Address
5729 S Michigan Avenue, Chicago, IL
Price
$ 430,000
Property Attributes
- MLS#12337193
- TypeMulti-Family
- Listing Status Active
- CountyCOOK
- CityChicago
- AreaCHI - Washington Park
- NeighborhoodWashington Park
- Zip60637
- StyleBrownstone
- Year Built1905
- Taxes$ 5445
- Price$ 430,000
- Bedrooms8
- Full Bathrooms4
- Half Bathrooms1
- Sqr Footage4000
Data Source:
Midwest Real Estate Data (MRED)
Property Description
Maintained large exterior brick 3 flat in Washington Park Area, on a uniform block with original interior with lots of potential waiting for the right investor looking for value and appreciation. Each unit has large living rooms, dining rooms, large bedrooms with original hardwood floors throughout. 2nd and 3rd floors have seen minor renovations while leaving much of the original architectural features, dark wood crown molding in their pristine state. The basement is unfinished with high ceiling and can be built into another unit with new plan. Rents are way below markets and can be increased with updates to the kitchen, bathrooms and some good painting. Located a few blocks from Garfield Blvd and green line, University of Chicago Arts Incubator, Washington Park field, etc. Many new construction multi units in the area have sold at higher price points. Motivated seller!
| Price History | |
|---|---|
| 4/14/2025 | Listed $430,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Natural Gas,Forced Air,Sep Heating Systems - 2+ |
| Possession | Closing |
| Roof | Flat |
| Zoning | MULTI |
| Architectural Style | Brownstone |
| Construction Materials | Brick |
| Year Built | 1905 |
| Township | Hyde Park |
| Tax Year | 2023 |
| Ownership | Fee Simple |
| Gross Income | 37200 |
| Community Features | Curbs,Sidewalks,Street Lights,Street Paved |
| County | Cook |
| New Construction | No |
| Property Type | Residential Income |
| Total Rooms | 15 |
| Status | Active |
| Directions | 55TH ST TO MICHIGAN AVE S TO PROPERTY |
| City | Chicago |
| High School District | 299 |
| MLS Area | CHI - Washington Park |
| Tax Annual Amount | 5445.67 |
| Electric Expense | 271 |
| Fuel Expense | 1181 |
| Water Sewer Expense | 2946 |
| Virtual Tour | https://smartfloorplan.com/il/v477606/player.pl |
| Standard Status | Active |
| Middle/Junior School District | 299 |
| Elementary School District | 299 |
| Property Type | Two to Four Units |
Interior Features
| Basement | Unfinished,Full |
|---|---|
| Total Bedrooms | 8 |
| Total Baths | 4 |
| Bedrooms Possible | 8 |
| Full Baths Building | 3 |
| Half Baths Building | 1 |
| Total Number of Units | 3 |
Exterior Features
| Parking Features | Unassigned,Yes,Owned |
|---|---|
| Water Source | Lake Michigan |
| Total Parking | 3 |
| Foundation Details | Concrete Perimeter |
| Lot Dimensions | 36X161X35X161 |
| Waterfront Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in 60637
Price
Taxes
Year Built
Visits
