3920-34 S Calumet Avenue
Chicago, IL 60653

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Description

Fully Stabilized Bronzeville Location-Series of 7 New/er Construction 3 Flat all 3 bedroom 2 bath units rear patio/decks all with 3 car garages- 21 total units. Intelligently designed apartments featuring clean white cabinetry in a professional kitchen setting, stainless steel appliance package, quartz island with a full backsplash and dedicated dining areas in each. Rich and warm wide planked LVT flooring throughout, making it both beautiful and practical for longevity. Open and bright living room has a separate breakfast nook for daily dining, and both guest bedrooms can accommodate queen-sized beds. Primary suite is expansive with walk-in closet and a spa-level bathroom with an oversized shower, glass enclosure, and crisp black metal plumbing and trim details. All units include high-efficiency furnaces, tankless hot water heaters, full window treatments, in-unit washer/dryer, private rear terrace, and secure premises with 3 car garage. AAA Trophy Piece- Fully stabilized. Perfect Turn-key or Future 1031 opportunity. Hyper Convenient, Exceptional property and location.

Features

• Property Type: Commercial
• Sub Type: Multi Family 5+
• Listing Status: Active
• County/Area: Cook County
• Zip Code: 60653
• Year Built: 2025
• Stories: 3
• Units: 21 units
• Zoning: MULTI
• # Of Dishwashers: 21
• # Of Dryers: 21
• # Of Ranges: 21
• # Of Refrigs: 21
• # Of Washers: 21
• Additional Parcels: Yes
• Approximate Age: 1-6 Years
• Cap Rate: 5.7
• Construction Materials: Brick, Block, Stone
• Cooling: Central Air
• Directions: Pershing Road to Calumet, head South to Property
• Electric: Circuit Breakers
• Electric Expense: 7406
• Electric Expense Source: Owner Projection
• Expense Year: 2025
• Foundation Details: Concrete Perimeter
• Fuel Expense: 3290
• Fuel Expense Source: Owner Projection
• Green Energy Efficient: Water Heater
• Gross Income: 54045
• Gross Rent Multiplier: 13
• Gross Scheduled Income: 624540
• Heat/Ventilation: Forced Air, Gas
• Indoor Parking: 19-30 Spaces
• Information: List Broker Must Accompany
• Insurance Expense: 23718
• Insurance Expense Source: Owner Projection
• Land Amenities: Curbs and Gutters, Sidewalks
• Main Type: Commercial Sale
• Maintenance Expense: 7000
• Operating Expense: 56478
• Ownership Type: Limited Liability Corp
• Repairs-Decor Expense Source: Owner Projection
• Roof: Rubber
• Roof Structure: Flat, Other
• Tax Annual Amount: 166208
• Tax Year: 2024
• Total Annual Expense Source: Owner Projection
• Total Monthly Income: 65045
• Township: Hyde Park
• Trash Expense Source: Owner Projection
• Type Multi-Family: Flats
• Unincorporated (Y/N): Yes
• Virtual Tour Date: 2026-03-18T18:31:28
• Water Expense Source: Owner Projection
• Water Sewer Expense: 15064