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4957 S Calumet Ave 4957 S Calumet Ave 15 Unit Apartment Building $3,827,740 CAD ($255,183 CAD/Unit) 7.04% Cap Rate Chicago, IL 60615

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Investment Highlights

  • Access & Connectivity
  • Dynamic Chicago Location
  • Separately Metered Utilities
  • Local Dining & Retail
  • Desirable Brick Construction
  • Strong Rental Demographics & Demand

Executive Summary

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the multi-family investment property located at 4957 S Calumet Ave in Chicago, IL (the “Property”). The three-story building contains fifteen (15) 2-Bedroom/1-Bathroom units with 15,000 square feet of gross living area in 16,000 square feet of gross area. The Property is situated upon a 0.15-acre parcel and offers on-street parking. 4957 S Calumet Avenue is well-positioned in Chicago’s historic Bronzeville neighborhood, offering strong access to downtown Chicago and the surrounding residential corridors. The property benefits from convenient connectivity to major thoroughfares including Lake Shore Drive and the Dan Ryan Expressway (I-90/I-94), providing efficient regional access throughout Chicago and the broader metropolitan area, while remaining within close proximity to neighborhood retail, public transit, and lakefront amenities that support long-term residential demand.

Property Facts

Price $3,827,740 CAD
Price Per Unit $255,183 CAD
Sale Type Investment
Cap Rate 7.04%
No. Units 15
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.15 AC
Building Size 16,000 SF
Average Occupancy 100%
No. Stories 3
Year Built 1902
Zoning R
Walk Score®
Very Walkable (82)
Transit Score®
Excellent Transit (74)
Bike Score®
Very Bikeable (75)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Property Taxes

Property Taxes

Parcel Number
20-10-117-014-0000
Land Assessment
$30,626 CAD
Improvements Assessment
$202,760 CAD
Total Assessment
$233,386 CAD
  • Listing ID: 39640552

  • Date on Market: 2026-03-03

  • Last Updated:

  • Address: 4957 S Calumet Ave, Chicago, IL 60615

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