4522 S Calumet Ave

Chicago, IL 60653

$995,000
Price
14
Beds
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.
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Listed By @properties
Listed By @properties

Description

Investor alert in Bronzeville. Solid 6-unit brick apartment building located at 4522 S. Calumet Ave offering strong in-place income with clear upside. The property features two spacious 3BD/1.5BA units and four 2BD/1BA units, totaling approximately 6,600 SF on a 6,000 SF lot. The building underwent a full permitted renovation in 2014, including updated plumbing, electrical, porches, masonry repairs, and interior upgrades, providing investors with a solid operational foundation. Currently, fully-occupied,...Investor alert in Bronzeville. Solid 6-unit brick apartment building located at 4522 S. Calumet Ave offering strong in-place income with clear upside. The property features two spacious 3BD/1.5BA units and four 2BD/1BA units, totaling approximately 6,600 SF on a 6,000 SF lot. The building underwent a full permitted renovation in 2014, including updated plumbing, electrical, porches, masonry repairs, and interior upgrades, providing investors with a solid operational foundation. Currently, fully-occupied, this asset presents a classic Bronzeville value-add opportunity with simple cosmetic updates like refinished floors, fresh paint, and kitchen improvements offer the ability to push rents toward market levels and unlock additional NOI. Additional highlights include individual heating systems, individual hot water tanks, and three on-site parking spaces. Tenants pay gas and electric, helping keep operating costs predictable. Positioned in one of Chicago's fastest-evolving neighborhoods, the property sits near CTA Green and Red Lines, Interstate 90 access, Illinois Institute of Technology, the University of Chicago, and a growing list of retail and lifestyle amenities fueling continued demand. Stable building. Strong unit mix. Real upside. Opportunities like this in Bronzeville don't stay available long.
  1. Listed by Kevin Rocio • @properties Christie’s International Real Estate
    P: (312)-972-4381 kjrocio@atproperties.com

Property Details for 4522 South Calumet Avenue

Area
CHI - Grand Boulevard
Air Conditioning Type
Window Unit(s)
Num of Interior Fireplaces
0
Zoning
MULTI
LISTING UPDATED: 03/11/2026 12:07 AM

Property Details for 4522 South Calumet Avenue

StatusActive
MLS #12584106
Days on Market7
Taxes$12,716 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family 5+ / Multi Family 5+-Other
Year Built1880
Lot Size0.11 AC / 4,699 SF
CountyCook County
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Location

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Building Information for 4522 South Calumet Avenue

Stories3Residences6Year Built1880Building Size-Lot Size0.11 AC / 4,699 SF

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$5,909 per month

30 year fixed, 6.15% Interest

Principal and Interest

$4,849

Property Taxes

$1,060

HOA Dues

$0

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Property Information for 4522 South Calumet Avenue

General Information
Location and General Information
  • Frontage Type: City Street
  • Information: 24-Hr Notice Required,List Broker Must Accompany,None
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Basement Type: Finished
  • Air Conditioning: Window Unit(s)
  • Electric: Circuit Breakers
  • # Of Washers: 0
  • Heat/Ventilation: Central Heat/Indiv Controls,Forced Air
  • # Of Window/Ac: 0
  • # Of Refrigerators: 6
  • Washer/Dryer Lsd: No
  • # Of Dryers: 0
  • # Of Disposals: 0
  • # Of Dishwashers: 6
  • Num of Baths: 6.2
Utilities / Equipment
  • Water: Municipal Water
  • Utilities: Sewer Connected, Cable Available
Property/Lot Information
  • Tenant Pays: Electricity, Heat
  • Built Before 1978: Yes
  • Approximate Age: Older
  • Multi-Family Type: Other
  • Lot Size Source: County Records
  • Lot Dimensions: 129.5 x 36.5
  • Lot Size Square Feet: 4699.0
  • Stories: 3
  • Construction: Brick
  • Roof Structure: Flat
  • Building Area Total: 5238
  • # Of Ranges: 6
Property and Assessments
  • Public Document Count: 2
  • Document Date: 2026-03-08T21:31:06
  • Photos Count: 7
Miscellaneous
  • Current Use: Multi-Family
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 6
Income & Expenses
  • Electric Expense: $.00
  • Fuel Expense: $.00
  • Gross Income: $110,808.00
  • Gross Scheduled Income: $110,808.00
  • Insurance Expense: $4,665.00
  • Maintenance Expense: $3,000.00
  • Manager Expense: $5,263.00
  • Electric Expense Source: Actual
  • Expense Year: 2025
  • Total Annual Expense Source: Actual
  • Fuel Expense Source: Actual
  • Insurance Expense Source: Actual
  • Janitor Expense: 1200
  • Manager Expense Source: AC
  • Other Expense Source: Actual
  • Repairs-Decor Expense Source: Actual
  • Trash Expense Source: Actual
  • Total Monthly Income: 9234
  • Water Expense Source: Actual
  • Net Operating Income: $69,475.00
  • Operating Expense: $35,792.00
  • Other Expense: $2,640.00
  • Trash Expense: $2,862.00
  • Water Sewer Expense: $3,446.00
Unit 1
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 1
  • Unit Type Units Total: 1
Unit 2
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 2
  • Unit Type Units Total: 1
Unit 3
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 3
  • Unit Type Units Total: 1
Unit 4
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 4
  • Unit Type Units Total: 1
Unit 5
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 5
  • Unit Type Units Total: 1
Unit 6
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 6
  • Unit Type Units Total: 1
Unit 7
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 7
  • Unit Type Units Total: 0

Property History for 4522 South Calumet Avenue

DateEvent & SourcePriceAppreciation
Mar 5, 2026

Listed (Active)

MRED #12584106

$995,000—
Jun 3, 2025

Expired

MRED #12199894

$950,000—
Mar 3, 2025

Listed (Active)

MRED #12199894

$990,000—
Feb 28, 2025

Expired

MRED #12199894

$950,000—
Dec 10, 2024

Listed (Active)

MRED #12199894

$990,000—
Dec 3, 2024

Cancelled

MRED #12199138

$990,000—
Oct 30, 2024

Listed (Active)

MRED #12199138

$990,000—
Aug 27, 2021

Cancelled

MRED #11063605

$875,000—
Apr 23, 2021

Listed (Active)

MRED #11063605

$875,000—
Jan 14, 2014

Sold

MRED #08211796

$65,000—
Jan 8, 2014

Listed (Active)

MRED #08211796

$89,900—
Oct 30, 2012

Cancelled

MRED #08164265

$109,900—
Sep 21, 2012

Listed (Active)

MRED #08164265

$109,900—
DateEvent & SourcePrice
03/05/2026

Listed (Active)

MRED #12584106

$995,000
06/03/2025

Expired

MRED #12199894

$950,000
03/03/2025

Listed (Active)

MRED #12199894

$990,000
02/28/2025

Expired

MRED #12199894

$950,000
12/10/2024

Listed (Active)

MRED #12199894

$990,000
12/03/2024

Cancelled

MRED #12199138

$990,000
10/30/2024

Listed (Active)

MRED #12199138

$990,000
08/27/2021

Cancelled

MRED #11063605

$875,000
04/23/2021

Listed (Active)

MRED #11063605

$875,000
01/14/2014

Sold

MRED #08211796

$65,000
01/08/2014

Listed (Active)

MRED #08211796

$89,900
10/30/2012

Cancelled

MRED #08164265

$109,900
09/21/2012

Listed (Active)

MRED #08164265

$109,900

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 4522 South Calumet Avenue

This home is within Chicago Public Schools.
Rating
School
Type
Grades
Distance
Mollison Elementary School
Public - PK to 8
Phillips Academy High School
Public - 9 to 12
Jefferson Alt High School
Public - 6 to 12
York Alternative High School
Public - 9 to 12
Rating
School
Distance
Mollison Elementary School
PublicPK to 8

Phillips Academy High School
Public9 to 12

Jefferson Alt High School
Public6 to 12

York Alternative High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 4522 South Calumet Avenue, Chicago, IL 60653

4522 South Calumet Avenue is a multi-family home for sale in Chicago, IL 60653. This property was listed for sale on March 5, 2026 by Compass, it's currently listed at $995,000. It has been on the market for a total of 7 days and was last sold on January 14, 2014. This listing's school district is Chicago Public Schools. Nearby schools include Mollison Elementary School, Phillips Academy High School and Jefferson Alt High School. 4522 South Calumet Avenue is a 14-bed, 8-bath, multi-family home built in 1880.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 03/11/2026 12:07 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.