8-Unit Brick Apartment
New
For Sale
$724,900
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 8, Bathroom 4, Bedroom 3, Bedroom 20, Bedroom 5, Bathroom 8, Bedroom 19, Bathroom 9, Bedroom 12, Bedroom 7, Bedroom 14, Bathroom 5, Bedroom 15, Bathroom 7, Bedroom 11, Bedroom 18, Bedroom 1, Bedroom 10, Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 16, Bedroom 6, Bedroom 9, Bedroom 13, Bedroom 2, Bedroom 4, Bedroom 17, Bathroom 6
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
decorative fireplaces
private rear decks
on-site laundry
basement storage
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: Oct 6
Last Checked: Oct 6 at 3:06PM
MLS# 12778335
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 property has a brick exterior and was built in 1908. The unit mix includes six 3-bedroom/1-bath apartments and two garden apartments. Interior features include hardwood floors, decorative fireplaces, oversized windows, and private rear decks. On-site amenities include laundry, basement storage, and six rear parking spaces.
Located in Chicago’s Washington Park neighborhood, the property has a fully occupied rent roll. Owner-reported building work includes two water heaters replaced within the past two years and an updated boiler system with wireless thermostats.
Located in Chicago’s Washington Park neighborhood, the property has a fully occupied rent roll. Owner-reported building work includes two water heaters replaced within the past two years and an updated boiler system with wireless thermostats.
Key Highlights
- Eight apartments: six 3‑bedroom/1‑bath units and two garden apartments
- Brick exterior; built in 1908
- Hardwood floors, decorative fireplaces, oversized windows, and private rear decks
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 - The building combines six three-bedroom residences with two garden apartments and shared 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 $724,900.
What are key features of this property?
This property features: Eight apartments: six 3‑bedroom/1‑bath units and two garden apartments; Brick exterior; built in 1908; Hardwood floors, decorative fireplaces, oversized windows, and private rear decks
