Map of Property

4501 S Calumet Ave

For Sale

4501 S Calumet Ave, Chicago, IL 60653

This Chicago property for sale is located at 4501 S Calumet Ave. The general use of 4501 S Calumet Ave is office and it incorporates 11,652 square feet of class B office space. The current listed sale price for 4501 S Calumet Ave is $4,600,000. 4501 S Calumet Ave is situated on a lot that is 0.13 acre in size.

Contacts

broker
Finley Askin

Chicago Real Estate Resources

Property Details

  • Property Type Office - General Office
  • Property Size 11,652 SF
  • Units 20
  • Lot Size 0.13 Acre
  • Building Class B
  • Year Built 1888
  • Date Updated Apr 8, 2025
CRER is pleased to present 4501 S. Calumet, a 20-unit multifamily building located in the south side Chicago neighborhood of Bronzeville. The desirable unit mix includes (10) three-bedroom, (8) two-bedroom, and (2) one-bedroom units with 75% of the units having more than one bathroom. Each unit features spacious layouts with condo-quality finishes, hardwood floors, and in-unit laundry. There is an option to assume the existing loan with an interest rate of 3.94% and LTV of 75% based off list price. The building underwent a stunning renovation in 2020 that leaves no stone unturned. From the façade to the mechanical systems, the entire building has been upgraded, enabling this property to operate at maximum efficiency. This is an opportunity for an investor to acquire a turnkey property in a fast-appreciating neighborhood with 20% upside in the current rents.
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Getting around

  • 78/100

    Walk Score ®

  • 73/100

    Transit Score ®

  • 73/100

    Bike Score ®

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Location

  • City Chicago, IL
  • Neighborhood Bronzeville
  • Zip Code 60653
  • Market Chicago

Points of Interest

  • Garfield

    1.24 miles

  • 35th-Bronzeville-IIT

    1.39 miles

  • 35th-Bronzewille-IIT (34th Street Entrance)

    1.45 miles

  • 51st-53rd Street (Hyde Park)

    1.77 miles

  • 55th-56th-57th Street

    2.09 miles

  • 63rd Street

    2.70 miles

  • Halsted

    2.71 miles

  • Cermak-McCormick Place

    2.74 miles

  • Ashland

    3.05 miles

  • UIC-Halsted (Halsted Street)

    4.59 miles

  • BP

    0.38 miles

  • Citgo

    0.73 miles

  • GoLo

    0.79 miles

  • Mobil

    1.06 miles

  • Amstar

    1.23 miles

  • Super Save

    1.27 miles

  • ChargePoint

    1.79 miles

  • eVgo

    3.85 miles

  • Blink

    3.86 miles

  • Tesla Supercharger

    4.06 miles

  • Garfield Park & Ride

    1.19 miles

  • Lot L

    1.21 miles

  • Lot F

    1.29 miles

  • Tailgate Lot

    1.35 miles

  • VIP Lot E

    1.38 miles

  • Player Lot

    1.39 miles

  • VIP Lot D

    1.47 miles

  • Bus Parking

    1.49 miles

  • Lot A

    1.54 miles

  • Lot B

    1.54 miles

  • Amber Inn Motel

    0.76 miles

  • Sophy Hotel

    1.66 miles

  • Chicago Lake Shore Hotel

    1.75 miles

  • Hyatt Place Chicago-South/University Medical Center

    1.75 miles

  • The Study at the University of Chicago

    2.22 miles

  • The Polo Inn

    2.24 miles

  • Wyndham Chicago McCormick Hotel

    2.30 miles

  • Benedictine Bed and Breakfast

    2.50 miles

  • Best Motel

    2.59 miles

  • SpringHill Suites Chicago Chinatown

    2.65 miles

  • Adom African Market

    0.31 miles

  • Mariano's Fresh Market

    0.81 miles

  • One Stop Foods

    1.05 miles

  • Ross

    1.18 miles

  • Valley of Jordan

    1.29 miles

  • Jewel-Osco

    1.39 miles

  • Fairplay Foods

    1.51 miles

  • Target

    1.56 miles

  • Marshalls

    1.71 miles

  • Whole Foods Market

    1.71 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Finley Askin

Chicago Real Estate Resources

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