5319 S Calumet Ave

Chicago, IL 60615
  • $800,000

    Price
  • 12

    Bed
  • 6

    Bath
  • 0

    SqFt

About the Listing 29244 - 263939

Strategic Investment Opportunity: 4-Unit Value-Add Near Obama Center Unlock Immense Appreciation in a Growing Tech & Cultural Hub Position yourself at the forefront of Chicago's South Side revitalization with this high-yield 4-unit property. Perfectly situated "right up the street" from the landmark Obama Presidential Center, which is confirmed to open in June 2026. This is a rare "blank canvas" opportunity to capitalize on a neighborhood where home values have already increased since the project's announcement. Key Investment Highlights: INCOME POTENTIAL: Rare 4-unit configuration featuring a legal two-bedroom basement garden suite, maximizing your rental yield. SIGNIFICANT CAPEX ALREADY COMPLETED: Heavy lifting is done with a new roof, new front columns, and a new balcony. All exterior doors, the back porch, and the secure sliding gate are less than 2 years old. "BLANK CANVAS REHAB: The interior is ready for a complete modern transformation, allowing you to build immediate equity through renovations tailored to high-demand rental trends. PREMIER LOCATION: Benefit from the massive economic boom expected to draw tens of thousands of visitors annually to the surrounding Woodlawn and South Shore areas. "When it opens in June, this place will be spectacular!" REVIEW FROM A GOOGLE USER about Barack Obama presidential library SEIZE THE OPPORTUNITY TO DOUBLE YOUR EQUITY before the global spotlight hits. Schedule a walkthrough today to see the potential for yourself.

Listing Highlights

Status Active
Days on Site 20
Property Type Multi-Family
MLS ® 12560849
Year Built 1910
Total Square Footage 0
Lot/Acreage 50 x 180
County Cook
School District 299

Interior Details

  • Bedrooms: 12
  • Bathrooms: 6 Full
  • Appliances:
  • Air Cond:
  • Heating: Forced Air,Radiant
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement: Partially Finished,Full
  • Other:
  • Water: Public

Exterior Details

  • Garage Capacity: N/A
  • Parking Spaces: 6
  • Lot Dimensions: 50 x 180
  • Roof:
  • Others:
  • Sewer: Public Sewer
  • Parking Features: Yes

Financial Details

  • Tax Amount: $6,370
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 20103130030000
  • Tax Year: 2023

Payment Calculator

Monthly Payment

  • in Principal and Interest
  • in Taxes
Years
% Down Payment
% Mortgage Rate

Questions About..

5319 S Calumet Ave Chicago, IL 60615

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Never Miss A New Property

Get notified any time there's a new home on the market in this neighborhood!

Don't worry! We'll never spam you or sell your details. You can unsubscribe whenever you'd like.

Originating MLS: mred

|

home

Are you buying or selling a home?

Buying
Selling
Both
home

When are you planning on buying a new home?

1-3 Mo
3-6 Mo
6+ Mo
home

Are you pre-approved for a mortgage?

Yes
No
Using Cash
home

Would you like to schedule a consultation now?

Yes
No

When would you like us to call?

Thanks! We’ll give you a call as soon as possible.

home

When are you planning on selling your home?

1-3 Mo
3-6 Mo
6+ Mo

Would you like to schedule a consultation or see your home value?

Schedule Consultation
My Home Value

or another way