal with convenient access to downtown Chicago, the Lake Michigan lakefront, McCormick Place, the Obama Presidential Center, Washington Park, the DuSable Black History Museum and Education Center, public transportation, major expressways, and the many cultural, dining, and recreational destinations surrounding historic Bronzeville. 4040 S. Calumet brings together the features investors want most: location, character, updated interiors, existing occupancy, outdoor space, and multifamily income potential. Opportunities like this deserve a closer look. Schedule your private showing and come see what 4040 S. Calumet has to offer.

MLS# 12753628Listed September 8, 2026Residential Income
Property Details

Beds & Baths

Total Bedrooms7
Total Bathrooms4
Total Rooms0

Size & Structure

Year Built1893
Lot Size0.070 acres

Location

CountyCook
TownshipHyde Park
Zip Code60653

Financial

List Price$749,000
Annual Taxes (2024)$11,292
Monthly Tax Est.$941
Parcel #20031100401004
Interior Features

Heating

Natural GasForced Air

Basement

None
Exterior & Lot

Construction

Brick

Lot Features

Landscaped
Utilities & Parking

Sewer

Public Sewer

Water Source

Public
HOA & Community

Community Features

ParkCurbsSidewalksStreet LightsStreet Paved
Schools
Elementary
Wells Preparatory Elementary Sch
District: 299
Middle School
Wells Preparatory Elementary Sch
District: 299
High School
Phillips Academy High School
District: 299
Tax & Financial
Annual Taxes
$11,292
Tax Year 2024
Monthly Tax Est.
$941
per month
Property Location

4040 Calumet Avenue, Chicago, IL 60653 — Cook County

$749,000
4040 Calumet Avenue
7 bd4 ba
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
24 days on market
0.070 acres
$11,292/yr taxes
$4,877
estimated monthly payment
Principal & Interest
$3,936/mo
Property Tax
$941/mo
$749,000
20% — $149,800
3%50%
6.875%
3%12%
Loan Amount
$599,200
Down Payment
$149,800

* Estimated payment only. Actual rates, taxes, and insurance may vary. Contact a lender for a personalized quote.

Listed by
RE/MAX Top Performers
Agent: Sophie Beaudoin
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