7936 S Calumet Avenue, Chicago IL 60619
$390,000

7936 S Calumet Avenue, Chicago IL 60619

$390,000
New
Chatham Two to Four Units

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Property Description

PRICE REDUCTION! MOTIVATED SELLER! INVESTOR ALERT! The Income is Established. The Potential is Unlimited!! Looking for an income-producing property with room to grow? This investment already has established rental income, but with a little TLC and vision, the possibilities are exciting!! The basement has authorized zoning clearance for an ADU and has been partially rehabbed with permits and inspections for plumbing and electrical. Great location! Less than 5 blocks from the expressway, less than 5 miles from the Obama Presidential Library, and less than 10 miles from downtown Chicago. CALL NOW TO SCHEDULE YOUR SHOWING!! WON'T LAST LONG!!

Features & Information

Key Details
  • List Price $390,000
  • Property Taxes $3,376
  • Year Built 1923
  • Status New
  • List Market Time 1

Units

  • Unit 1
  • Floor 1
  • Rooms 6
  • Beds 2
  • Baths 1
  • Appliances Stove, Refrigerator, Dishwasher
  • Rent $1,316/mo
  • Tenant Pays Electric,Gas
  • Lease Expires 03/27

  • Unit 2
  • Floor 2
  • Rooms 7
  • Beds 3
  • Baths 1
  • Appliances Stove, Refrigerator
  • Rent $1,400/mo
  • Tenant Pays Electric,Other
  • Lease Expires 06/27

  • Unit 3
  • Floor 0
  • Baths 0
  • Appliances None
  • Rent $0/mo
  • Tenant Pays None
  • Lease Expires 0

Exterior Features

  • Parking
  • # of Cars:  2.5

Building Information
  • Number of Units 3
  • Age of Building 100+ Years

Location
  • County Cook
  • Township Hyde Park
  • Corporate Limits Chicago
  • Directions to Property From 79th/state, Drive About 4 Blocks And Turn Right Onto South Calumet To 7936. From 79th And King Dr, Drive West For One Block And Turn Left Onto Calumet Ave And Go To 7936.

  • Schools
  • Elementary School District 299
  • Junior High District 299
  • High School District: 299

  • Property Taxes
  • Tax 3376
  • Tax Year 2023
  • Parcel Identification Number 20341040300000

Listed by Terri Conway for Keller Williams ONEChicago | Source: MRED as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 11/14/2026 3:32 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 Chatham

A strong history of prestigious African American-owned businesses established a solid base for a prosperous and successful Chicago neighborhood that is still present in Chatham and spills over into beautiful residential blocks and a viable commercial and dining district. Single-family homes dominate the neighborhood with a handful of multi-unit buildings here and there. But, for the most part Chatham residents live in classic bungalows and frame houses with small green yards and shaded front sidewalks. Along the main thoroughfares dozens of restaurants, takeout places, and neighborhood bars line the street, welcoming familiar faces to enjoy a meal and relax after a long day. Scattered among the eateries are a good selection of clothing stores and unique boutiques, with a Target on hand for the best in one-stop shopping.

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