Search
New Construction Three-Unit Triplex
For Sale
$949,900
Pending

5167 S Michigan Ave, Chicago, IL 60615

Three modern residences feature open layouts, private laundry, contemporary finishes, and controlled building access.

Property Size1,500 SF
Days on Market52

Property Features for 5167 S Michigan Ave

General Information

Standard status Pending
Size 1,500 SF
Property subtype Multi-Family

Site & Location

Neighborhood Near South Side
Public Transit Yes

Units

Unit Mix 3 x 3BR/2BA
Multifamily Units 3

Amenities

in-unit laundry
security cameras
video intercom system

Building Details

Year Built 2026
Listing Agency: Hearth Investments Ltd
Listed By: Bobby Grilli
Source: Grillimurphyrealestate
Added: Sep 16 Changed: Nov 5 Last Checked: Nov 6 at 8:33AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Hearth Investments Ltd

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

Completed in 2026, this three-unit property offers spacious residences designed with open-concept interiors and condo-quality finishes. Each unit measures 1,500 square feet and includes three bedrooms, two bathrooms, 42-inch cabinetry, stainless steel appliances, recessed lighting, in-unit laundry, built-in storage closets, and a primary bathroom. The upper residence adds a vaulted ceiling and decorative railings. Building systems include integrated cameras and ButterflyRX, a cloud-based video intercom that lets residents manage entry and deliveries from a smartphone.

The property is located at 5167 S Michigan Ave in Chicago’s Washington Park area, with the CTA line a 2-minute walk away and Washington Park easily accessible. The three-unit configuration provides a clearly defined multifamily layout with contemporary construction and resident-focused access features.

Key Highlights

  • Three‑unit multifamily property completed in 2026
  • Each residence offers 1,500 square feet with 3 bedrooms and 2 bathrooms
  • 42‑inch cabinets, stainless steel appliances, recessed lighting, and in‑unit laundry

Property Analytics

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

1,092
Businesses Nearby

Demographics for 60615, IL

43,502
Population
24,997
Households
1.7
Avg Household Size
35
Median Age
61%
College-Educated
93%
High-School Grad
2.2 sq mi
ZIP Area
19,774
Density / Sq Mi
$62,105
Median Household Income
$47,186
Median Earnings
$1,444
Median Rent
$305,200
Median Home Value

Market

Properties on Market for Triplexes in Chicago

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Triplex - Three modern residences feature open layouts, private laundry, contemporary finishes, and controlled building access.
Where is this triplex located?
The property is located at 5167 S Michigan Ave Chicago, IL.
What is the asking price?
The asking price for this property is $949,900.
What are key features of this property?
This property features: Three‑unit multifamily property completed in 2026; Each residence offers 1,500 square feet with 3 bedrooms and 2 bathrooms; 42‑inch cabinets, stainless steel appliances, recessed lighting, and in‑unit laundry
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

Ask Rey → ChatGPT Grok Claude
Preferred Make Realmo a preferred source.

Our comps and market reports get this label in your Google results.

Add as a preferred source on Google One click on Google
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved