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4447 S Calumet Avenue Chicago, IL 60653 • Multi Unit - Multiple • Contingent

  • 4447 S Calumet Avenue, Chicago, IL 60653 Main Photo

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Description

READY FOR OCCUPANCY Welcome to the Calumet Collection-a newly constructed three-flat showcasing refined finishes, thoughtful layouts, and exceptional investment potential, all just minutes from downtown Chicago and the lakefront. Situated on a 25 x 128 lot, each spacious residence offers three bedrooms and two full bathrooms, including a private primary suite with a beautifully appointed bathroom featuring an oversized shower, frameless glass, custom mirrors, and designer plumbing fixtures. Each unit includes a professionally designed kitchen with custom cabinetry, integrated appliances, quartz island, custom backsplash, and engineered flooring throughout. Professional closet organization provides additional function and convenience. Three exterior parking spaces are included. Developed by an experienced team with more than 25 years in the industry and backed by a one-year warranty. Ideal for an owner-occupant looking to live in one unit and rent the others out while owning an 7 figure appreciating asset at a low monthly, investor, or 1031 exchange buyer seeking a turnkey property with convenient access to downtown and the lakefront. Part of an exclusive four-building collection and available for immediate delivery. Projected monthly income: $8,950. Projected annual income: $107,400. Projected cap rate: 6.6. Photos are from the actual project.

Property Highlights

Property Type: Multi Unit - Multiple

General Information

Bedrooms: 9
Bathrooms: 6
County: Cook
Listed By:
eXp Realty 888-574-9405
MRED MLS
$1,149,000
Est. $8,049/mo
9beds
6baths
Contingent
BEDS9 BATHS6 full MLS#12762068
STATUSContingent PROPERTY TYPEMulti Unit - Multiple SCHOOLDistrict 299

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4447 S Calumet Avenue, Chicago, IL 60653.

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Loan Type FHA 30 Year FixedVA 30 year fixed30 yr Jumbo
Purchase Price $1,149,000$1,149,000$1,149,000
Down Payment $40,215$0$229,800
Monthly Mortgage Amount $7,317$7,809$6,115
Taxes $1599$1599$1599
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $690$0$0
Monthly Estimated Total $9,941$9,743$8,049

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