5720 S Michigan Ave Chicago, IL 60637
- Residential income homes
Current Use by Public Records
- Residential income homes
Property Details for 5720 S Michigan Ave
- Property type
- Residential income homes
- Property subtype
- Residential income properties
Description
Presenting a rare opportunity to acquire an 8,000 SF multifamily apartment building ideally located near the vibrant Washington Park neighborhood in Chicago. This well-maintained property offers a strategic location with proximity to public transportation, parks, dining, and cultural attractions, making it a prime choice for both tenants and investors. The building features spacious units with a blend of modern amenities and classic charm, providing a comfortable living experience. With strong rental demand in the area and significant potential for value-add improvements, this property offers an attractive investment opportunity in one of Chicago's up-and-coming neighborhoods. Key Features: 8,000 SF of rentable space Well-maintained multifamily building with 10+ units Excellent location near Washington Park and public transportation Strong rental demand and potential for future appreciation Value-add potential for further property enhancements Ideal for long-term investors or developers seeking growth in a revitalizing area Seize this opportunity to invest in a high-demand area with exceptional future growth potential. Contact us today for more details or to schedule a tour!
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Chicago
- County
- State
- Illinois
- Longitude
- -87.623
- Latitude
- 41.8892
