7918 S Calumet Ave

$630,000
Price
10
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Incredible Investment Opportunity! This well-maintained 9-unit multifamily building featuring separate living and dining areas in each unit, offering excellent rental appeal and consistent monthly revenue. Partially renovated, the property in few updated units, refinished hardwood floors, new kitchen countertops, and fresh paint throughout the common areas. Recent improvements include a new roof (2019), energy-efficient hot water tank, individual furnaces, and energy-saving upgrades throughout the...Incredible Investment Opportunity! This well-maintained 9-unit multifamily building featuring separate living and dining areas in each unit, offering excellent rental appeal and consistent monthly revenue. Partially renovated, the property in few updated units, refinished hardwood floors, new kitchen countertops, and fresh paint throughout the common areas. Recent improvements include a new roof (2019), energy-efficient hot water tank, individual furnaces, and energy-saving upgrades throughout the building. The property is fully occupied, making it a true turnkey investment with a solid return. Additional highlights include a 6-car garage, enclosed back porches, potential storage areas for tenants, a property management office, and a large backyard perfect for summer gatherings or future enhancements. Don't miss your chance to own a stable income-producing asset in a strong rental market!
  1. Listed by Carlas Gilbert • Prince Realty Group LLC
    P: (312)-373-0345 carlas@princerealtygroup.com; Carlas@princerealtygroup.com

Property Details for 7918 South Calumet Avenue

Area
CHI - Chatham
Township
Hyde Park
Zoning
COMMR
LISTING UPDATED: 11/12/2025 06:24 PM

Property Details for 7918 South Calumet Avenue

StatusActive
MLS #12435373
Days on Market134
Taxes$7,333 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family 5+ / Flats
Year Built1926
Lot Size0.25 AC / 10,890 SF
CountyCook County

Location

Listing Courtesy of Prince Realty Group LLC
Add your commute

Building Information for 7918 South Calumet Avenue

Stories2Residences9Year Built1926Building Size-Lot Size0.25 AC / 10,890 SF

Payment Calculator

$3,724 per month

30 year fixed, 6.28% Interest

Principal and Interest

$3,113

Property Taxes

$611

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 7918 South Calumet Avenue

General Information
Addtl Parking Information
  • Indoor Parking: 6-12 Spaces
Location and General Information
  • Information: List Broker Must Accompany,48-Hr Notice Required,Leases Avaliable,Standard
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Basement Type: Unfinished
  • Electric: Circuit Breakers
  • Heat/Ventilation: Forced Air
  • Washer/Dryer Lsd: No
  • Num of Baths: 10.0
Property/Lot Information
  • Owners Association: No
  • Tenant Pays: Electricity
  • Built Before 1978: Yes
  • Approximate Age: Older
  • Multi-Family Type: Flats,Garden Complex
  • Lot Dimensions: less than .25 acre
  • Stories: 2
  • Construction: Brick
  • Roof Structure: Flat
  • Foundation Details: Concrete Perimeter
Property and Assessments
  • Public Document Count: 0
  • Photos Count: 23
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 9
Income & Expenses
  • Electric Expense: $2,004.00
  • Fuel Expense: $1,815.00
  • Gross Income: $78,000.00
  • Gross Scheduled Income: $78,000.00
  • Insurance Expense: $7,684.00
  • Maintenance Expense: $400.00
  • Total Annual Expense Source: Owner Projection
  • Janitor Expense: 900
  • Total Monthly Income: 6500
  • Net Operating Income: $49,867.00
  • Operating Expense: $28,133.00
  • Other Expense: $.00
  • Trash Expense: $2,112.00
  • Water Sewer Expense: $5,885.00
Unit 1
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 1
  • Unit Type Units Total: 1
Unit 2
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 2
  • Unit Type Units Total: 1
Unit 3
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 3
  • Unit Type Units Total: 1
Unit 4
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 4
  • Unit Type Units Total: 2
Unit 5
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 5
  • Unit Type Units Total: 2
Unit 6
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 6
  • Unit Type Units Total: 2
Unit 7
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 7
  • Unit Type Units Total: 1

Property History for 7918 South Calumet Avenue

DateEvent & SourcePriceAppreciation
Aug 1, 2025

Listed (Active)

MRED #12435373

$630,000
DateEvent & SourcePrice
08/01/2025

Listed (Active)

MRED #12435373

$630,000

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

Public Records for 7918 South Calumet Avenue

Taxable ValueLand$8,739Additions$42,224Total$50,963
Tax Record2018$10,066 ($839 / month)
Home Facts
Stories2Lot Size9,764 SqFtStyleMulti-Family Res (5+ Units)Year Built1926CountyCOOKAPN20341040250000

Schools near 7918 South Calumet Avenue

This home is within Chicago Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 8
Charter - 6 to 12
Public - PK to 8
Charter - K to 8
Rating
School
Distance
Ruggles Elementary School
PublicPK to 8

Horizon Sci Academy Chatham Charter
CharterK to 8

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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7918 South Calumet Avenue is a multi-family home for sale in Chicago, IL 60619. This property was listed for sale on August 1, 2025 by Prince Realty Group LLC, it's currently listed at $630,000. This listing's school district is Chicago Public Schools. Nearby schools include Ruggles Elementary School, Perspectives Charter - Leadership Academy and Lenart Elementary Regional Gifted Center. 7918 South Calumet Avenue is a 10-bed, 10-bath, multi-family home built in 1926.

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 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 Prince Realty Group LLC

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 11/12/2025 06:24 PM. 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.