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$185,000 Sale Pending

  • For Sale
  • Pending
  • Multi-Family
  • 4 Total Beds
  • Updated 11 days ago
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Beautiful Brick 2-Flat-an Investor's Dream! This spacious building features two generous bedroom units, each offering separate living and dining rooms-ideal for today's renters seeking extra space. Major updates include new furnaces (1-5 years old) with separate heating systems, newly installed windows on the 2nd floor, and a brand-new rear staircase. Inside, the original hardwood floors are ready to shine again with just a little elbow grease. A full unfinished basement provides excellent storage or expansion potential, and the huge backyard offers endless possibilities. Tenants enjoy separate utilities, paying their own heat and electric-making this a highly desirable and low-maintenance investment. Whether you're an investor, rehabber, or owner-occupant looking to build equity, this building is ready for your vision. Bring your handyman and start making money!

Full Property Details for 7550 S Calumet Ave

General

  • Price: $185,000
  • Taxes: $2,814 (2023)
  • Status: Pending
  • Type: Multi-Family
  • Source: MRED
  • MLS ID: 12529636
  • Updated: 1/6/2026
  • Added to Site: 40 day(s) ago

Interior

  • Basement: Unfinished

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Upper - Full Baths: 2

Bedrooms

  • Total Bedrooms: 4

Location

  • Area: CHI - Greater Grand Crossing
  • County: Cook
  • Township: Hyde Park
  • Driving Directions: DAN RYAN TO 71ST, EAST TO CALUMET, THEN TO PROPERTY

School Information

  • School District: 299
  • Elem School District: 299
  • Midd School District: 299
  • High School District: 299

Heating & Cooling

  • Heating Type: Natural Gas

Utilities

  • Sewer: Public Sewer
  • Water: Lake Michigan

Structural Information

  • Construction: Brick
  • Exterior Const.: Brick
  • Basement: Yes
  • Basement Desc.: Unfinished, Full
  • Foundation: Brick/Mortar
  • Roof: Rubber
  • Year Built: 1914
  • Built Before 1978: Yes

Unit Information

  • Units in Building: 2

Lot Features

  • Lot Size Range: Less than .25 Acre
  • Lot Dimensions: 28 x 158

Financial Considerations

  • Assessment Year: 1914
  • Tax Amount: $2,814.37
  • Tax Year: 2023
  • Pays Sewer: Public Sewer

Disclosures and Reports

  • Ownership: Fee Simple
  • Property ID: 20273040390000

Listed by Prince Realty Group LLC

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Listing agent

— 7550 S Calumet Ave —

  • Prince Realty Group 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 7550 S Calumet Ave

School District:Chicago Public School District 299
NameGradesDistance
Ruggles Elementary School
7831 South Prairie Avenue, Chicago, IL 60619
K-80.3 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 7550 S Calumet Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
12/08/2025
Listed
$185,000
85%
MLS
10/22/2007
Sold
$100,000
—
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 7550 S Calumet Ave

Year
Property Taxes
Change
Tax Assessment
Change
2023
$2,814
3%
$13,339
—
2022
$2,744
2%
$13,339
—
2021
$2,682
4%
$13,339
15%
2020
$2,573
-2%
$11,551
-12%
2019
$2,637
26%
$13,127
-7%
2018
$2,100
-37%
$14,067
-26%
2017
$3,349
2%
$18,931
—
2016
$3,291
10%
$18,931
—
2015
$2,988
26%
$18,931
24%
2014
$2,365
3%
$15,313
—
2013
$2,307
17%
$15,313
—
2012
$1,980
—
$15,313
—
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 Prince Realty Group LLC

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7550 S Calumet Avenue, Chicago, IL 60619 (MLS# 12529636) is a Multi-Family property with 2 units containing 4 bedrooms and 0 full bathrooms. 7550 S Calumet Avenue is currently listed for $185,000 and was received on December 08, 2025. Want to learn more about 7550 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.

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