Building Details

Building Size 8,820 SF

Year Built 1910

Listed By: Carson McDaniel Show Phone

Source: Kisergroup

Added: May 8 Changed: Sep 6 Last Checked: Sep 6 at 7:00AM

Report an Issue

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 Carson McDaniel

Investment Insights

Based on property information with market context.

Offered for sale, this multifamily apartment building is listed as a residential income property and falls under the apartment buildings and other apartment buildings categories.

The property is located at 5720 South Michigan Avenue in Chicago, Illinois 60637. The current list price is $1,125,000. Interested parties should contact the broker for additional details on the building’s configuration, unit mix, and operating information.

Key Highlights

• Multifamily apartment building for sale at 5720 South Michigan Avenue in Chicago
• Year built: 1906

Property Analytics

Property Profile

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Building Supply HVAC Service (Bike/Boat/Book/etc) Store Storage Facility Home Appliance Store

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

803

Businesses Nearby

Explore this area Business Placement

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

Questions? Ask Rey

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

What type of property is this? Where is this apartment buildings located? What is the asking price? Find similar properties What are key features of this property?

Similar For Sale Nearby

Freestanding Flex Space with Office

5660 N Elston Ave, Chicago, IL 60646

$1,635,000

13,875 SF

View details

Turnkey Restaurant with Outdoor Seating

416 W Ontario Street C-1, Chicago, IL 60654

$848,888

4,300 SF

View details

Automotive Repair Facility

9540 S Vincennes Ave, Chicago, IL 60643

$849,900

12,000 SF

View details

Full Commissary Kitchen Facility

3515 W Grand Avenue, Chicago, IL 60651

$1,600,000

4,800 SF

View details

Brick Flex Space with Warehouse Areas

2722 S Hillock Ave, Chicago, IL 60608

$850,000

7,000 SF

View details

Mixed-Use Property with Warehouse Space

3612 W Roosevelt Rd, Chicago, IL 60624

$799,000

12,009 SF

View details

Two-Story Mixed-Use Building

3000 W Diversey Ave, Chicago, IL 60647

$750,000

5,400 SF

View details

Office Unit with Dual Entrances

1327 W Washington Boulevard Unit: 105, Chicago, IL 60607

$550,000

4,130 SF

View details

Automotive Building With Mezzanine

6243 N Clark Street, Chicago, IL 60660

$1,100,000

8,000 SF

View details

Renovated Wedding Venue

5319 W Belmont Ave, Chicago, IL 60641

$999,000

5,300 SF

View details

Equipped Auto Repair Shop

2908 W Cermak Rd, Chicago, IL 60623

$699,900

6,600 SF

View details

Five-Unit Retail Center

1741 W 79th St, Chicago, IL 60620

$599,000

7,520 SF

View details

Frequently Asked Questions

What type of property is this?

Apartment building - For-sale multifamily apartment building at 5720 South Michigan Avenue in Chicago.

Where is this apartment building located?

The property is located at 5720 S Michigan Ave Chicago, IL.

What is the asking price?

The asking price for this property is $995,000.

What are key features of this property?

This property features: Multifamily apartment building for sale at 5720 South Michigan Avenue in Chicago; Year built: 1906