5169 S Michigan Ave

Chicago, IL 60615
  • $699,500

    Price
  • 9

    Bed
  • 3

    Bath
  • 0

    SqFt

About the Listing 87291 - 862734,885346

Seller now offering up to $20,000 in seller's credits towards the buyer's closing costs. Yes, $20K! FOR A LEGAL 3 UNIT! Get up to $20k to potentially profit over a $1,000 per month After paying PITI and PMI! This is the best deal in town. The lot adjacent to this listing will now be two new 3 unit buildings for over $1 million each. There are two other new developments that have recently been built or in the process of being built as well near the property. Get in now before prices sky rocket as the neighborhood is experiencing a rapid revitalization. Zoning Certificate in Agent document folder. Seller needs to sale to close on another property. 5169 S Michigan Ave is a well-maintained 3-unit rehabbed building in vibrant Washington Park. Each of the three spacious units have been updated with modern kitchens featuring quartz countertops and stainless steel appliances, plus larger back decks perfect for everyday use or entertaining. Individualized Central AC and heat was added in 2024, bringing extra comfort for tenants. Roof was replaced by the prior owner in 2022. Permitted Tuckpointing on Front of building in 2023. This unit is close to actual park of Washington Park, University of Chicago/ Hospital, upcoming data Center, Schools, Shopping, and walking distance from the XS Tennis facility. You will be close to public transportation; CTA bus, CTA Green Line stop on 51st, Metra lines, 90/94expressway, and Lake Shore Drive. Only 9 minutes to Hyde Park and a 15 minute drive to downtown Chicago. With public transit steps away, parks nearby, and downtown just a short ride, this property combines convenience, strong rental appeal, and long-term value.

Listing Highlights

Status Active
Days on Site 43
Property Type Multi-Family
MLS ® 12547040
Year Built 1898
Total Square Footage 0
Lot/Acreage 0.11
County Cook
School District 299

Interior Details

  • Bedrooms: 9
  • Bathrooms: 3 Full
  • Appliances:
  • Air Cond:
  • Heating: Natural Gas,Forced Air,Indv Controls
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement: Finished,Exterior Entry,Egress Window,Full
  • Other:
  • Water: Lake Michigan,Public

Exterior Details

  • Garage Capacity: 2 car
  • Parking Spaces: 2
  • Lot Dimensions: 30 X 160
  • Zoning: MULTI
  • Roof:
  • Others: Balcony
  • Sewer: Public Sewer
  • Parking Features: Garage Door Opener,Yes,Garage Owned,Detached,Garage

Financial Details

  • Tax Amount: $6,393
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 20103020140000
  • Tax Year: 2024

Payment Calculator

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5169 S Michigan Ave Chicago, IL 60615

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Originating MLS: mred

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