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Image 1 - 5938-5940 South Calumet Avenue, Chicago, IL 60637, USA - House for sale
Image 2 - 5938-5940 South Calumet Avenue, Chicago, IL 60637, USA - House for sale
Image 3 - 5938-5940 South Calumet Avenue, Chicago, IL 60637, USA - House for sale
Image 4 - 5938-5940 South Calumet Avenue, Chicago, IL 60637, USA - House for sale
Image 5 - 5938-5940 South Calumet Avenue, Chicago, IL 60637, USA - House for sale
Image 6 - 5938-5940 South Calumet Avenue, Chicago, IL 60637, USA - House for sale
Image 7 - 5938-5940 South Calumet Avenue, Chicago, IL 60637, USA - House for sale
Image 8 - 5938-5940 South Calumet Avenue, Chicago, IL 60637, USA - House for sale
Image 9 - 5938-5940 South Calumet Avenue, Chicago, IL 60637, USA - House for sale
Home For Sale In Chicago, Illinois
5938-5940 South Calumet Avenue, Chicago, IL 60637, USA

Home For Sale In Chicago, Illinois

house for sale
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Listed: 04/11/24

5938-5940 South Calumet Avenue, Chicago, IL 60637, USA

Studio Bed:
4 Bath:
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Price
$ 998,900

About This House

Vintage 1920's 8 unit apartment building in the South Side's emerging Woodlawn quadrant. All units have generous room sizes, nine foot ceilings, oroginal restored hardwood floors. All eight units have separate gfa furnaces and hot water tanks. The apartment mix consists ofA: 5, 4bedroom, 1 bath units, B. 1, 3bedroom, 1 bath unit; C. 1 1 bedroom, 1 bath unit; D. 1 studio unit. All units are leased. Cap rate on property is 8.7 Note the spacious lot dimensions. Property has a large gated rear yard for tenant enjoyment. some parking off the alley

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Washington Park Housing & Living

Household Income

Median household income: $57,238
Number of households: 1,1M
The average household income in Chicago, IL grew from $55,295 to $57,238 in the past year. This data is an estimate based upon 1,1M households in Chicago, IL.
The chart below presents how household income is distributed in Chicago, IL in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Chicago, IL compared to median property taxes around the country. The prevalent amount of property taxes in Chicago, IL equals $3k+ , which is more than the national average.