CRER is pleased to present 4501 S. Calumet, a 20-unit multifamily building located in the south side Chicago neighborhood of Bronzeville. The desirable unit mix includes (10) three-bedroom, (8) two-bedroom, and (2) one-bedroom units with 75% of the units having more than one bathroom. Each unit features spacious layouts with condo-quality finishes, hardwood floors, and in-unit laundry. There is an option to assume the existing loan with an interest rate of 3.94% and LTV of 75% based off list price.

The building underwent a stunning renovation in 2020 that leaves no stone unturned. From the façade to the mechanical systems, the entire building has been upgraded, enabling this property to operate at maximum efficiency. This is an opportunity for an investor to acquire a turnkey property in a fast-appreciating neighborhood with 20% upside in the current rents.