Listing provided courtesy of eXp RealtyMREDas Distributed by MLSGrid- MLS# 12337193
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Request Info5729 S MICHIGAN AvenueChicago, IL 60637
Multi-Family · 8 Beds$430,000
Active
5729 S MICHIGAN Avenue Overview
- Time on Site:
- 441 days
- Visits:
- 9
Maintained large exterior brick 3 flat in Washington Park Area, on a uniform block with original interior with lots of potential waiting for the right investor looking for value and appreciation. Each unit has large living rooms, dining rooms, large bedrooms with original hardwood floors throughout. 2nd and 3rd floors have seen minor renovations while leaving much of the original architectural features, dark wood crown molding in their pristine state. The basement is unfinished with high ceiling and can be built into another unit with new plan. Rents are way below markets and can be increased with updates to the kitchen, bathrooms and some good painting. Located a few blocks from Garfield Blvd and green line, University of Chicago Arts Incubator, Washington Park field, etc. Many new construction multi units in the area have sold at higher price points. Motivated seller!
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5729 S MICHIGAN Avenue Facts & Features
- Type Multi-Family
Details
General
School Information
- School District: 299
Income/Expenses
- Electric Expense: 271
- Fuel Expense: 1181
- Gross Income: 37200
- Water Sewer Expense: 2946
Building Information
- New Construction: No
- Year Built: 1905
Location/Region
- County Or Parish: Cook
- MLS Area Major: CHI - Washington Park
- Township: Hyde Park
Community/Development
- Community Features: Curbs, Sidewalks, Street Lights, Street Paved
Tax Information
- Tax Annual Amount: $5,445.67
- Tax Year: 2023
General Information
- Ownership: Fee Simple
- Parcel Number: 20151150080000
- Property Type: Residential Income
- Special Listing Conditions: None
- Zoning: MULTI
Interior
Parking Information
- Half Baths Building: 1
Beds/Baths
- Bathrooms Total: 4
- Bedrooms Total: 8
- Bedrooms Possible: 8
- Full Baths Building: 3
General Information
- Basement: Unfinished, Full
- Foundation Details: Concrete Perimeter
- Heating: Natural Gas, Forced Air, Sep Heating Systems - 2+
- Rooms Total: 15
Exterior
Parking Information
- Parking Features: Unassigned, Yes, Owned
- Parking Total: 3
Lot Information
- Lot Size Dimensions: 36X161X35X161
- Water Source: Lake Michigan
Waterfront/View
- Waterfront: No
Building Exterior/Construction
- Architectural Style: Brownstone
- Construction Materials: Brick
- Roof: Flat
General Information
- Sewer: Public Sewer
Unit Information
Unit 1 Details
- Unit Type: Unit 1
- Actual Rent: 1025
- Beds Total: 2
- Baths Total: 1
Unit 2 Details
- Unit Type: Unit 2
- Actual Rent: 1025
- Beds Total: 3
- Baths Total: 1
Unit 3 Details
- Unit Type: Unit 3
- Actual Rent: 1050
- Beds Total: 3
- Baths Total: 1
5729 S MICHIGAN Avenue Neighborhood
Community
60637 (Chicago) Demographics
31
Median Age
8,890
Population Density (per sq. mile)
41%
College Educated
$30,149
Estimated Median Income
4,970
Estimated Total Home Owners
15,152
Estimated Total Renters
25% / 75%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.5729 S MICHIGAN Avenue Monthly Cost
5729 S MICHIGAN Avenue Market Data
Based on the last 30 days in this zip code
$393,653
Average List Price
$235
Average Price per Square Foot
24
Properties Sold
105
Average Days on Market
115
Properties for Sale
5729 S MICHIGAN Avenue History
| Date | Value | Agent |
|---|---|---|
| 4/19/2025Source: MRED | Active |
|
| 4/14/2025Source: MRED | April 14, 2025 |
|
| 6/20/2022Source: MRED | January 27, 2022 |