5331 S Calumet Ave

5,175 Sq. Ft.
$200 / Sq. Ft.
5,175
Sq. Ft.
$200
per Sq. Ft.

Description

Fantastic four-unit, 2007 construction, owner-occupant investment opportunity in appreciating east Washington Park! Unit 4 has been rehabbed to feature modern improvements to be comparable to other new construction (in the area. All four units are 3-bed / 2-bath and three units have in-unit laundry hook-ups. All units have hardwood and tile throughout, modern appliances, gas-forced-heat / central air, granite counter tops, in-unit hot water tanks, and individual utilities. The residences are larger...Fantastic four-unit, 2007 construction, owner-occupant investment opportunity in appreciating east Washington Park! Unit 4 has been rehabbed to feature modern improvements to be comparable to other new construction (in the area. All four units are 3-bed / 2-bath and three units have in-unit laundry hook-ups. All units have hardwood and tile throughout, modern appliances, gas-forced-heat / central air, granite counter tops, in-unit hot water tanks, and individual utilities. The residences are larger than most of the new construction in the area, ranging in size between 1,200 and 1,400 SF and feature separate dining & living areas. The property has had extensive improvements in the last year to the interior and exterior (please request detailed building improvement list from broker). Other notable features: steel porches with individual outdoor spaces, sump pump and grinder pump, breaker panels in-unit, five exterior parking spaces with automatic gate, common coin laundry, new carpet and paint in common hallway, granite countertops and islands, separate living and dining areas, and updated lighting and bathroom fixtures. All kitchens have refrigerators, dishwashers, gas stoves, built-in microwaves, garbage disposals, and condo-quality cabinetry. The current leases are below market: Unit 1 - 2000, Unit 2 - 2,250, Unit 3 - 2350, and Unit 4 - 2750. This is a fantastic opportunity for an owner-occupant to occupy one unit and benefit from the income from the other three units. 5333 S Calumet and 5644 S Prairie also available for sale. Please request full marketing and building information from broker.
  1. Listed by Thomas Hart • 33 Realty
    P: (219)-465-8584 C: (219)-465-8584 gene.hart@33realty.com

Property Details for 5331 South Calumet Avenue

Area
CHI - Washington Park
Township
Hyde Park
Ownership
Fee Simple
Num Of Parking Spaces
5.0
Heat/Fuel
Natural Gas
Zoning
MULTI
LISTING UPDATED: 02/24/2026 02:19 AM

Property Details for 5331 South Calumet Avenue

StatusActive
MLS #12277868
Days on Market324
Taxes$17,140 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeTwo to Four Units / 4 Flat
Year Built2007
Lot Size0.12 AC / 5,131 SF
CountyCook County

Location

Listing Courtesy of 33 Realty
Add your commute

Building Information for 5331 South Calumet Avenue

Stories-Residences4Year Built2007Building Size-Lot Size0.12 AC / 5,131 SF

Payment Calculator

$6,473 per month

30 year fixed, 6.15% Interest

Principal and Interest

$5,044

Property Taxes

$1,428

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 5331 South Calumet Avenue

General Information
School Information
  • Elementary School District: 299
  • High School District: 299
  • Middle Or Junior School District: 299
Addtl Parking Information
  • Parking Details: Off Alley, Off Street, Yes
Property Information
Interior Features
  • Num Of Rooms: 24
  • Bedrooms Total: 12
  • Bedrooms (Below Grade): 0
  • Basement Type: Finished, Full
  • Bedrooms Possible: 12
  • Basement Bathrooms: No
  • # Full Baths in Building: 8
  • # Half Baths in Building: 0
  • Num of Baths: 8.0
Utilities / Equipment
  • Sewer: Sewer-Public
  • Water: Public
Property/Lot Information
  • New Construction YN: No
  • Rebuilt: No
  • Rehabilitated: Yes
  • Rehab Year: 2025
  • Built Before 1978: No
  • Age: 16-20 Years
  • Lot Size: Less Than .25 Acre
  • Lot Dimensions: 5131
  • Total # Units in Building: 4.0
  • Waterfront: No
  • Construction: Brick
  • General Information: None
  • North Coordinate: 0
  • South Coordinate: 5331
  • East Coordinate: 350
  • West Coordinate: 0
  • 3 Br Un In Bldg: Yes
Property and Assessments
  • Public Document Count: 1
  • Document Date: 2025-08-18T09:35:59
  • Photos Count: 67
  • OpenHouse Count: 0
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Income & Expenses
  • Electric Expense: $500.00
  • Fuel Expense: $1,000.00
  • Gross Income: $112,800.00
  • Insurance Expense: $3,448.00
  • Maintenance Expense: $2,400.00
  • Manager Expense: $.00
  • Electric Expense Source: Broker Projection
  • Fuel Expense Source: Broker Projection
  • Insurance Expense Source: Broker Projection
  • Other Addl Income: Coin Laundry
  • Repairs-Decor Expense Source: Broker Projection
  • Trash Expense Source: Actual
  • Water Expense Source: Broker Projection
  • Net Operating Income: $94,852.00
  • Trash Expense: $.00
  • Water Sewer Expense: $2,400.00
Unit 1
  • Unit Type Actual Rent: $1,900.00
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 1
  • Lease Expiration Date: 7/26
Unit 2
  • Unit Type Actual Rent: $2,200.00
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 2
  • Lease Expiration Date: 7/26
Unit 3
  • Unit Type Actual Rent: $2,074.00
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 3
  • Lease Expiration Date: 8/26
Unit 4
  • Unit Type Actual Rent: $2,750.00
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 4
  • Lease Expiration Date: N/A

Property History for 5331 South Calumet Avenue

DateEvent & SourcePriceAppreciation
Feb 18, 2026

Price Change

MRED #12277868

$1,035,000
Jan 29, 2026

Price Change

MRED #12277868

$1,040,000
Jan 6, 2026

Price Change

MRED #12277868

$1,045,000
Dec 26, 2025

Price Change

MRED #12277868

$1,049,500
Dec 18, 2025

Price Change

MRED #12277868

$1,054,500
Dec 8, 2025

Price Change

MRED #12277868

$1,055,000
Nov 16, 2025

Price Change

MRED #12277868

$1,077,500
Nov 11, 2025

Price Change

MRED #12277868

$1,080,000
Oct 26, 2025

Price Change

MRED #12277868

$1,090,000
Sep 24, 2025

Price Change

MRED #12277868

$1,099,500
Sep 5, 2025

Price Change

MRED #12277868

$1,100,000
Aug 18, 2025

Price Change

MRED #12277868

$1,120,000
Jul 7, 2025

Price Change

MRED #12277868

$1,174,000
May 24, 2025

Price Change

MRED #12277868

$1,174,999
May 18, 2025

Price Change

MRED #12277868

$1,175,000
May 5, 2025

Price Change

MRED #12277868

$1,179,000
May 2, 2025

Price Change

MRED #12277868

$1,180,000
Apr 8, 2025

Listed (Active)

MRED #12277868

$1,199,000
DateEvent & SourcePrice
02/18/2026

Price Change

MRED #12277868

$1,035,000
01/29/2026

Price Change

MRED #12277868

$1,040,000
01/06/2026

Price Change

MRED #12277868

$1,045,000
12/26/2025

Price Change

MRED #12277868

$1,049,500
12/18/2025

Price Change

MRED #12277868

$1,054,500
12/08/2025

Price Change

MRED #12277868

$1,055,000
11/16/2025

Price Change

MRED #12277868

$1,077,500
11/11/2025

Price Change

MRED #12277868

$1,080,000
10/26/2025

Price Change

MRED #12277868

$1,090,000
09/24/2025

Price Change

MRED #12277868

$1,099,500
09/05/2025

Price Change

MRED #12277868

$1,100,000
08/18/2025

Price Change

MRED #12277868

$1,120,000
07/07/2025

Price Change

MRED #12277868

$1,174,000
05/24/2025

Price Change

MRED #12277868

$1,174,999
05/18/2025

Price Change

MRED #12277868

$1,175,000
05/05/2025

Price Change

MRED #12277868

$1,179,000
05/02/2025

Price Change

MRED #12277868

$1,180,000
04/08/2025

Listed (Active)

MRED #12277868

$1,199,000

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

Schools near 5331 South Calumet Avenue

This home is within Chicago Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - PK to 8
Public - 9 to 12
Rating
School
Distance
Burke Elementary School
PublicPK to 8

Phillips Academy High School
Public9 to 12

Bronzeville Scholastic 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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5331 South Calumet Avenue is a multi-family home for sale in Chicago, IL 60615. This property was listed for sale on April 8, 2025 by 33 Realty, it's currently listed at $1,035,000. This listing's school district is Chicago Public Schools. Nearby schools include Burke Elementary School, Phillips Academy High School and Beasley Elementary Magnet Academic Center. 5331 South Calumet Avenue is a 12-bed, 8-bath, 5,175 sqft multi-family home built in 2007.

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.

Listing Courtesy of 33 Realty

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 02/24/2026 02:19 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.