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22 Properties Within 0.5 miles of: 5221 S Michigan, Chicago

5221 S Michigan
Chicago, IL 60615

  • 12 Beds
  • Built In 1903
Price

$400,000

Est Payment
$2,722 / month (details)  
Taxes
$7,221  
Beds
12  
Rooms
9  
Type
Two to Four Units  
Sq. Ft.
n/a  
Lot Size
35X165  
Built
1903  
Neighborhood
Washington Park  
MLS
#12189649
Status
Sold (1/21/2025)

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!

Property Map

Property Details

Utilities

  • Heating Natural Gas
  • Cooling
  • Water Public
  • Sewer

Additional Information

Parking
2 Garage Spaces, Garage On Site
Schools
District 299

Payment Calculator

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Principal & Interest
$0
Property Tax
$0
Assessments
$0
Home Insurance
$0
Mortgage Insurance
$0

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
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