5838-40 South Calumet AvenueChicago, IL 60637Price: $690,000

  • Price: $690,000
  • 42 Days on Market
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Federal 30-year interest rate: 7.22% last updated on Nov 30, 2023
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • 1909Year Built

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Desirable 6 unit building in the rapidly emerging Woodlawn quadrant. Minutes from Hyde Park, University of Chicago, future Obama library and the Lakefront. All units are identical, with the second & third floors having large private wrought iron balconies bringing in a touch of the outdoors. Large rear fenced yard for tenant enjoyment. All rooms are generously sized, with excellent closet space. Yearly expenses are low- all tenant paid utilities . All units leased. 9% cap rate attractive to investors.

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Listed by Marguerite Dooley of Charles Rutenberg Realty of IL

Based on information submitted to MRED  as of December 6, 2023 . 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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