Chicago, IL 60615,5221 S Michigan AVE
Chicago, IL 60615,5221 S Michigan AVE
Chicago, IL 60615,5221 S Michigan AVE
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$ 400,000
Est. payment | /mo

12 Beds

6 Baths


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$ 400,000
Est. payment | /mo
Save

12 Beds

6 Baths

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Pending

Purchase Type For Sale

MLS Listing ID 12189649

Bedrooms 12

Year Built 1903

Annual Tax Amount $7,221

Tax Year 2022

Lot Dimensions 35X165

Property 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!

Location

State IL

County Cook

Area Chi - Washington Park

Rooms

Basement Walkout

Interior

Heating Natural Gas

Fireplace N

Exterior

Parking Features Detached

Garage Spaces 2.0

Building

Dwelling Type Two to Four Units

Water Public

New Construction false

Schools

School District 299 , 299, 299

Others

Ownership Fee Simple

Special Listing Condition List Broker Must Accompany

Midwest Real Estate Data (MRED) IDX
Listed by Paulette Hollingsworth • Baird & Warner
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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(630) 401-6210

genhomepro@gmail.com

736 Sherwood Ave, Aurora, Illinois, 60506, USA

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5221 S Michigan AVE