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5331 Calumet Avenue

Chicago, IL 60615
$1,018,000 ▼ $181,000 from $1,199,000
12beds
8baths
sqft
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About this home

Fantastic four-unit, 2007 construction, owner-occupant investment opportunity in appreciating east Washington Park! Unit 4 has been rehabbed to feature modern improvements to be comparable to other new construction (in the area. All four units are 3-bed / 2-bath and three units have in-unit laundry hook-ups. All units have hardwood and tile throughout, modern appliances, gas-forced-heat / central air, granite counter tops, in-unit hot water tanks, and individual utilities. The residences are larger than most of the new construction in the area, ranging in size between 1,200 and 1,400 SF and feature separate dining & living areas. The property has had extensive improvements in the last year to the interior and exterior (please request detailed building improvement list from broker). Other notable features: steel porches with individual outdoor spaces, sump pump and grinder pump, breaker panels in-unit, five exterior parking spaces with automatic gate, common coin laundry, new carpet and paint in common hallway, granite countertops and islands, separate living and dining areas, and updated lighting and bathroom fixtures. All kitchens have refrigerators, dishwashers, gas stoves, built-in microwaves, garbage disposals, and condo-quality cabinetry. The current leases are below market: Unit 1 - 2000, Unit 2 - 2,250, Unit 3 - 2350, and Unit 4 - 2750. This is a fantastic opportunity for an owner-occupant to occupy one unit and benefit from the income from the other three units. 5333 S Calumet and 5644 S Prairie also available for sale. PLEASE REQUEST FULL MARKETING AND BUILDING INFORMATION FROM BROKER.
MLS Description — as provided by the listing brokerage.

The facts

Property typeResidential Income
Year built2007
Lot size
Annual tax$17,140
CountyCook
MLS #MRD12277868
Days on market379

Features

Heating
Natural Gas
Parking
Off AlleyOff StreetYes
Construction
Brick
Sewer
Public Sewer
Listed by
33 Realty
Thomas Hart · 219-465-8584

Listing courtesy of mred MLS as distributed by MLS GRID.

Based on information submitted to the MLS GRID as of 4/21/2026, 6:10:02 AM. All data should be independently verified.

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