Discover a remarkable investment opportunity with this 100% occupied, income-producing 6-unit multifamily property, featuring long-term residents-some tenants have been here for over 20 years. This immaculate brick building not only generates immediate rental income but also represents a stable investment. The spacious unfinished basement offers endless possibilities for additional revenue by creating a future residential unit, pending zoning, permitting, and city approval. Buyer, please do your due diligence. Conveniently located near the Obama Presidential Center, Washington Park, and the University of Chicago, this property is ideal for savvy investors seeking reliable cash flow and the potential for future growth. Don't miss out on this incredible opportunity to enhance your investment portfolio. Contact the listing agent today for more information and take the first step towards securing your financial future!

Based on information submitted to MRED as of September 22, 2026 . All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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More Info

Basic Information

List Price$799,000
MLS Number12762000
Mls Status Active
Property TypeCommercial Sale

Building

Stories3
Units6
Year Built1892

Property Information

Construction Materials ["Brick", "Brick/Stone Msn Pred"]
Lot Size Dimensions 35x133
Lot Size Square Feet 4655

Tax Information

Tax Annual Amount $8,851
Tax Year 2025

Location

AreaWashington Park
Building Number5648
CountyCook
StateIL
StreetSouth Calumet Avenue
TownChicago
Township Hyde Park
Zip60637

Amenities

Other AmenitiesBasement

Other

Total Monthly Income$8,487
Date Listed09/17/2026
Gross Income $8,287
Gross Scheduled Income $101,844
Net Operating Income $72,295
Other Expense $1,200

Parking

Outdoor ParkingParking-Street
Parking Spaces

Basic Information

Property SubTypeMulti Family 5+

Property

ZoningMULTI

Utilities

Heat VentilationCentral Heat/Indiv Controls
Cooling Window Unit(s)
Electric ["Separate Meters"]
Trash Expense $4,493
Water Sewer Expense $2,257

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