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$2,800,000

  • For Sale
  • Active
  • Commercial
  • Updated 10 days ago
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BRONZEVILLE / GRAND BOULEVARD - FOR SALE: Fully gut-rehabbed 15-unit multifamily property located in the Grand Boulevard section of Bronzeville. The building consists of fifteen (2BD/1BA) units, each updated with in-unit washer/dryers and individual furnaces. Major capital improvements include a new roof, new plumbing, new electrical, and updated hardware throughout. The property offers minimal operating expenses, with ownership responsible for water only. An excellent opportunity to acquire a turnkey, low-maintenance asset in a strong Chicago rental market.

Full Property Details for 4957 S Calumet Ave

General

  • Price: $2,800,000
  • HOA FEE: $4,500
  • Taxes: $34,421 (2024)
  • Status: Active
  • Type: Commercial
  • Source: MRED
  • MLS ID: 12593803
  • Updated: 3/25/2026
  • Added to Site: 16 day(s) ago

Location

  • Area: CHI - Grand Boulevard
  • County: Cook
  • Driving Directions: Take I-90 E/I-94 E toward the Dan Ryan Expressway. Continue to Exit 56B for 47th St. From there, follow 47th St, then head south on Michigan Ave, continue east on 50th St, and follow it to Calumet Ave.

Heating & Cooling

  • Heating Type: Individual Furnaces

Structural Information

  • Stories/Levels: 3
  • Year Built: 1902
  • Built Before 1978: Yes

Lot Features

  • Lot Size (Acres): 0.15
  • Lot Dimensions: 50 x 175

Financial Considerations

  • Maint. Fee: $4,500
  • Insurance Fee: $12,000
  • Operating Expenses: $72,924
  • Assessment Year: 1902
  • Tax Amount: $34,421
  • Tax Year: 2024
  • Pays Electric: 360

Disclosures and Reports

  • Property ID: 20101170140000

Listed by Horvath & Tremblay IL, LLC

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— 4957 S Calumet Ave —

  • Horvath & Tremblay IL, LLC

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 4957 S Calumet Ave

School District:Chicago Public School District 299
NameGradesDistance
Burke Elementary School
5356 South King Drive, Chicago, IL 60615
PK-80.5 mi
Phillips Academy High School
244 East Pershing Road, Chicago, IL 60653
12-111.4 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 4957 S Calumet Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/19/2026
Listed
$2,800,000
273.33%
MLS
10/07/2020
Sold
$750,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 4957 S Calumet Ave

Year
Property Taxes
Change
Tax Assessment
Change
2023
$25,968
3%
$122,672
—
2022
$25,310
65%
$122,672
62%
2021
$15,310
23%
$75,907
36%
2020
$12,416
-34%
$55,734
-40%
2019
$18,772
2%
$93,433
—
2018
$18,456
132%
$93,433
29%
2017
$7,960
-45%
$72,262
—
2016
$14,473
9%
$72,262
—
2015
$13,242
4%
$72,262
5%
2014
$12,763
2%
$68,789
—
2013
$12,511
1%
$68,789
—
2012
$12,344
—
$68,789
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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NMLS#: 1598647

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Listed by Horvath & Tremblay IL, LLC

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4957 S Calumet Avenue, Chicago, IL 60615 (MLS# 12593803) is a Commercial property. 4957 S Calumet Avenue is currently listed for $2,800,000 and was received on March 19, 2026. Want to learn more about 4957 S Calumet Avenue? Do you have questions about finding other Commercial real estate for sale in Grand Boulevard? You can browse all Grand Boulevard real estate or contact a Coldwell Banker agent to request more information.

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