7345 South Calumet, Chicago IL 60619
$525,000

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Property Description

Investment Opportunity on the southside of Chicago: This well-maintained 4-unit building is providing immediate rental income with long-term tenants already in place. Situated on a 10,000 sq. ft lot, the property includes a 3-car garage, offering extra income potential with parking space for tenants. Recent updates include a hot water tank installed in 2019, tuckpointing completed five years ago, and boilers with new parts that have been serviced annually, ensuring the property is running smoothly and efficiently. Whether you're a seasoned investor or new to multi-unit properties, this building provides a great foundation for steady income with a well-maintained structure. Don't miss out on this opportunity! Schedule your showing today

Features & Information

Key Details

  • List Price $525,000
  • Property Taxes $2,552.88
  • Price/ Sq. Ft. Unavailable
  • Year Built 1920
  • Parking Type Garage
  • Status New

Rooms

  • Total Rooms 24
  • Basement F

Exterior Features

  • Parking

  • Parking Details Garage
  • # of Cars:  3

Building Information

  • Number of Units 4
  • Age of Building 100+ Years
  • Exterior Construction Brick
  • Heating & Cooling Gas, Hot Water/Steam
  • Units

  • Unit 1 Stove, Refrigerator
  • Unit 2 Stove, Refrigerator
  • Unit 3 Stove, Refrigerator
  • Unit 4 Stove, Refrigerator

Location

  • County Cook
  • Township Hyde Park
  • Corporate Limits Chicago
  • Directions to Property King Drive To 73rd St South To Address
  • Schools

  • Elementary School District 299
  • Junior High District 299
  • High School District: 299
  • Property Taxes

  • Tax 2552.88
  • Tax Year 2023
  • Tax Exemptions None
  • Parcel Identification Number 20271170130000

Utilities

  • Sewer Sewer-Publ

Listed by John Holmes for Realty of America, LLC | Source: MRED as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 3/6/2025 5:02 PM. 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.

Explore Park Manor

Park Manor is a south side Chicago neighborhood with well-kept single-family homes, plentiful schools, and easy transportation options. Cradled between two of the city's major highways and the Red Line branch of the “El” train system, residents in Park Manor have no trouble getting from point A to point B. Traveling within the neighborhood borders will reveal a love for hearty American restaurants that serve up all the comfort foods, from barbeque ribs to the traditional turkey club. Aside from getting a bite to eat, Park Manor residents have the benefit of a handful of retail developments and shops. The nightlife in Park Manor is rather lively, sporting several bars and lounges.

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