Ad #7757066
MLS #12699903
7.5 CAP Breathe Rare Air. The sellers of this property portfolio
4240 S Calumet Ave, Chicago, Illinois, 60653
$1,705,000
20Beds
14Baths
0Sqft
0.149Acres
About this property
7.5 CAP Breathe Rare Air. The sellers of this property portfolio are not just seasoned investors; they are passionate visionary stewards with over 45 years of experience in branded high quality property development and management. Since 2007, they have meticulously curated each asset in the Bronzeville collection, focusing on longevity, quality, and the future potential of every investment. Every property reflects an unwavering commitment to excellence. From intelligent design choices to extensive renovations and improvements that prioritize durability, modernity, and lifestyle, they ensured no detail is overlooked. Their approach integrates a long-term vision with a hands-on philosophy, balancing aesthetic appeal and functionality while fostering strong tenant communities. A rare opportunity to obtain a sizeable AAA turnkey footprint from the best of the best. Welcome to 4240-42 S Calumet set in well located Dynamic Bronzeville 1/4 block to Green Line , Pendalton Park, 2 blocks to the future 100M Bronzeville Trail connecting to Chicago's world class Lakefront offering a stately elegant masonry and limestone fully stabilized center entrance side by side 6 residential units + 8 gated parking spaces spanning 50 feet of frontage. Originally developed as condominiums, the development team de converted and completed an extensive renovation and notable documented capital improvements offering abundant choice for numerous investment objectives. Craftsman designed iron fencing, inspired botanical garden park like setting rivaling arboretum status, zoned irrigation system inclusive of grounds controlled by phone app, cobbled granite pavers, edging banded in Cor-ten steel often used for monumental sculptures like Chicago's Picasso, exotic tree placards emulating the Botanical Gardens listing the origin, name and year planted. Intelligent expansive and diverse floorplans, unit mix offering includes: (2) extraordinary 4-bedroom 3 bath duplexes which live like single family homes, (4) expansive exceptional 3 bedroom 2 baths all with generous open flow, exposed brick, crown molding, individual HVAC, washer dryers in unit, custom closets, window treatments, dimmers, designer lighting, heated floors, composite rear decking, common area hotel caliber, intricate mill work and professional grade art offer a coveted branded lifestyle and a soft sampling of the exhausting list of unit features. 127,872.17 NOI Please see brokers private remarks for additional scalable opportunities.
Property Features
20 Beds
14 Baths
0 Sqft
Built in 1900
0.149 Acres
3 Stories
Lake Michigan - Cook County
Siding: Brick, Stone
$14,773 / yr property tax
Cook County
Additional Photos
Contact Information
Karen Biazar
North Clybourn Group, Inc.
773-252-0600
Location
Listing Agent: Karen Biazar 773-252-0600
Broker: North Clybourn Group, Inc. 773-252-0600 Listing Site
Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Broker: North Clybourn Group, Inc. 773-252-0600 Listing Site
Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
LakeHouse.com
Printed Jul 18, 2026
Photo Gallery
$1,705,000
20
Beds
14
Baths
0
Sqft
4240 S Calumet Ave, Chicago, Illinois, 60653
By contacting this agent you agree to these Terms and Conditions.
MLS# 12699903
7.5 CAP Breathe Rare Air. The sellers of this property portfolio
$1,705,000
4240 S Calumet Ave, Chicago, Illinois, 60653
20
Beds
14
Baths
0
Sqft
0.149
Acres
$1,705,000
4240 S Calumet Ave, Chicago, Illinois, 60653
20 Beds
14 Baths
0 Sqft
0.149 Acres
7.5 CAP Breathe Rare Air. The sellers of this property portfolio are not just seasoned investors; they are passionate visionary stewards with over 45 years of experience in branded high quality property development and management. Since 2007, they have meticulously curated each asset in the Bronzeville collection, focusing on longevity, quality, and the future potential of every investment. Every property reflects an unwavering commitment to excellence. From intelligent design choices to extensive renovations and improvements that prioritize durability, modernity, and lifestyle, they ensured no detail is overlooked. Their approach integrates a long-term vision with a hands-on philosophy, balancing aesthetic appeal and functionality while fostering strong tenant communities. A rare opportunity to obtain a sizeable AAA turnkey footprint from the best of the best. Welcome to 4240-42 S Calumet set in well located Dynamic Bronzeville 1/4 block to Green Line , Pendalton Park, 2 blocks to the future 100M Bronzeville Trail connecting to Chicago's world class Lakefront offering a stately elegant masonry and limestone fully stabilized center entrance side by side 6 residential units + 8 gated parking spaces spanning 50 feet of frontage. Originally developed as condominiums, the development team de converted and completed an extensive renovation and notable documented capital improvements offering abundant choice for numerous investment objectives. Craftsman designed iron fencing, inspired botanical garden park like setting rivaling arboretum status, zoned irrigation system inclusive of grounds controlled by phone app, cobbled granite pavers, edging banded in Cor-ten steel often used for monumental sculptures like Chicago's Picasso, exotic tree placards emulating the Botanical Gardens listing the origin, name and year planted. Intelligent expansive and diverse floorplans, unit mix offering includes: (2) extraordinary 4-bedroom 3 bath duplexes which live like single family homes, (4) expansive exceptional 3 bedroom 2 baths all with generous open flow, exposed brick, crown molding, individual HVAC, washer dryers in unit, custom closets, window treatments, dimmers, designer lighting, heated floors, composite rear decking, common area hotel caliber, intricate mill work and professional grade art offer a coveted branded lifestyle and a soft sampling of the exhausting list of unit features. 127,872.17 NOI Please see brokers private remarks for additional scalable opportunities.
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Property Details
HOME DETAILS
20 Beds
14 Baths
0 Sqft
Built in 1900
0.149 Acres
3 Stories
WATER & VIEW
Lake Michigan - Cook County
EXTERIOR
Siding: Brick, Stone
FINANCIAL & COMMUNITY
$14,773 / yr property tax
Cook County
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Location
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About Lake Michigan - Cook County
Looking for lakefront homes on Lake Michigan - Cook County? Find lake estate for sale here. Located in Cook County, Illinois. Discover the best lake front listings - properties, land, and acreage to build your dream lake house, cottage or cabin on. Search for an agent who specializes in lake property to help you buy or sell a home.
Ad Statistics
Ad Number
7757066
Viewed
14 times
Listing Status
Active
Added
Jul 09, 2026
Last Refresh
Jul 18, 2026 02:34:30 AM
Listing Information
Data Source
Midwest Real Estate Data, LLC
Source Property ID
12699903
Listing Agent: Karen Biazar 773-252-0600
Broker: North Clybourn Group, Inc. 773-252-0600 Listing Site
Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Broker: North Clybourn Group, Inc. 773-252-0600 Listing Site
Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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