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Listed by Phillip Dixonof Compass
$699,500
Est. payment /mo
9 Beds
4,791 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12477731
Style Brownstone
Bedrooms 9
Year Built 1898
Annual Tax Amount $4,802
Tax Year 2023
Lot Size 4,791 Sqft
Lot Dimensions 30 X 160
Property Sub-Type Two to Four Units
Property Description
The vacant lot adjacent to this listing will now be two new 3 unit buildings for over $950k. Get in now before prices sky rocket as the neighborhood is experiencing a rapid revitalization. Seller now offering up to $10,000 in seller's credits towards the buyer's closing costs. Adding the $10k with the IHDA Grant can potentially equal up to $20k in credits and closing cost assistance! 5169 S Michigan Ave is a well-maintained 3-unit rehabbed building in vibrant Washington Park. Each of the three spacious units have been updated with modern kitchens featuring quartz countertops and stainless steel appliances, plus larger back decks perfect for everyday use or entertaining. Individualized Central AC and heat was added in 2024, bringing extra comfort for tenants. This unit is close to Washington Park, University of Chicago/ Hospital, upcoming data Center, Schools, Shopping, and walking distance from the XS Tennis facility. You will be close to public transportation; CTA bus, CTA Green Line stop on 51st, Metra lines, 90/94expressway, and Lake Shore Drive. Only 9 minutes to Hyde Park and a 15 minute drive to downtown Chicago. With public transit steps away, parks nearby, and downtown just a short ride, this property combines convenience, strong rental appeal, and long-term value.
Location
State IL
County Cook
Zoning MULTI
Rooms
Basement Finished, Exterior Entry, Egress Window, Full
Interior
Heating Natural Gas, Forced Air, Indv Controls
Fireplace N
Exterior
Exterior Feature Balcony
Garage Spaces 2.0
View Y/N true
Building
Foundation Stone
Sewer Public Sewer
Water Lake Michigan, Public
Structure Type Brick
New Construction false
Schools
School District 299, 299, 299
Others
Ownership Fee Simple
Special Listing Condition List Broker Must Accompany
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