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4235 S Calumet Ave
Pending
Multi-Family
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$2,538,000

4235 S Calumet Ave, Chicago

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25 bd·16 ba·0 sqft
Built 20087,812 sqft lotGrand Boulevard

4235 S Calumet Ave, Chicago, IL

25 bd · 16 ba · 0 sqft Multi-Family listed at $2,538,000, built in 2008 in the Grand Boulevard neighborhood.

About this home

7.45 Cap Breathe Rare Air. The finest portfolio of properties in Bronzeville is available for sale for the first time. The Bronzeville Collection, from developers with 45 years of experience, hits all the metrics for a turn-key acquisition - intelligent designs, durable renovations, functionality, and strong resident communities with a history of high renewal rates and low delinquencies. Future owners will possess immediate value, combined with long-term rental growth. Intimate, Exclusive, Boutique Masonry 8-unit residential Mid-Rise elevator building with 10 gated parking spaces, spanning 62 feet of frontage set in an exceptionally well-located site within 1/4 block of the Green Line and Pendleton Park. Built as condominiums in 2008, the development team de-converted to luxury boutique housing, with upgraded interior and exterior common elements and living spaces. Capital improvements included, but were not limited, to the following: a) intricate artesian sculptured iron fencing; b) botanic garden; c) zoned irrigation system inclusive of grounds and parkway, controlled by an app; d) common area art and lighting; e) downspout & gutter heaters; e) extensive masonry upgrades. The unit mix is as follows: (1) 4 bedroom, 2 1/2 bath duplex; (1) 3 bedroom, 2 1/2 bath duplex; (6) 3- bedroom, 2 bath flats. Refined living includes the following: a) professional grade kitchens; b) under-cabinet lighting; c) gas fireplaces; d) multiple terraces front and rear; e) walk-in closets; f) resort inspired primary bathrooms with dual sinks, soaking tubs and separate showers; g) individual HVAC; h) in-unit, full-size washers and dryers; i) double-hanging stainless-steel closets organizers; j) window treatments; k) dimmers, designer lighting, premium mill work and more. 190,392.02 NOI Please see broker private remarks for further scaling opportunities.

Property details

Price
$2,538,000
Bedrooms
25
Bathrooms
16
Year built
2008
Lot size
7,812 sqft
Type
Multi-Family
Days on market
96
Est. property tax
$52,790/yr · $4,399/mo · 2.08% IL avg

Estimated monthly payment

Down payment20% ($507,600)
Interest rate6.75%
Principal & Interest$13,169
Property Tax$2,327
Insurance$150
Total$15,646/mo

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Price history

$2.94M$2.72M$2.50M$2.90M on Jan 25 (Initial list)$2.79M on Feb 25 (Initial list)$2.79M on Mar 25 (Initial list)$2.60M on May 25 (Initial list)$2.60M on Jun 25 (Initial list)$2.60M on Jul 25 (Initial list)$2.54M on Oct 25 (Initial list)$2.54M on Nov 25 (Initial list)$2.54M on Nov 25 (Initial list)$2.54M on Jan 26 (Initial list)
$2.90M · Jan 25$2.54M · Jan 26
  1. Jan 19, 2026$2,538,000Initial list price
  2. Nov 26, 2025$2,538,000Initial list price
  3. Nov 6, 2025$2,535,000Initial list price
  4. Oct 7, 2025$2,535,000Initial list price
  5. Jul 10, 2025$2,595,000Initial list price
  6. Jun 5, 2025$2,595,000Initial list price
  7. May 6, 2025$2,595,000Initial list price
  8. Mar 12, 2025$2,789,000Initial list price
  9. Feb 11, 2025$2,789,000Initial list price
  10. Jan 22, 2025$2,900,000Initial list price

Location

This home is located in Chicago, IL. Browse more Chicago listings on the Chicago market page or explore the full Chicago market report.

About Chicago: Chicago is the most populous city in the U.S. state of Illinois and in the Midwestern United States. Located on the western shore of Lake Michigan, it is the third-most populous city in the United States, with a population of 2.74 million at the 2020 census. The Chicago metropolitan area has 9.41 million residents and is the third-largest metropolitan area in the country. Chicago is the seat of Cook County, the second-most populous county in the U.S. (source: Wikipedia)

Climate: Average year-round temperature is 51°F with 211 dry days per year and 39.9 inches of annual rainfall.

Location

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Home Intelligence

Neighborhood (zip 60653)

This neighborhood is primarily renter-occupied (30% owner-occupied). Median age is 36.5; 21% hold a bachelor's degree; median household income is $35,136.

Median income
$35,136
Median age
36.5
Owner-occupied
29.5%
Bachelor's degree
20.9%
Census median home value
$342,400

Source: US Census Bureau American Community Survey 5-year estimates.

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