Property Overview

Interra Realty has been exclusively engaged to present for sale 5108-10 S. Calumet. The property is a 6 unit condominium building consisting of four (4) 3 BD/1 BA units & two (2) 2 BD/1 BA units. Located in Chicago's Washington Park neighborhood, the asset presents qualified investors with the opportunity to acquire a a fully gut rehabbed building with market leading finishes. Each unit features individual HVAC, individual hot water storage tanks, and in unit washer / dryer. The 51st street Green Line station is located directly behind the property. 

Highlights

  • Desirable Unit Mix: Four (4) 3BD/1BA & Two (2) 2BD/1BA units
  • Fully Renovated with Market Leading Design and Finishes
  • Each Unit is Outfitted with its Own HVAC, Water Tank, and Laundry Machines
  • Upgraded with New Electrical and Plumbing. Entrance Ways and Common Areas have Also Been Updated
  • Brand New Porches
  • Current Ownership Started the Process of Consolidating the PINS Over a Year Ago
  • One Block Away from the 51st St. Green Line Station

Key Details

Asking Price
$840,000
Number of Units
6
Cap Rate
7.3%