8-Unit Brick Apartment
New
For Sale
$749,000
5849 S Michigan Avenue, Chicago, IL 60637
Commercial Sale, Chicago, IL
Property SizeContact for details
Days on Market1
Property Features for 5849 S Michigan Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
MULTI
Bedrooms
20
Bathrooms
9
Full bathrooms
9
Rooms
Bedroom 7, Bedroom 14, Bathroom 9, Bedroom 5, Bedroom 11, Bedroom 1, Bedroom 20, Bathroom 8, Bedroom 12, Bedroom 6, Bedroom 9, Bedroom 18, Bedroom 13, Bedroom 4, Bedroom 19, Bedroom 8, Bathroom 2, Bedroom 2, Bathroom 1, Bathroom 4, Bathroom 6, Bedroom 16, Bedroom 15, Bedroom 3, Bathroom 5, Bathroom 7, Bedroom 17, Bathroom 3, Bedroom 10
Directions
From I-94, take Exit 57B for Garfield Blvd, head east to Michigan Ave, then proceed north to the property
Subdivision
CHI - Washington Park
Standard status
Active
APN
20151210140000
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
13305
Amenities
on-site laundry
basement storage
private rear decks
decorative fireplaces
Building Details
Year built
1908
Floors in Building
3
Number of units
8
Building materials
Brick
Listing Agency:
Keller Williams Preferred Rlty · Keller Williams Realty
(708) 798-1111
Listed By:
James Mattz · License #471014052
(708) 473-7508
Added: Sep 21
Last Checked: Sep 21 at 10:06PM
MLS# 12765767
Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 8-unit apartment building at 5849 S Michigan Avenue in Chicago features an all-brick exterior and a residential layout consisting of six 3-bedroom/1-bath units plus two garden apartments. Interior details include hardwood floors, decorative fireplaces, oversized windows, private rear decks, and substantial natural light. The property also provides on-site laundry, basement storage, and six rear parking spaces. Built in 1908, the building is zoned MULTI and has a fully occupied rent roll.
Recent owner-reported improvements include replacement of two water heaters within the past two years and modernization of the boiler system with wireless thermostats. The property is located in Chicago’s Washington Park neighborhood and includes established rental operations across all eight units.
Recent owner-reported improvements include replacement of two water heaters within the past two years and modernization of the boiler system with wireless thermostats. The property is located in Chicago’s Washington Park neighborhood and includes established rental operations across all eight units.
Key Highlights
- 8‑unit apartment building with six 3‑bedroom/1‑bath units and two garden apartments
- All‑brick construction, built in 1908
- Fully occupied rent roll
Property Analytics
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Current Use
Lease Details
8
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
902
Businesses Nearby
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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
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Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Apartment building - Fully occupied multifamily property with on-site laundry, basement storage, and rear parking.
Where is this apartment building located?
The property is located at 5849 S Michigan Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $749,000.
What are key features of this property?
This property features: 8‑unit apartment building with six 3‑bedroom/1‑bath units and two garden apartments; All‑brick construction, built in 1908; Fully occupied rent roll
