Search
7-Unit Vintage Apartment Building
For Sale
$800,000

5610 South Michigan Avenue, Chicago, IL 60637

Well-maintained walk-up with spacious apartments, updated systems, and on-site laundry in Washington Park.

Property Size10,000 SF
Days on Market109

Property Features for 5610 South Michigan Avenue

General Information

Standard status Active
Size 10,000 SF
Property subtype Multi-Family
Occupancy 86%

Site & Location

Highway Access Yes
Public Transit Yes

Units

Unit Mix 6 x 4BR, 1 x 2BR
Multifamily Units 7

Amenities

on-site laundry facilities

Building Details

Building Size 10,000 SF
Units 7
Listing Agency: Essex Realty Group
Listed By: Joe Kahlhammer
Source: Commercialcafe
Added: May 14 Changed: Aug 30 Last Checked: Aug 30 at 1:33PM

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 Essex Realty Group

Investment Insights

Based on property information with market context.

Located at 5610 South Michigan Avenue, this 7-unit vintage walk-up includes six four-bedroom apartments and one two-bedroom apartment. Interiors feature hardwood floors, high ceilings, abundant natural light, individual furnaces, and open living and kitchen layouts. Property improvements include a stone façade, marble entryway, updated plumbing and electrical systems, and on-site laundry facilities. The building is currently 86% occupied.

The property is situated in Chicago’s Washington Park neighborhood near Hyde Park, the University of Chicago, and the Museum of Science and Industry. Transportation access includes Lake Shore Drive, Interstate 90/94, CTA Green Line stations, and multiple bus routes. Washington Park, Jackson Park, neighborhood retail, restaurants, and other local amenities are also nearby.

Key Highlights

  • 7‑unit vintage walk‑up with six four‑bedroom units and one two‑bedroom unit
  • Currently 86% occupied
  • Hardwood floors, high ceilings, individual furnaces, and open living/kitchen layouts

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Building Supply HVAC Service Computer & Electronic Repair (Bike/Boat/Book/etc) Store Storage Facility

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

Lease Details

7
Residential units
86%
Occupancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

771
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Apartment building - Well-maintained walk-up with spacious apartments, updated systems, and on-site laundry in Washington Park.
Where is this apartment building located?
The property is located at 5610 South Michigan Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $800,000.
What are key features of this property?
This property features: 7‑unit vintage walk‑up with six four‑bedroom units and one two‑bedroom unit; Currently 86% occupied; Hardwood floors, high ceilings, individual furnaces, and open living/kitchen layouts
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