Residential Income for Sale: 5221 S Michigan, Chicago, IL 60615
12 beds
$400,000
$400,000
5221 S Michigan,
Chicago, IL 60615
12 beds
$400,000
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Price:
$400,000
Est. payment: Skip to Mortgage Calculator
Type Residential Income
Beds 12
Year Built 1903
City Chicago
County Cook
School District 299
MLS 12189649
Status Active Under Contract
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!
Room Features
Basement Description Finished
Lot & Building Features
Heating Natural Gas
Parking Description Garage
Tax Year 2022
Water Public
Lot Dimensions 35X165 ft
Community and Schools
Elementary School 299
Price History of 5221 Michigan, Chicago, IL
Date | Name | Price | Difference |
---|---|---|---|
12/31/1969 | Listing Price | $400,000 | N/A |
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed. |
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5221 Michigan (MLS #12189649) is a residential income listing located in Chicago, IL. This property was listed on 10/28/2024 and has been priced for sale at $400,000.
Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listing information courtesy of: Baird & Warner |