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Price cut: $199,000
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Two to Four Units · Chicago, IL
$1,000,000$1,199,000
12 beds · 8 baths
5331 S Calumet Avenue, Chicago, IL, 60615
A brick-and-mortar place to make your own — room to make it home.
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What’s special

Fantastic four-unit, 2007 construction, owner-occupant investment opportunity in appreciating east Washington Park! Unit 4 has been rehabbed to feature modern improvements to be comparable to other new construction (in the area. All four units are 3-bed / 2-bath and three units have in-unit laundry hook-ups. All units have hardwood and tile throughout, modern appliances, gas-forced-heat / central air, granite counter tops, in-unit hot water tanks, and individual utilities. The residences are larger than most of the new construction in the area, ranging in size between 1,200 and 1,400 SF and feature separate dining & living areas. The property has had extensive improvements in the last year to the interior and exterior (please request detailed building improvement list from broker). Other notable features: steel porches with individual outdoor spaces, sump pump and grinder pump, breaker panels in-unit, five exterior parking spaces with automatic gate, common coin laundry, new carpet and paint in common hallway, granite countertops and islands, separate living and dining areas, and updated lighting and bathroom fixtures. All kitchens have refrigerators, dishwashers, gas stoves, built-in microwaves, garbage disposals, and condo-quality cabinetry. The current leases are below market: Unit 1 - 2000, Unit 2 - 2,250, Unit 3 - 2350, and Unit 4 - 2750. This is a fantastic opportunity for an owner-occupant to occupy one unit and benefit from the income from the other three units. 5333 S Calumet and 5644 S Prairie also available for sale. PLEASE REQUEST FULL MARKETING AND BUILDING INFORMATION FROM BROKER.
— the listing agent’s description

The home

12 beds
8 baths
Built in 2007
Lot 5131
Two to Four Units

What it’ll cost

$17,140 taxes / yr
No HOA
Listed $1,199,000
Now $1,000,000
433 days on dwello

Estimated monthly payment

$7,037/mo
Principal & interest$5,317
Property taxes$1,428
Homeowners insurance$292
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Jun 3
THU
Jun 4
FRI
Jun 5
SAT
Jun 6
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433 days on dwello
Price history
Price reduced
Jun 14, 2026
↓ $199,000$1,000,000
Listed for sale
Apr 8, 2025
$1,199,000
Now $199,000 below the original list price.
Property taxes
2025
Annual tax bill (MLS)
$17,140/yr
Assessed value
2025
County assessor
$85,001~$850,010 mkt
2024
$85,001~$850,010 mkt
Assessed value from the Cook County Assessor (open records). Estimated market ≈ assessed × 10 for residential; not an appraisal — verify with the assessor.

Features

Natural GasBrickPublic SewerOff AlleyOff Street
Neighborhood
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MLS listing dataMRED
Listed by Thomas Hart · 33 Realty
Listing last updated Jun 14, 2026 · data refreshed from the MLS Jun 17, 2026, 6:29 PM CT
Based on information submitted to the MLS GRID as of Jun 17, 2026, 6:29 PM CT. Listing data © MRED LLC, distributed by MLS GRID — deemed reliable but not guaranteed; independently verify. Anything shown below this point is not MLS listing data.
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