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4533-4547 S Calumet Ave 24 Unit Apartment Building $5,010,120 CAD ($208,755 CAD/Unit) Chicago, IL 60653
Executive Summary
25-Unit Multifamily Investment | Bronzeville, Chicago
Exceptional opportunity to acquire a 25-unit, 95% occupied multifamily asset in the heart of Chicago’s rapidly growing and historic Bronzeville corridor.
This classic brick building features all 3-bedroom, 1-bathroom units, with rents currently ranging from $1,900 to $2,400, offering strong in-place income from day one. Select units include guaranteed CHA rents, providing immediate and reliable cash flow for investors.
Recent capital improvements include a new boiler, water heater, and updated electrical systems, minimizing near-term capital expenditures.
Positioned in a high-demand location, this asset presents both stable cash flow and value-add upside through continued rent growth and full stabilization.
Conveniently located just 10 minutes from downtown Chicago, with easy access to transportation and ongoing neighborhood development.
Exceptional opportunity to acquire a 25-unit, 95% occupied multifamily asset in the heart of Chicago’s rapidly growing and historic Bronzeville corridor.
This classic brick building features all 3-bedroom, 1-bathroom units, with rents currently ranging from $1,900 to $2,400, offering strong in-place income from day one. Select units include guaranteed CHA rents, providing immediate and reliable cash flow for investors.
Recent capital improvements include a new boiler, water heater, and updated electrical systems, minimizing near-term capital expenditures.
Positioned in a high-demand location, this asset presents both stable cash flow and value-add upside through continued rent growth and full stabilization.
Conveniently located just 10 minutes from downtown Chicago, with easy access to transportation and ongoing neighborhood development.
Data Room Click Here to Access
- Operating and Financials
Financial Summary (Pro Forma - 2026) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
Financial Summary (Pro Forma - 2026) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
| Price | $5,010,120 CAD | Building Class | C |
| Price Per Unit | $208,755 CAD | Lot Size | 0.29 AC |
| Sale Type | Investment | Building Size | 22,800 SF |
| No. Units | 24 | Average Occupancy | 96% |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built/Renovated | 1886/2021 |
| Apartment Style | Low-Rise | Parking Ratio | 0.44/1,000 SF |
| Zoning | RM-5 | ||
| Price | $5,010,120 CAD |
| Price Per Unit | $208,755 CAD |
| Sale Type | Investment |
| No. Units | 24 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.29 AC |
| Building Size | 22,800 SF |
| Average Occupancy | 96% |
| No. Stories | 3 |
| Year Built/Renovated | 1886/2021 |
| Parking Ratio | 0.44/1,000 SF |
| Zoning | RM-5 |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
Site Amenities
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Trash Pickup - Curbside
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 24 | - | - |
1 1
Moderately walkable
70/100
Moderately drivable
60/100
Good public transit
70/100
Moderately bikeable
70/100
Property Taxes
| Parcel Numbers | Total Assessment | $415,068 CAD (2025) | |
| Land Assessment | $124,794 CAD (2025) | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $290,273 CAD (2025) | Tax Year | 2026 |
Property Taxes
Parcel Numbers
Land Assessment
$124,794 CAD (2025)
Improvements Assessment
$290,273 CAD (2025)
Total Assessment
$415,068 CAD (2025)
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2026
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4533-4547 S Calumet Ave
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