# 4040 S Calumet Avenue, Chicago, IL 60653

> **TL;DR:** 8bd/4ba residential multi family, $849,000, built 1893. Est. $3,679/mo. Listed 35 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $849,000 |
| Bedrooms | 8 |
| Bathrooms | 4 full |
| Year Built | 1893 |
| Lot Size | 3,049 sqft (0.07 acres) |
| Property Type | Residential Multi Family (Other) |
| Status | For Sale |
| Days on Market | 35 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $3,679 |
| **Total** | **$3,679** |

## Nearby Schools

- **Elementary:** Wells Preparatory Elementary Sch
- **Middle:** Wells Preparatory Elementary Sch
- **High:** Phillips Academy High School

## Property Highlights

- Built in 1893
- 0.07 acre lot

## Description

### Agent Description
Exceptional investment opportunity in the heart of historic Bronzeville. This fully renovated three-unit building at 4040 S. Calumet Ave offers investors a rare turn-key asset with strong income and long-term appreciation potential. The property has undergone a complete rehabilitation in recent years, with significant updates throughout the building. Each unit is currently rented at above-market rents, providing immediate cash flow and stable tenancy for the new owner. The building has been well-maintained and updated, making it an ideal low-maintenance addition to an investment portfolio. With continued development and rising demand in Bronzeville, this property is well-positioned to benefit from long-term neighborhood growth and increasing property values. Located just minutes from downtown Chicago, residents enjoy easy access to public transportation, major expressways, and nearby amenities, including Washington Park, the Lake Michigan lakefront, and the DuSable Black History Museum and Education Center. The property is being sold in as-is condition and represents a rare opportunity to acquire a stabilized multi-unit in one of Chicago's most dynamic and rapidly appreciating neighborhoods.

## Location

- **Address:** 4040 S Calumet Avenue, Chicago, IL 60653
- **County:** Cook
- **Coordinates:** 41.820812, -87.618736
- **Google Maps:** https://www.google.com/maps?q=41.820812,-87.618736

## Listing Agent

- **Name:** Sophie Beaudoin
- **Brokerage:** RE/MAX Top Performers
- **Phone:** (847) 295-0800
- **Email:** sophie@thejaneleeteam.com

## Primary Photo

![4040 S Calumet Avenue - Primary Photo](http://lh.rdcpix.com/82bbc21a48c84774a8c30dc5353bdb87l-f3035865190r.jpg)

*7 total photos available on [listing page](https://www.propertysimple.com/listing/4040-s-calumet-avenue-chicago-il-60653-12584754)*

---

**MLS#:** 12584754 | **Updated:** 2026-04-26
**Source:** listhub

*Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/4040-s-calumet-avenue-chicago-il-60653-12584754)

---

## Structured Data

```json
{
  "@context": "https://schema.org",
  "@type": "RealEstateListing",
  "name": "4040 S Calumet Avenue, Chicago, IL 60653",
  "description": "Exceptional investment opportunity in the heart of historic Bronzeville. This fully renovated three-unit building at 4040 S. Calumet Ave offers investors a rare turn-key asset with strong income and long-term appreciation potential. The property has undergone a complete rehabilitation in recent years, with significant updates throughout the building. Each unit is currently rented at above-market rents, providing immediate cash flow and stable tenancy for the new owner. The building has been well",
  "url": "https://www.propertysimple.com/listing/4040-s-calumet-avenue-chicago-il-60653-12584754",
  "image": "http://lh.rdcpix.com/82bbc21a48c84774a8c30dc5353bdb87l-f3035865190r.jpg",
  "datePosted": "2026-04-26",
  "price": 849000,
  "priceCurrency": "USD",
  "address": {
    "@type": "PostalAddress",
    "streetAddress": "4040 S Calumet Avenue",
    "addressLocality": "Chicago",
    "addressRegion": "IL",
    "postalCode": "60653",
    "addressCountry": "US"
  },
  "geo": {
    "@type": "GeoCoordinates",
    "latitude": 41.820812,
    "longitude": -87.618736
  },
  "numberOfRooms": 8,
  "numberOfBathroomsTotal": 4,
  "yearBuilt": 1893
}
```