7424 S Calumet Avenue, Chicago, IL

This well-maintained brick two-flat offers an exceptional opportunity for both owner-occupants and investors alike. The property features two residential units plus a full walkout basement that significantly expands its functionality and income potential. The first floor welcomes you with a gracious foyer that opens into a living room and dining room, ideal for entertaining. An enclosed front balcony, accessible directly from the living room, provides the perfect spot to relax and enjoy fresh air during the warmer months. The second bedroom offers a generous walk-in closet, adding both comfort and storage. The second floor unit offers a similar spacious layout. A standout feature of this property is the walkout basement, which is accessible from Unit 1. The lower level includes an additional bedroom, full bathroom, living/dining area, and kitchen, making it ideal for extended living arrangements, an in-law suite, or additional rental income. Outside, you’ll find a two-car garage along with ample yard space, perfect for spring and summer gatherings. Whether you’re looking to live in one unit and rent the other, generate income from multiple spaces, or simply invest in a versatile and well-cared-for multifamily property, this home offers endless possibilities.