This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/1
$290,000
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/1
Property Description
This well-maintained brick two-flat offers an exceptional opportunity for both owner-occupants and investors alike. The property features two residential units plus a full walkout basement that significantly expands its functionality and income potential. The first floor welcomes you with a gracious foyer that opens into a living room and dining room, ideal for entertaining. An enclosed front balcony, accessible directly from the living room, provides the perfect spot to relax and enjoy fresh air during the warmer months. The second bedroom offers a generous walk-in closet, adding both comfort and storage. The second floor unit offers a similar spacious layout. A standout feature of this property is the walkout basement, which is accessible from Unit 1. The lower level includes an additional bedroom, full bathroom, living/dining area, and kitchen, making it ideal for extended living arrangements, an in-law suite, or additional rental income. Outside, you'll find a two-car garage along with ample yard space, perfect for spring and summer gatherings. Whether you're looking to live in one unit and rent the other, generate income from multiple spaces, or simply invest in a versatile and well-cared-for multifamily property, this home offers endless possibilities.
Full Property Details
Full Property Details for 7424 S Calumet Ave
General
- Sold For: $290,000
- Taxes: $3,376 (2024)
- Status: Closed
- Type: Multi-Family
- Source: MRED
- MLS ID: 12556100
- Added to Site: 138 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 3
Bedrooms
- Total Bedrooms: 6
Parking
- Garage: Yes
- Garage Spaces: 2
- Total Spaces: 2
- Parking Features: Yes, Garage Owned, Detached, Garage
Location
- Area: CHI - Greater Grand Crossing
- County: Cook
- Driving Directions: Take 71St Street to Calumet Turn South To Property
School Information
- School District: 299
- Midd School District: 299
Heating & Cooling
- Heating Type: Natural Gas
Utilities
- Water: Lake Michigan
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Basement Desc.: Partially Finished, Full, Walk-Out Access
- Year Built: 1915
- Built Before 1978: Yes
Unit Information
- Units in Building: 2
Lot Features
- Lot Size (Acres): 0.12
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 33.3 x 158.9
Financial Considerations
- Assessment Year: 1915
- Tax Amount: $3,376.43
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 20271220220000
Listed by eXp Realty
Sold by POWER Realty Chicagoland,PLLC
Get Pre-Approved Today
Schools
Schools serving 7424 S Calumet Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Deneen Elementary School 7240 South Wabash Avenue, Chicago, IL 60619 | 7-8 | 0.4 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 7424 S Calumet Ave
Date
Details
Price
Change
Source
8/14/2026
Sold
$290,000
-1.69%
MLS
6/19/2026
Price Reduced
$295,000
-7.81%
MLS
4/13/2026
Listed
$320,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
7424 S Calumet Avenue, Chicago, IL 60619 (MLS# 12556100) is a Multi-Family property that was sold at $290,000 on August 14, 2026. Want to learn more about 7424 S Calumet Avenue? Do you have questions about finding other Multi-Family real estate for sale in Greater Grand Crossing? You can browse all Greater Grand Crossing real estate or contact a Coldwell Banker agent to request more information.

