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Listing provided courtesy of 33 RealtyMREDas Distributed by MLSGrid- MLS# 12277868MLS Provider

5331 S Calumet AvenueChicago, IL 60615

Multi-Family · 12 Beds
$999,000 Price Change

5331 S Calumet Avenue Overview

Time on Site:
447 days
Visits:
0

Fantastic four-unit, 2007 construction, owner-occupant investment opportunity in appreciating east Washington Park! Unit 4 has been rehabbed to feature modern improvements to be comparable to other new construction (in the area. All four units are 3-bed / 2-bath and three units have in-unit laundry hook-ups. All units have hardwood and tile throughout, modern appliances, gas-forced-heat / central air, granite counter tops, in-unit hot water tanks, and individual utilities. The residences are larger than most of the new construction in the area, ranging in size between 1,200 and 1,400 SF and feature separate dining & living areas. The property has had extensive improvements in the last year to the interior and exterior (please request detailed building improvement list from broker). Other notable features: steel porches with individual outdoor spaces, sump pump and grinder pump, breaker panels in-unit, five exterior parking spaces with automatic gate, common coin laundry, new carpet and paint in common hallway, granite countertops and islands, separate living and dining areas, and updated lighting and bathroom fixtures. All kitchens have refrigerators, dishwashers, gas stoves, built-in microwaves, garbage disposals, and condo-quality cabinetry. The current leases are below market: Unit 1 - 2000, Unit 2 - 2,250, Unit 3 - 2350, and Unit 4 - 2750. This is a fantastic opportunity for an owner-occupant to occupy one unit and benefit from the income from the other three units. 5333 S Calumet and 5644 S Prairie also available for sale. PLEASE REQUEST FULL MARKETING AND BUILDING INFORMATION FROM BROKER.

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5331 S Calumet Avenue Facts & Features

  • Type Multi-Family

Details

General

School Information

  • School District: 299

Income/Expenses

  • Electric Expense: 500
  • Fuel Expense: 1000
  • Gross Income: 112800
  • Insurance Expense: 3448
  • Maintenance Expense: 2400
  • Net Operating Income: 94852
  • Trash Expense: 0
  • Water Sewer Expense: 2400

Building Information

  • New Construction: No
  • Year Built: 2007

Location/Region

  • County Or Parish: Cook
  • MLS Area Major: CHI - Washington Park
  • Township: Hyde Park

Tax Information

  • Tax Annual Amount: $17,140.00
  • Tax Year: 2024

General Information

  • Ownership: Fee Simple
  • Parcel Number: 20103130180000
  • Property Type: Residential Income
  • Special Listing Conditions: List Broker Must Accompany
  • Zoning: MULTI

Interior

Parking Information

  • Half Baths Building: 0

Beds/Baths

  • Bathrooms Total: 8
  • Bedrooms Total: 12
  • Bedrooms Possible: 12
  • Full Baths Building: 8

General Information

  • Basement: Finished, Full
  • Heating: Natural Gas
  • Rooms Total: 24

Exterior

Parking Information

  • Parking Features: Off Alley, Off Street, Yes
  • Parking Total: 5

Lot Information

  • Lot Size Dimensions: 5131
  • Water Source: Public

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Construction Materials: Brick

General Information

  • Sewer: Public Sewer

Unit Information

Unit 1 Details

  • Unit Type: Unit 1
  • Actual Rent: 1900
  • Beds Total: 3
  • Baths Total: 2

Unit 2 Details

  • Unit Type: Unit 2
  • Actual Rent: 2200
  • Beds Total: 3
  • Baths Total: 2

Unit 3 Details

  • Unit Type: Unit 3
  • Actual Rent: 2074
  • Beds Total: 3
  • Baths Total: 2

Unit 4 Details

  • Unit Type: Unit 4
  • Actual Rent: 2750
  • Beds Total: 3
  • Baths Total: 2

5331 S Calumet Avenue Neighborhood

Community

60615 (Chicago) Demographics

35
Median Age
14,432
Population Density (per sq. mile)
68%
College Educated
$44,658
Estimated Median Income
6,504
Estimated Total Home Owners
15,109
Estimated Total Renters
30% / 70%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

5331 S Calumet Avenue Monthly Cost

$
$ %
%
$
$
Randall Fowlkes
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

5331 S Calumet Avenue Market Data

Based on the last 30 days in this zip code

$411,555
Average List Price
$248
Average Price per Square Foot
30
Properties Sold
82
Average Days on Market
163
Properties for Sale
Calculations provided by Reliance Network

5331 S Calumet Avenue History

Date Event Value Agent
6/29/2026Source: MRED Price Reduction
$999,000 -0.1%
6/29/2026Source: MRED Status Change
Price Change
6/13/2026Source: MRED Status Change
Active
6/8/2026Source: MRED Price Reduction
$1,000,000 -1.0%
6/8/2026Source: MRED Status Change
Price Change
6/7/2026Source: MRED Status Change
Active
6/2/2026Source: MRED Price Reduction
$1,010,000 -0.2%
6/2/2026Source: MRED Status Change
Price Change
5/16/2026Source: MRED Status Change
Active
5/11/2026Source: MRED Price Reduction
$1,012,500 -0.2%
5/11/2026Source: MRED Status Change
Price Change
5/5/2026Source: MRED Status Change
Active
4/30/2026Source: MRED Price Reduction
$1,015,000 -0.3%
4/30/2026Source: MRED Status Change
Price Change
4/26/2026Source: MRED Status Change
Active
4/20/2026Source: MRED Price Reduction
$1,018,000 -0.1%
4/16/2026Source: MRED Price Reduction
$1,019,000 -0.1%
4/16/2026Source: MRED Status Change
Price Change
4/4/2026Source: MRED Status Change
Active
3/30/2026Source: MRED Price Reduction
$1,020,000 -0.5%
3/30/2026Source: MRED Status Change
Price Change
3/23/2026Source: MRED Status Change
Active
3/18/2026Source: MRED Price Reduction
$1,025,000 -0.7%
3/18/2026Source: MRED Status Change
Price Change
3/4/2026Source: MRED Status Change
Active
2/27/2026Source: MRED Price Reduction
$1,032,500 -0.2%
2/27/2026Source: MRED Status Change
Price Change
2/23/2026Source: MRED Status Change
Active
2/18/2026Source: MRED Price Reduction
$1,035,000 -0.5%
2/18/2026Source: MRED Status Change
Price Change
2/3/2026Source: MRED Status Change
Active
1/28/2026Source: MRED Price Reduction
$1,040,000 -0.5%
1/28/2026Source: MRED Status Change
Price Change
1/11/2026Source: MRED Status Change
Active
1/6/2026Source: MRED Price Reduction
$1,045,000 -0.4%
1/6/2026Source: MRED Status Change
Price Change
12/31/2025Source: MRED Status Change
Active
12/26/2025Source: MRED Price Reduction
$1,049,500 -0.5%
12/26/2025Source: MRED Status Change
Price Change
12/23/2025Source: MRED Status Change
Active
12/18/2025Source: MRED Price Reduction
$1,054,500 -0.0%
12/18/2025Source: MRED Status Change
Price Change
12/13/2025Source: MRED Status Change
Active
12/7/2025Source: MRED Price Reduction
$1,055,000 -2.1%
12/7/2025Source: MRED Status Change
Price Change
11/21/2025Source: MRED Status Change
Active
11/16/2025Source: MRED Price Reduction
$1,077,500 -0.2%
11/11/2025Source: MRED Price Reduction
$1,080,000 -0.9%
11/11/2025Source: MRED Status Change
Price Change
10/31/2025Source: MRED Status Change
Active
10/26/2025Source: MRED Price Reduction
$1,090,000 -0.9%
10/26/2025Source: MRED Status Change
Price Change
9/29/2025Source: MRED Status Change
Active
9/24/2025Source: MRED Price Reduction
$1,099,500 -0.0%
9/24/2025Source: MRED Status Change
Price Change
9/10/2025Source: MRED Status Change
Active
9/5/2025Source: MRED Price Reduction
$1,100,000 -1.8%
9/5/2025Source: MRED Status Change
Price Change
8/23/2025Source: MRED Status Change
Active
8/18/2025Source: MRED Price Reduction
$1,120,000 -4.6%
8/18/2025Source: MRED Status Change
Price Change
7/31/2025Source: MRED Status Change
Active
7/31/2025Source: MRED Status Change
Price Change
7/31/2025Source: MRED Price Reduction
$1,174,000 -0.1%
5/29/2025Source: MRED Status Change
Active
5/24/2025Source: MRED Price Reduction
$1,174,999 -0.0%
5/24/2025Source: MRED Status Change
Price Change
5/23/2025Source: MRED Status Change
Active
5/18/2025Source: MRED Price Reduction
$1,175,000 -0.3%
5/18/2025Source: MRED Status Change
Price Change
5/10/2025Source: MRED Status Change
Active
5/5/2025Source: MRED Price Reduction
$1,179,000 -0.1%
5/2/2025Source: MRED Price Reduction
$1,180,000 -1.6%
5/2/2025Source: MRED Status Change
Price Change
4/13/2025Source: MRED Status Change
Active
4/8/2025Source: MRED Added to Database
April 08, 2025