5920 S Calumet Avenue, Chicago IL 60637
$413,500

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Property Description

This affordable 4 units multifamily building located in the Washington Park neighborhood is priced to sell. Excellent cash flow opportunity for homebuyers and investors. Three of the apartments have 3 spacious bedrooms, large living rooms and family rooms. The tenants pay for their electric and gas. Located close to the University of Chicago campus, Washington Park, Jackson Park, the Obama Presidential Center, and Lake Michigan. This property is being sold as-is and where-is.

Features & Information

Key Details

  • List Price $413,500
  • Property Taxes $4,657
  • Year Built 1914
  • Status New
  • List Market Time 3

Units

  • Unit 1

  • Floor 1
  • Rooms 7
  • Beds 3
  • Baths 1
  • Appliances Stove, Refrigerator
  • Rent $0/mo
  • Tenant Pays Electric,Gas,Heat
  • Lease Expires 0
  • Unit 2

  • Floor 2
  • Rooms 7
  • Beds 3
  • Baths 1
  • Appliances Stove, Refrigerator
  • Rent $0/mo
  • Tenant Pays Electric,Gas,Heat
  • Lease Expires 0
  • Unit 3

  • Floor 3
  • Rooms 7
  • Beds 3
  • Baths 1
  • Appliances Stove, Refrigerator
  • Rent $0/mo
  • Tenant Pays Electric,Gas,Heat
  • Lease Expires 0
  • Unit 4

  • Floor B
  • Rooms 2
  • Beds 1
  • Baths 1
  • Appliances Refrigerator
  • Rent $0/mo
  • Tenant Pays Electric,Gas,Heat
  • Lease Expires 00/00

Exterior Features

  • Parking

  • # of Cars:  4

Building Information

  • Number of Units 4
  • Age of Building 100+ Years

Location

  • County Cook
  • Township Hyde Park
  • Corporate Limits Chicago
  • Directions to Property Take 58th St To Calumet Ave. Go North On Calumet Ave And Proceed To The Address
  • Schools

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

  • Tax 4657
  • Tax Year 2023
  • Tax Exemptions None
  • Parcel Identification Number 20153040270000

Listed by Charles Thomas for CFS Realty Group Inc | Source: MRED as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 10/5/2026 12:32 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 Washington Park

For now Chicago's Washington Park neighborhood may be a predominantly residential south side community with a sprawling public park and rich culture of African-American heritage, however, as the potential site of the Olympic Stadium for the 2016 Summer Games, this modest neighborhood could really make its mark in the near future. Remnants of the last century's architectural movement are found throughout the area, with a wave of new designs and gut rehabs dusting the streets as well. As Olympic talk heightens, developers and city officials are anticipating the impact such a huge event would have on Washington Park. Temporary athlete lodgings and the massive 80,000-seat arena would only be around for a short period, but the hope is that a surge of new businesses would ride in on the coattails of this once-in-a-lifetime opportunity to bolster the Washington Park neighborhood for decades to come. The current commercial base is slight, with a few soul food mainstays and Chinese takeout, but the annual cultural festivals and fun Park District programs keep things on the up as Washington Park awaits an impending transformation of Olympic proportions.

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