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!
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Property Details
Utilities
Heating Natural Gas
Cooling
Water Public
Sewer
Additional Information
Parking
2 Garage Spaces, Garage On Site
Schools
District 299
Payment Calculator
Listing History
10-28-2024
Listed at $400,000
11-06-2024
Status changed to Under Contract
01-23-2025
Status changed to Closed
01-21-2025
Sold at $400,000
Last Modified 1/23/25 10:33 AM
Nearby Transportation
Bus 15
0.2 mi
Bus 29
0.2 mi
Bus 3
0.3 mi
Bus 55
0.3 mi
Bus 24
0.4 mi
Bus 51
0.5 mi
Bus 59
0.6 mi
Bus 47
0.7 mi
Bus 4
0.8 mi
Bus 2
0.8 mi
Bus 43
0.8 mi
Bus 192
1.0 mi
Bus 172
1.1 mi
Bus 171
1.1 mi
Bus 8
1.2 mi
Green Line
0.3 mi
Red Line
0.5 mi
I 90 West
0.5 mi
I 94 West
0.5 mi
I 90 East
0.6 mi
I 94 East
0.6 mi
I 55 North
3.0 mi
I 55 South
3.1 mi
I 290 East
5.0 mi
For More Information
(312) 528-9200
For more information about 5221 S Michigan, Chicago, IL 60615 contact Corcoran Urban Real Estate.
Broker Reciprocity
Listing provided by Baird & Warner
All information provided is deemed reliable but is not guaranteed and should be independently verified.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Midwest Real Estate Data LLC. Real estate listings held by brokerage firms other than Urban Real Estate are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.