5645 S. Calumet Ave

For Sale

5645 S. Calumet Ave, Chicago, IL 60637

This Chicago property for sale is located at 5645 S. Calumet Ave. The current listed sale price for 5645 S. Calumet Ave is $745,000.

Contacts

broker
Aaron Sklar

Kiser Group

Property Details

  • Property Type Multi-Family
  • Property Size 6,600 SF
  • Units 8
  • Date Updated Mar 26, 2025
Washington ParkKiser Group is pleased to exclusively offer for purchase the sale of 5645 S. Calumet, a beautifully maintained, center-entrance eight (8) unit building located in the Washington Park neighborhood of Chicago’s South Side. The building sits on a quiet, tree-lined street just a block from Washington Park. Additionally, the building is situated just blocks from both the Garfield Subway transit ‘El” train stop and I-94, providing quick and easy access to Chicago's downtown. 5645 S. Calumet boasts a desirable unit mix that includes six (6) spacious 3b/1ba units, as well as two (2) beautifully refurbished 2b/1ba basement units. In addition to cosmetic updates, recent improvements to the building include, but are not limited to, newer lintels, an updated & code compliant porch, newer hot water heaters, and a modern central boiler and two (2) furnaces for the garden units. 5645 S. Calumet presents an investor with the opportunity to acquire a property in one of Chicago's most desirable and appreciating neighborhoods. Through additional cosmetic upgrades and bringing all units up to market rate levels, a new owner could achieve a cap rate of 10.98% and a cash return of just over 21%.
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Highlights

  • Six (6) 3Bd/1Ba & Two (2) 2Bd/1Ba Units
  • Spacious Units w/ Separate Living & Dining Rooms
  • Modern Weil-McLain Boiler & Two (2) Garden Unit Furnaces
  • Updated & Code Compliant Porch
  • Prime Washington Park Location

Getting around

  • 61/100

    Walk Score ®

  • 70/100

    Transit Score ®

  • 78/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Chicago, IL
  • Neighborhood Washington Park
  • Zip Code 60637
  • Market Chicago

Points of Interest

  • Garfield

    0.24 miles

  • 55th-56th-57th Street

    1.52 miles

  • 63rd Street

    1.60 miles

  • Halsted

    1.66 miles

  • 51st-53rd Street (Hyde Park)

    1.69 miles

  • Stony Island

    2.33 miles

  • 35th-Bronzeville-IIT

    2.83 miles

  • 35th-Bronzewille-IIT (34th Street Entrance)

    2.90 miles

  • South Shore

    3.23 miles

  • Western

    3.58 miles

  • Amstar

    0.24 miles

  • Super Save

    0.40 miles

  • ChargePoint

    0.65 miles

  • The Roux

    0.72 miles

  • GoLo

    0.73 miles

  • Citgo

    0.79 miles

  • Shell

    0.80 miles

  • BP

    0.86 miles

  • Mobil

    1.02 miles

  • eVgo

    5.26 miles

  • Garfield Park & Ride

    0.29 miles

  • Medical Campus Parking Garage B

    0.60 miles

  • Medical Campus Parking Garage A

    0.63 miles

  • Parking/Materials Management

    0.65 miles

  • Campus South Parking

    0.79 miles

  • Campus North Parking Garage

    0.87 miles

  • Lexington Parking Lot

    1.03 miles

  • Kimbark South Parking Garage

    1.26 miles

  • Vue53 garage

    1.33 miles

  • Chapin Hall Parking Lot

    1.34 miles

  • Best Motel

    1.12 miles

  • The Study at the University of Chicago

    1.21 miles

  • Sophy Hotel

    1.43 miles

  • Hyatt Place Chicago-South/University Medical Center

    1.59 miles

  • Chicago Lake Shore Hotel

    1.90 miles

  • Amber Inn Motel

    2.21 miles

  • Empire Motel

    2.53 miles

  • East of the Ryan

    2.88 miles

  • The Polo Inn

    3.39 miles

  • South Shore Motel

    3.48 miles

  • Jewel-Osco

    0.71 miles

  • Woodlawn Fresh Market

    0.85 miles

  • Valley of Jordan

    1.00 miles

  • City Sports

    1.00 miles

  • Adom African Market

    1.26 miles

  • ALDI

    1.34 miles

  • Target

    1.35 miles

  • Trader Joe's

    1.52 miles

  • Hyde Park Shopping Center

    1.53 miles

  • Bonne Sante Health Foods

    1.58 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Aaron Sklar

Kiser Group

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