4040 S Calumet Avenue
Exceptional investment opportunity in the heart of historic Bronzeville. This fully renovated three-unit building at 4040 S. Calumet Ave offers investors a rare turn-key asset with strong income and long-term appreciation potential. The property has undergone a complete rehabilitation in recent years, with significant updates throughout the building. Each unit is currently rented at above-market rents, providing immediate cash flow and stable tenancy for the new owner. The building has been well-maintained and updated, making it an ideal low-maintenance addition to an investment portfolio. With continued development and rising demand in Bronzeville, this property is well-positioned to benefit from long-term neighborhood growth and increasing property values. Located just minutes from downtown Chicago, residents enjoy easy access to public transportation, major expressways, and nearby amenities, including Washington Park, the Lake Michigan lakefront, and the DuSable Black History Museum and Education Center. The property is being sold in as-is condition and represents a rare opportunity to acquire a stabilized multi-unit in one of Chicago's most dynamic and rapidly appreciating neighborhoods.
- Pearl's Place Restaurant 0.3 mi
- Chicago Rib House 0.3 mi
- Bronzeville Wingz 0.4 mi
- Cleo's Southern Cuisine 0.7 mi
- McDonald's 0.7 mi
- Best Southside Gyro 0.7 mi
- BP Shop 0.2 mi
- Mariano's Fresh Market 0.3 mi
- BP Shop 0.5 mi
- Siri Indian Groceries 0.7 mi
- BP Shop 0.7 mi
- BP Shop 0.7 mi
- Poplar Park 550 ft
- Park No. 590 0.2 mi
- Park No. 592 0.3 mi
- Louis Anderson Park 0.3 mi
- Jackson Playlot Park 0.4 mi
- Hadiya Pendleton Park 0.4 mi
- Ain’t She Sweet Cafe 0.4 mi
- Sip & Savor 0.4 mi
- Eméché Cakery & Cafe 0.7 mi
- Dunkin' 0.7 mi
- Starbucks 0.8 mi
- Spoken Word Cafe 0.8 mi
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MLS data provided through MLS GRID · MRED MLS · MLS# MRD12584754