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Madeline Peterson

madeline.peterson@engelvoelkers.com +1(313) 600-4360

$ 320,000

Est. payment -/mo

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Active Under Contract

7424 S Calumet AVE Chicago, IL 60619

6 Beds

3 Baths

5,227 Sqft Lot

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active Under Contract

Purchase Type For Sale

MLS Listing ID 12556100

Bedrooms 6

Year Built 1915

Annual Tax Amount $3,376

Tax Year 2024

Lot Size 5,227 Sqft

Lot Dimensions 33.3 X 158.9

Property Sub-Type Two to Four Units

Property Description

This well-maintained brick two-flat offers an exceptional opportunity for both owner-occupants and investors alike. The property features two residential units plus a full walkout basement that significantly expands its functionality and income potential. The first floor welcomes you with a gracious foyer that opens into a living room and dining room, ideal for entertaining. An enclosed front balcony, accessible directly from the living room, provides the perfect spot to relax and enjoy fresh air during the warmer months. The second bedroom offers a generous walk-in closet, adding both comfort and storage. The second floor unit offers a similar spacious layout. A standout feature of this property is the walkout basement, which is accessible from Unit 1. The lower level includes an additional bedroom, full bathroom, living/dining area, and kitchen, making it ideal for extended living arrangements, an in-law suite, or additional rental income. Outside, you'll find a two-car garage along with ample yard space, perfect for spring and summer gatherings. Whether you're looking to live in one unit and rent the other, generate income from multiple spaces, or simply invest in a versatile and well-cared-for multifamily property, this home offers endless possibilities.

Location

State IL

County Cook

Area Chi - Greater Grand Crossing

Rooms

Basement Partially Finished, Full, Walk-Out Access

Interior

Heating Natural Gas

Fireplace N

Exterior

Garage Spaces 2.0

Building

Dwelling Type Two to Four Units

Building Description Brick, No

Sewer Septic-Mechanical

Water Lake Michigan

Structure Type Brick

New Construction false

Schools

School District 299 , 299, 299

Others

Ownership Fee Simple

Special Listing Condition None

Listed by Riley Hextell of eXp Realty

NEARBY SCHOOLS & PROPERTIES

Madeline Peterson

Advisor

+1(313) 600-4360

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