$520,000

beds

baths

7345 S Calumet Avenue

Chicago, Illinois 60619

Active / MLS #11988448 / Multiple Unit (2-4) / Greater Grand Crossing

Listing information updated 6/10/2024 at 12:23am

7345 S. Calumet Ave is a meticulously maintained four (4) unit building nestled in the vibrant Chicago community of Greater Grand Crossing. Offering a blend of modern amenities and timeless charm, this property presents an excellent opportunity for investors or owner-occupants seeking a solid income-generating asset. 7345 S. Calumet is comprised entirely of 3Bd/1Ba units, each of which boasts thoughtfully designed floor plans with comfortable living spaces and modern finishes. Bright and airy interiors are accentuated by a charming sunroom, providing an additional versatile space that can be used as a home office, reading nook, or simply a cozy spot to enjoy the sunlight. Alongside the sunrooms, units feature multiple bedrooms, updated bathrooms, and spacious living areas, providing ample space for residents to relax and entertain. Contemporary kitchens are equipped with standard appliances and ample cabinet space. With four separate units, this property presents a lucrative investment opportunity for discerning buyers. Whether you choose to rent out all units for maximum rental income or occupy one unit while renting out the others, the potential for positive cash flow is evident - from day one, investors can achieve a cap rate of over 7%. Greater Grand Crossing's strong rental market and desirable location make this property a sound addition to any investment portfolio.

Full Features

Exterior Type:

Brick

Basement:

Unfinished

Beds Above Grade:

Heating System:

Natural Gas, Steam

Pool:

Age:

100+ Years

Parking Type:

Garage

Room Count:

Water Front:

Square Feet:

N/A

Lot Size:

.25-.49 Acre

Acreage:

0.24

Taxes & Assessments

Tax Amount:

$4,424

Tax Year:

2021

Location

Zip Code:

60619

City:

Chicago

County:

Cook

Schools

School District(s):

299

Elementary School:

N/A

Middle School:

N/A

High School:

N/A

Exterior Type:

Brick

Basement:

Unfinished

Beds Above Grade:

Heating System:

Natural Gas, Steam

Pool:

Age:

100+ Years

Parking Type:

Garage

Room Count:

Water Front:

Square Feet:

N/A

Lot Size:

.25-.49 Acre

Acreage:

0.24

Tax Amount:

$4,424

Tax Year:

2021

Zip Code:

60619

City:

Chicago

County:

Cook

School District(s):

299

Elementary School:

N/A

Middle School:

N/A

High School:

N/A

Listing Office: Kiser Group Realty Inc

Listing Office Phone: 773.293.5000

Disclaimer: The data relating to real estate for sale on this website comes courtesy of Midwest Real Estate Data, LLC as distributed by MLS GRID. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 6/10/2024 at 12:23am. 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.

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7345 S Calumet Avenue is a multiple unit (2-4) currently listed at $520,000. 7345 S Calumet Avenue features 12 Beds, 4 Baths. This multiple unit (2-4) has been listed on @properties since February 25th, 2024 and was built in 1920. The nearest transit stops include 69th CTA Red line.