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Chicago 60637 Washington Park
5938-40 S Calumet Avenue
$998,900
Commercial - For Sale

5938-40 S Calumet Avenue

Chicago, IL 60637
bedrooms
Studio
bathrooms
0 Bath
$5,544
Estimated Monthly
$0
HOA / Fees

About This Property

Vintage 1920's 8 unit apartment building in the South Side's emerging  Woodlawn quadrant. All units have generous room sizes, nine foot ceilings, oroginal restored hardwood floors. All eight units have separate gfa furnaces and hot water tanks. The apartment mix consists of A: 5,  4 bedroom, 1 bath units, B. 1, 3 bedroom, 1 bath unit; C. 1 1 bedroom, 1 bath unit;  D. 1 studio unit.  All units are leased. Cap rate on property is 8.7  Note the spacious lot dimensions. Property has a large  gated rear yard for tenant enjoyment . some parking off the alley
Unit Size
-
Days on Market
323 days
Land Size
-
Price per sqft
-
Property Type
Commercial
Property Taxes
$639
HOA Dues
-
Year Built
1905
Listed By
Marguerite Dooley
Charles Rutenberg Realty of IL
Last updated: 27 days ago (MREDIL #11812675)

Price History

Date / Event Date Event Price
Apr 11, 2024 Relisted $998,900
Relisted
Mar 29, 2024 In contract -
In contract
Dec 4, 2023 Price Decreased $998,900
↓ $200K (16.7%)
Price Decreased
Aug 16, 2023 Price Decreased $1,199,000
↓ $40K (3.2%)
Price Decreased
Jun 19, 2023 Listed by Charles Rutenberg Realty $1,239,000
Listed by Charles Rutenberg Realty
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Property Highlights

Air Conditioning
Exterior Details

Exterior Information

Brick
Stone

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Commercial
Loft
-
-
$1,075,000 Oct 3, 2023
-
$1,541/mo
Multifamily
9 Beds
-
-
$850,000 Jan 26, 2024
-
$318/mo
Multifamily
9 Beds
-
-
$859,000 Apr 10, 2024
-
$68/mo

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

5938 South Calumet Avenue 5938 South Calumet Avenue, Chicago, IL 60637
More about this Building
5938 South Calumet Avenue
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About South Side


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