5729 S MICHIGAN Avenue Chicago, IL 60637
MULTI_FAMILY - Other - Chicago, IL
- Added:
- Apr 13, 2025
- Days on Market:
- 390
- Last Refresh:
- May 7 at 3:06 am
Property Features for 5729 S MICHIGAN Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- MULTI
- Bedrooms
- 8
- Bathrooms
- 4
- Rooms
- Bedroom 6, Bedroom 4, Bedroom 3, Bathroom 2, Bathroom 4, Bedroom 1, Bedroom 2, Bedroom 5, Bathroom 1, Bedroom 8, Basement, Bathroom 3, Bedroom 7
- Parking
- 3
- Parking features
- Owned, Assigned
- Fencing
- Fenced
- Basement
- Unfinished, Full
- Standard status
- Active
- APN
- 20151150080000
Taxes and HOA fees
- Tax Year
- 2023
- Tax Annual Amount
- 5446
Utilities
- Sewer type
- Public Sewer
- Heating system
- Forced Air, Natural Gas
Building Details
- Year built
- 1905
- Building materials
- Brick
- Roof type
- Flat
- Architectural style
- Other
Listing agent Carleen Lewis License #471009636 (888) 574-9405
Listing office eXp Realty 939 W. North Ave., Chicago, IL (888) 574-9405
Listing date Apr 13, 2025
MLS# 12337193
Listing URL
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HighLights
- Large brick 3‑flat in the Washington Park area, offering substantial living space in each unit.
- Original architectural details, including dark wood crown molding and hardwood floors, provide character and value.
- Unfinished basement with high ceilings offers potential for creating an additional unit.
- Proximity to Garfield Blvd, the Green Line, University of Chicago Arts Incubator, and Washington Park.
- High potential for increased rental income through updates and market adjustments.
- Located in an area with new construction multi‑unit properties selling at higher price points.
Overview
Chicago Three-Flat with Original Details
This maintained three-flat is located in the Washington Park area of Chicago. The property features original interior details and offers potential for investors seeking value and appreciation. Each unit includes large living rooms, dining rooms, and large bedrooms with original hardwood floors throughout. The second and third floors have undergone minor renovations, preserving the original architectural features, including dark wood crown molding. The unfinished basement has high ceilings and the potential to be converted into an additional unit with a new plan. Current rents are below market value and could be increased with updates to the kitchens and bathrooms, along with painting. The property is located a few blocks from Garfield Boulevard and the Green Line, as well as the University of Chicago Arts Incubator and Washington Park. The seller is motivated.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Chicago
- County
- Cook
- State
- Illinois
- Longitude
- -87.621869
- Latitude
- 41.790192
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Three-flat in Washington Park with original architectural details.
Where is this apartment building located?
The property is located at 5729 S MICHIGAN Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $430,000.
What are key features of this property?
This property features: Large brick 3‑flat in the Washington Park area, offering substantial living space in each unit.; Original architectural details, including dark wood crown molding and hardwood floors, provide character and value.; Unfinished basement with high ceilings offers potential for creating an additional unit.
