$699,500

5169 S Michigan Avenue, Chicago, IL 60615

9 beds |
3 baths

Multi-Family Home
Built in 1898
4,792sqft lot
2 car garage
$——/sqft
Listed 2 months ago

Property Description

The vacant lot adjacent to this listing will now be two new 3 unit buildings for over $950k. Get in now before prices sky rocket as the neighborhood is experiencing a rapid revitalization. Seller now offering up to $10,000 in seller's credits towards the buyer's closing costs. Adding the $10k with the IHDA Grant can potentially equal up to $20k in credits and closing cost assistance! 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. This unit is close to 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 Status:: Active
Listing Office:: Compass : 312-879-9293
Listing Agent:: Phillip Dixon : 312-879-9293
MLS ID:: 12477731

Rooms: Den
Basement: FinishedExterior EntryEgress WindowFull
Heating: Natural GasForced AirIndv Controls

General: Balcony
Style: Brownstone
Parking: Garage Door OpenerOn SiteGarage OwnedDetachedGarageParking spaces: 2

General: BrownstoneStone

Originating MLS: mred
School District: 299
County: Cook

Zoning: MULTI20103020140000
Fencing: Fenced

Water: Lake MichiganPublic
Sewer: Public Sewer

Source: mred
Ownership: Fee Simple

This listing courtesy of Phillip Dixon, Compass

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Beasley Elementary Magnet Academic Center

5255 S State St, Chicago, IL, 60609

Grades PK-8

0.16 miles away

Beasley Elementary Magnet Academic Center

5255 S State St, Chicago, IL, 60609

Grades PK-8

0.16 miles away

Bronzeville Scholastic High School

4934 S Wabash Ave, Chicago, IL, 60615

Grades 9-12

0.34 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.