Chicago, IL 60615,5169 S Michigan AVE
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Chicago, IL 60615,5169 S Michigan AVE
Chicago, IL 60615,5169 S Michigan AVE
Chicago, IL 60615,5169 S Michigan AVE
Chicago, IL 60615,5169 S Michigan AVE
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$ 699,500
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5169 S Michigan AVE Chicago, IL 60615

9 Beds

3 Baths

4,791 Sqft Lot


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12547040

Style Brownstone

Bedrooms 9

Year Built 1898

Annual Tax Amount $6,393

Tax Year 2024

Lot Size 4,791 Sqft

Lot Dimensions 30 X 160

Property Sub-Type Two to Four Units

Property Description

Seller now offering up to $20,000 in seller's credits towards the buyer's closing costs. Yes, $20K! 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. 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.

Location

State IL

County Cook

Area Chi - Washington Park

Zoning MULTI

Rooms

Basement Finished, Exterior Entry, Egress Window, Full

Interior

Heating Natural Gas, Forced Air, Indv Controls

Fireplace N

Exterior

Exterior Feature Balcony

Garage Spaces 2.0

Building

Dwelling Type Two to Four Units

Building Description Brick, No

Sewer Public Sewer

Water Lake Michigan, Public

Structure Type Brick

New Construction false

Schools

School District 299 , 299, 299

Others

Ownership Fee Simple

Special Listing Condition List Broker Must Accompany


Midwest Real Estate Data (MRED) IDX
Listed by Phillip Dixon of  Compass 
Samuel Stella

Samuel Stella

Designated Managing Broker / Owner | License ID: 471.021016

+1(224) 426-4652

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5169 S Michigan AVE