5849 S Michigan Avenue, Chicago, IL, 60637

$825,000

About 5849 S Michigan Avenue

Welcome to this lovely property located in Chicago's Washington Park neighborhood consisting of an all-brick exterior with 8 units. This multifamily property located in One of Chicagos premier communities features SIX spacious 3-bedroom/1-bath units and two versatile garden apartments, with a fully occupied rent roll and strong rents in place. The residences feature hardwood flooring, decorative fireplaces, oversized windows, abundant natural light, and private rear decks. Additional property amenities include on-site laundry, basement storage, and six rear parking spaces. Owner-reported improvements include two water heaters replaced within the past two years, along with a modernized boiler system equipped with wireless thermostats. An excellent opportunity for investors seeking a multifamily asset with established rental income and additional value potential. Serious inquiries only. Financial qualification, including proof of liquid funds, is required prior to scheduling a showing.

Additional Information: This property is located in the CHI - Washington Park neighborhood, IL. This bedrooms multi family 5+ property is priced at $825,000.

Facts & Features

MLS® # 12732315
Price $825,000
Bathrooms 0.00
Taxes $13,305
Year Built 1908
Type Commercial Sale
Sub-Type Multi Family 5+
Status Active

Community Information

Address 5849 S Michigan Avenue
Area CHI - Washington Park
City Chicago
County Cook
State IL
Zip Code 60637

Amenities

Is Waterfront No
Has Pool No

Interior

Cooling None
Fireplace No
Has Basement No

Exterior

Exterior Brick

Additional Information

Days on Market 7
Zoning MULTI
Foreclosure No
Short Sale No
RE / Bank Owned No
Taxes $13,305

Listing Details

OfficeKeller Williams Preferred Rlty

Listing Map

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