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$190,000
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Property Description
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! We are ready to close!
Full Property Details
Full Property Details for 7550 S Calumet Ave
General
- Sold For: $190,000
- Taxes: $2,814 (2023)
- Status: Closed
- Type: Multi-Family
- Source: MRED
- MLS ID: 12598138
Rooms
Bathrooms
- Total Bathrooms: 2
Bedrooms
- Total Bedrooms: 4
Location
- Area: CHI - Greater Grand Crossing
- County: Cook
- Driving Directions: DAN RYAN TO 71ST, EAST TO CALUMET, THEN 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.: 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
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 20273040390000
Listed by Prince Realty Group LLC
Sold by Blue Door Dave Inc
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Schools
Schools serving 7550 S Calumet Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Ruggles Elementary School 7831 South Prairie Avenue, Chicago, IL 60619 | K-8 | 0.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
7550 S Calumet Avenue, Chicago, IL 60619 (MLS# 12598138) is a Multi-Family property that was sold at $190,000 on April 24, 2026. 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.

