25-Unit Multifamily
5609 South Michigan Avenue, Chicago, IL 60653
For Sale
$2,850,000
Renovated apartment property with varied floorplans, updated kitchens and baths, and access to public transportation.
Property Size2,505 SF
Days on Market95
Property Features for 5609 South Michigan Avenue
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Public Transit
Units
Unit Mix
Multifamily Units
Building Details
Building Size
Year Renovated
Listing Agency:
Kiser Group
Listed By:
Noah Birk · License IL #475125864
(630) 209-3622
Source:
Kisergroup
Added: Aug 8
Changed: Nov 9
Last Checked: Nov 10 at 7:55AM
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 Kiser Group
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Investment Insights
Based on property information with market context.
This 25-unit multifamily property includes twelve 3Bd/2Ba apartments, twelve 2Bd/1Ba apartments, and one 2Bd/2Ba apartment. The units were gut renovated in 2006 with modern kitchens and bathrooms, spacious floorplans, new windows, drywall, and copper plumbing. Building infrastructure includes 1,200 Amp electrical service.
The property is located in Chicago’s Washington Park neighborhood, near Washington Park, the University of Chicago, public transportation, and major thoroughfares. Its unit mix combines three-bedroom and two-bedroom layouts within a single apartment building, providing a range of residential configurations.
The property is located in Chicago’s Washington Park neighborhood, near Washington Park, the University of Chicago, public transportation, and major thoroughfares. Its unit mix combines three-bedroom and two-bedroom layouts within a single apartment building, providing a range of residential configurations.
Key Highlights
- 25‑unit apartment building with twelve 3Bd/2Ba, twelve 2Bd/1Ba, and one 2Bd/2Ba units
- Units gut renovated in 2006
- 1,200 Amp electrical service
Property Analytics
Lease Details
25
Residential units
Location Intelligence
Trade Area within ½ mile
771
Businesses Nearby
Explore this area
Business Placement
Demographics for 60653, IL
33,146
Population
18,279
Households
1.8
Avg Household Size
37
Median Age
38%
College-Educated
90%
High-School Grad
2.4 sq mi
ZIP Area
13,811
Density / Sq Mi
$39,565
Median Household Income
$49,335
Median Earnings
$856
Median Rent
$347,800
Median Home Value
Market
Properties on Market for Apartment buildings in Chicago
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Apartment building - Renovated apartment property with varied floorplans, updated kitchens and baths, and access to public transportation.
Where is this apartment building located?
The property is located at 5609 South Michigan Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $2,850,000.
What are key features of this property?
This property features: 25‑unit apartment building with twelve 3Bd/2Ba, twelve 2Bd/1Ba, and one 2Bd/2Ba units; Units gut renovated in 2006; 1,200 Amp electrical service
