$400,000 $2,147 est/mo Sourced by Back At You
5221 S Michigan Avenue , Chicago, IL 60615
Chicago, IL 60615
Description
5221 S Michigan Ave is a 6,030 sq. ft. multi-family home sitting on a 5,370 sq. ft. lot, offering tremendous potential for investors or developers. Built in 1905, this all-brick property features 12 bedrooms and 6 bathrooms across multiple units. While the building requires a full gut renovation, the existing layouts provide great versatility, including the potential to duplex the first floor down into the walkout basement. Located in a neighborhood with growing development, this property is ideal for anyone looking to restore a historic structure with the possibility of creating modern, high-demand rental units or condos. Bring your vision and transform this property into a lucrative investment!
Details
| MLS# | 12189649 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Pending |
| Year | 1903 |
| Days On Site | 78 |
| Listing Provided By | Baird & Warner | Paulette Hollingsworth |
Features
| Bed(s) | 12 |
|---|---|
| Bath(s) | 6 |
| Garage | 2 |
| Basement | Y |
Market Activity 60615
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Learn More About This Property
| State | IL |
|---|---|
| County | Cook |
| City | Chicago |
| Zip Code | 60615 |
| Area | CHI Washington Park |
| School District | 299 |
| Elementary School | 299 |
| Middle School | 299 |
| High School | 299 |
| Listing VS Median (in 60615) | |
Price: $400,000 low | high Med: $167,000 On Site: 78 low | high Med: 193.500000 | |
Listing Updated: January 8, 2025 at 4:22:30 PM PST