Investor alert in Bronzeville. Solid 6-unit brick apartment building located at 4522 S. Calumet Ave offering strong in-place income with clear upside. The property features two spacious 3BD/1.5BA units and four 2BD/1BA units, totaling approximately 6,600 SF on a 6,000 SF lot. The building underwent a full permitted renovation in 2014, including updated plumbing, electrical, porches, masonry repairs, and interior upgrades, providing investors with a solid operational foundation. Currently, fully-occupied, this asset presents a classic Bronzeville value-add opportunity with simple cosmetic updates like refinished floors, fresh paint, and kitchen improvements offer the ability to push rents toward market levels and unlock additional NOI. Additional highlights include individual heating systems, individual hot water tanks, and three on-site parking spaces. Tenants pay gas and electric, helping keep operating costs predictable. Positioned in one of Chicago's fastest-evolving neighborhoods, the property sits near CTA Green and Red Lines, Interstate 90 access, Illinois Institute of Technology, the University of Chicago, and a growing list of retail and lifestyle amenities fueling continued demand. Stable building. Strong unit mix. Real upside. Opportunities like this in Bronzeville don't stay available long.

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Based on information submitted to the MLS GRID as of 2026-03-05 06:21 PM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Last checked: 2026-03-05 06:21 PM UTC
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