5169 S Michigan Avenue, Chicago, IL 60615

Chicago
Local realty services provided by:Better Homes and Gardens Real Estate Connections
5169 S Michigan Avenue,Chicago, IL 60615
$699,500
  • 9 Beds
  • 3 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: phillip dixon, kasey taylor
Office: compass
MLS#:12547040
Source:MLSNI

Price summary

  • Price:$699,500

About this home

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 net profit over a $1,400 per month After paying PITI and PMI! The annual gross rental income is $77,712. 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....

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Home facts

  • Year built:1898
  • Listing ID #:12547040
  • Added:204 day(s) ago
  • Updated:April 04, 2026 at 10:55 AM

Rooms and interior

  • Bedrooms:9
  • Total bathrooms:3
  • Full bathrooms:3
  • Rooms Total:16
  • Basement:Yes
  • Basement Description:Egress Window, Finished, Full

Heating and cooling

  • Heating:Forced Air, Individual Room Controls, Natural Gas

Structure and exterior

  • Year built:1898
  • Lot area:0.11 Acres
  • Architectural Style:Brownstone
  • Exterior Features:Balcony
  • Foundation Description:Stone

Utilities

  • Water:Lake Michigan, Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$699,500
  • Tax amount:$6,393 (2024)

Parking

  • Total parking spaces:2
  • Parking description:Detached Garage, Garage
  • Garage:Yes
  • Garage spaces:2
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