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Vintage Greystone Multifamily Building
For Sale
Contact for pricing
Pending

5533 S Michigan Avenue, Chicago, IL 60637

Multifamily greystone near public transit, featuring original millwork staircase, and sold in as-is condition.

Property SizeContact for details
Days on Market271

Property Features for 5533 S Michigan Avenue

General Information

Standard status Pending
Property subtype Multifamily

Building Details

Year Built 1898
Listing Agency: Real People Realty
Listed By: Brenda Frierson · License #475172588
Source: Crexi
Added: Dec 12, 2025 Changed: Aug 8 Last Checked: Jul 24 at 7:26AM

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 Real People Realty

Investment Insights

Based on property information with market context.

This classic Washington Park greystone is a multi-unit property that combines vintage architectural character with turn-of-the-century craftsmanship. The original millwork staircase stands out as a signature interior feature.

The building is located just steps from historic Washington Park and near public transit, supporting convenient access for residents and visitors.

The property is being sold AS-IS. Prospective buyers should review the condition and suitability for their intended use prior to purchase.

Key Highlights

  • Built in 1898, classic Washington Park Greystone multifamily property
  • Original millwork staircase showcasing turn‑of‑the‑century craftsmanship
  • Steps from historic Washington Park

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Law Firm Building Supply HVAC Service Kitchen & Bath Showroom Computer & Electronic Repair Plumbing Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

943
Businesses Nearby

Demographics for 60637, IL

53,555
Population
26,717
Households
2
Avg Household Size
31
Median Age
37%
College-Educated
89%
High-School Grad
4.5 sq mi
ZIP Area
11,901
Density / Sq Mi
$42,080
Median Household Income
$33,227
Median Earnings
$1,170
Median Rent
$243,700
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Multifamily property - Multifamily greystone near public transit, featuring original millwork staircase, and sold in as-is condition.
Where is this multifamily property located?
The property is located at 5533 S Michigan Avenue Chicago, IL.
What are key features of this property?
This property features: Built in 1898, classic Washington Park Greystone multifamily property; Original millwork staircase showcasing turn‑of‑the‑century craftsmanship; Steps from historic Washington Park
(773) 317-4952 Call to check price and availability
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