Exceptional investment opportunity in the heart of historic Bronzeville. This fully renovated three-unit building at 4040 S. Calumet Ave offers investors a rare turn-key asset with strong income and long-term appreciation potential. The property has undergone a complete rehabilitation in recent years, with significant updates throughout the building. Each unit is currently rented at above-market rents, providing immediate cash flow and stable tenancy for the new owner. The building has been well-maintained and updated, making it an ideal low-maintenance addition to an investment portfolio. With continued development and rising demand in Bronzeville, this property is well-positioned to benefit from long-term neighborhood growth and increasing property values. Located just minutes from downtown Chicago, residents enjoy easy access to public transportation, major expressways, and nearby amenities, including Washington Park, the Lake Michigan lakefront, and the DuSable Black History Museum and Education Center. The property is being sold in as-is condition and represents a rare opportunity to acquire a stabilized multi-unit in one of Chicago's most dynamic and rapidly appreciating neighborhoods.

Property Details

PRICE
$799,000
BEDROOMS
8
BATHROOMS
4
SQFT
N/A
YEAR BUILT
1893
PARKING SPOTS
N/A
MLS #
12584754
FULL ADDRESS
4040 4040 Calumet Avenue
CITY
Chicago, IL
ZIP
60653

Listing Details

Listing Office
RE/MAX Top Performers
Listing Agent
Sophie Beaudoin
Contact
847-295-0800
Last Data Update
2026-05-21T09:15:28Z

Interior

BATHROOMS
4 Full Bathrooms

Schools

School District
299
Elementary School
Wells Preparatory Elementary Sch
High School
Phillips Academy High School

Buy This Home With a Local Expert

22 years. 600+ Chicago closings. Individual, hands-on representation from first tour through close. Ken can be your buyer's agent on this property. Call 773.398.5585 or drop your details below.

MRED Logo
IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by MRED (Midwest Real Estate Data). Properties may or may not be listed by the office/agent presenting the information.

Some listings have been excluded from this website.

© 2026 At World Properties, LLC. All rights reserved

Other listings you might like

Let’s start the conversation!

Whether you’re buying, selling, or just exploring your options. I’m happy to share insights and expert guidance, no pressure, no obligations. Simply enter your contact below, and I’ll get back to you.

    By submitting this form, you acknowledge that no agency relationship is created by this submission; such a relationship requires a written agreement (Illinois Real Estate License Act of 2000). The personal information you provide will be used solely to respond to your inquiry and will not be sold or shared with third parties. See Privacy Policy for full details.

    NEWS & INFORMATION

    North Shore Market Sees Rising Competition

    The North Shore continues to see increased demand for luxury homes priced between $2 million and $3 million. Properties that once lingered on the market for six months or more are now selling within 60 days due to height...

    Read More

    Cirrus Penthouse Sale Reflects Downtown Condo Strength

    Downtown Chicago’s luxury condo market remains robust, as evidenced by the recent $4.1 million sale of a penthouse in the Cirrus condo tower. Located along the lakefront, this property offers breathtaking views and pre...

    Read More

    West Town Modern Home Highlights Buyer Preferences

    In Chicago’s West Town neighborhood, a contemporary single-family home listed at $1.5 million exemplifies the evolving tastes of luxury buyers. This five-bedroom, 3.5-bath property features modern amenities, sleek arch...

    Read More
    Office location - Ken JUNGWIRTH