5219 South Calumet Avenue
5219 South Calumet Avenue
$4,125,000
48
26
—
—
—
Description
5219 s. Calumet is a 26-unit property located Chicago's historic Washington Park neighborhood. The asset is ideally situated within steps of Washington Park and just one block away from the Metra Train (51st Station), providing quick and easy transit via public transportation to Chicago's Downtown. 5219 S. Calumet is comprised of an incredibly desirable unit mix, consisting of nine (9) 1Bd/1Ba, twelve (12) 2Bd/1Ba, and five (5) 3Bd/1Ba units. All units are incredibly spacious and have been updated...5219 s. Calumet is a 26-unit property located Chicago's historic Washington Park neighborhood. The asset is ideally situated within steps of Washington Park and just one block away from the Metra Train (51st Station), providing quick and easy transit via public transportation to Chicago's Downtown. 5219 S. Calumet is comprised of an incredibly desirable unit mix, consisting of nine (9) 1Bd/1Ba, twelve (12) 2Bd/1Ba, and five (5) 3Bd/1Ba units. All units are incredibly spacious and have been updated both cosmetically and mechanically. In addition, the building boasts wood flooring throughout and easy access to newer laundry machines in the mechanical room. 5219 S. Calumet provides investors with the unique opportunity to obtain a stabilized, cash flowing asset in one of Chicago's most rapidly appreciating neighborhoods. From day one, an investor will realize an in-place cap rate over 7% and a cash return of 5.36%. Additionally, an investor has the option to assume the existing debt (terms below) through Freddie Mac: 5219 S Calumet: - $1,673,420 - 4.97% Rate - 5 Years Remaining
- Listed by John George • Kiser Group Realty Inc
- Listed by Joseph Bianchi • Kiser Group Realty Inc
Property Details for 5219 South Calumet Avenue
Area
CHI - Washington Park
Location
LISTING UPDATED: 03/19/2024 11:51 AM
Property Details for 5219 South Calumet Avenue
Status | Active |
---|---|
MLS # | 11977392 |
Days on Market | 110 |
Taxes | $37,736 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Multi Family 5+ / Multi Family 5+-Garden Complex |
Year Built | 1903 |
Lot Size | 0.32 AC / 13,790 SF |
County | Cook County |
Location
Building Information for 5219 South Calumet Avenue
Stories-Residences26Year Built1903Building Size-Lot Size0.32 AC / 13,790 SF
Payment Calculator
$25,656 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 5219 South Calumet Avenue
Property History for 5219 South Calumet Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 5219 South Calumet Avenue
Taxable ValueLand-Additions-Total-
Home Facts
Lot Size5,864 SqFtStyleGovernmental / Public UseCountyCOOKAPN20-10-306-025
Schools near 5219 South Calumet Avenue
This home is within City Of Chicago School District 299.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 | |||
Public - | PK to 8 |
Rating | School | Distance |
---|---|---|
Burke Elementary School PublicPK to 8 | ||
Phillips Academy High School Public9 to 12 | ||
Walter Henri Dyett HS for Arts Public9 to 12 | ||
Beasley Elementary Magnet Academic Center PublicPK 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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