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.
Features of 5849 S Michigan Avenue
| MLS® # | 12732315 |
|---|---|
| Price | $825,000 |
| Bathrooms | 0.00 |
| Year Built | 1908 |
| Type | Commercial Sale |
| Sub-Type | Multi Family 5+ |
| Status | Contingent |
| Taxes | $13,305 |
Community Information
| Address | 5849 S Michigan Avenue |
|---|---|
| Area | CHI - Washington Park |
| City | Chicago |
| County | Cook |
| State | IL |
| Zip Code | 60637 |
Amenities
| Is Waterfront | No |
|---|---|
| New Construction | No |
| Has Pool | No |
Interior
| Cooling | None |
|---|---|
| Fireplace | No |
| Has Basement | No |
Exterior
| Exterior | Brick |
|---|
Additional Information
| Days on Market | 24 |
|---|---|
| Zoning | MULTI |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Keller Williams Preferred Rlty |
|---|