4957 S Calumet Ave, Chicago, IL 60615

ACCESS & CONNECTIVITY

The CTA Green Line’s 51st Street station is about a 3-minute walk (approximately 0.2 miles) to the west, providing direct rail access north to downtown and connections across the ‘L’ system. Several CTA bus routes operate on and around 51st Street, King Drive, and Cottage Grove, supporting convenient crosstown and last-mile connections. For drivers, the property is within a short drive of major arterials such as King Drive and Cottage Grove Avenue, which link quickly to the Dan Ryan Expressway (I 94) and Lake Shore Drive, offering regional access to the Loop, surrounding neighborhoods, and the broader metro area.

LOCAL DINING & RETAIL

The Property is situated in a vibrant Bronzeville neighborhood offering a variety of specific area amenities and demand drivers that enhance lifestyle and convenience. Dining options near the property include popular local favorites along 51st Street and King Drive, such as local soul food spots, neighborhood cafés, and carryout restaurants that showcase Chicago’s rich culinary traditions. For casual and quick dining, well-known chains like McDonald’s, Subway, and KFC are just a short distance away on nearby commercial corridors, providing a broad range of choices for everyday meals.

Residents benefit from convenient access to larger Chicago retail hubs and shopping centers, offering a broad selection of retail brands, entertainment, and services just a short drive or transit ride away. Nearby shopping destinations include neighborhood commercial strips along 47th Street, Hyde Park’s 53rd Street retail district, and regional centers such as the Roosevelt Collection Shops and downtown State Street and Michigan Avenue corridors.

DYNAMIC CHICAGO LOCATION

4957 S Calumet Avenue benefits from a strategic South Side location just minutes from Downtown Chicago, providing direct access to one of the nation’s most diversified economic bases. The property is well-positioned near major employment anchors including University of Chicago, Rush University Medical Center, and JPMorgan Chase, as well as the broader financial, healthcare, and professional services sectors concentrated in the Loop. Proximity to lakefront amenities, public transit, and the city’s extensive cultural and dining offerings further enhances tenant appeal and supports sustained rental demand.

DESIRABLE BRICK CONSTRUCTION

The Property features durable brick construction, a highly desirable characteristic for both investors and residents. Brick buildings are widely regarded for their long-lasting quality, structural integrity, and timeless appeal. Unlike wood or siding exteriors, brick requires minimal upkeep over time, making it a cost-effective and low-maintenance choice.

SEPARATELY METERED UTILITIES

Tenants are responsible for electric powered heat, gas powered hot water, and individually metered electricity at the Property. The Landlord is responsible for providing city water and sewer.

STRONG RENTAL DEMOGRAPHICS & DEMAND

More than 37,900 people live within 1 mile of the Property with an average household income of $82,594. Over 270,200 people reside within 3 miles of the Property with an average household income of $85,857.

QUALITY OF LIFE AMENITIES

Local attractions include neighborhood parks such as Washington Park and Lake Michigan’s lakefront trail and beaches, which support recreation and community events and promote an active lifestyle.

The location also provides easy access to Chicago’s cultural and recreational landmarks, including the Museum of Science and Industry, the University of Chicago’s cultural institutions, and downtown theaters and museums.