5659 South Michigan Avenue

Chicago, IL 60637

$1,075,000
Price
22
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Proud to present 5651-5659 S. Michigan Ave. Heavy value-add 18 unit multifamily in the opportunity and enterprise zone in Washington Park! The property is located in Chicago's Washington Park, with quick and easy access to major transportation routes on E 55th Street, I-90, and I-94 Expressway. This property consists of (1) four bedroom, two-bath units, (1) two bedroom, two-bath units, and (16) one bedroom, one-bath units. Target, Walmart Neighborhood Market, Whole Foods Market, Dollar Tree, Trader...Proud to present 5651-5659 S. Michigan Ave. Heavy value-add 18 unit multifamily in the opportunity and enterprise zone in Washington Park! The property is located in Chicago's Washington Park, with quick and easy access to major transportation routes on E 55th Street, I-90, and I-94 Expressway. This property consists of (1) four bedroom, two-bath units, (1) two bedroom, two-bath units, and (16) one bedroom, one-bath units. Target, Walmart Neighborhood Market, Whole Foods Market, Dollar Tree, Trader Joe's, Walgreens, Ulta Beauty, DTLR, CVS, T-Mobile, and Ross Dress for Less are all within four miles of this property. Starbucks, McDonald's, Burger King, Wingstop, Pizza Hut, Subway, Dunkin', Popeyes Louisiana Kitchen, Taco Bell, Checkers, KFC, Wendy's, Jimmy John's, Church's Chicken, and White Castle are all located in the bustling area. Residents and visitors to the neighborhood can enjoy Washington Park, a 366-acre park that features a pool, three playgrounds, numerous baseball and softball fields, cricket fields, a football/soccer combo field, and Bynum Island.
  1. Listed by Anthony Hardy • Keller Williams ONEChicago
  2. Listed by Travis Montgomery • Keller Williams ONEChicago

Property Details for 5659 South Michigan Avenue

Area
CHI - Washington Park

Location

Listing Courtesy of Keller Williams ONEChicago
Add your commute
LISTING UPDATED: 03/18/2024 02:40 PM

Property Details for 5659 South Michigan Avenue

StatusActive
MLS #11899673
Days on Market239
Taxes$18,491 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family 5+ / Multi Family 5+-Other
Year Built1903
Lot Size0.09 AC / 3,703 SF
CountyCook County

Location

Listing Courtesy of Keller Williams ONEChicago
Add your commute

Building Information for 5659 South Michigan Avenue

Stories-Residences18Year Built1903Building Size-Lot Size0.09 AC / 3,703 SF

Payment Calculator

$7,408 per month

30 year fixed, 7.25% Interest

Principal and Interest

$5,867

Property Taxes

$1,541

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 5659 South Michigan Avenue

General Information
Location and General Information
  • Information: None
Taxes and HOA Information
  • Additional Parcels: Yes
Property Information
Interior Features
  • Heat/Ventilation: Other
  • Num of Baths: 0.0
Property/Lot Information
  • Tenant Pays: Other
  • Built Before 1978: Yes
  • Approximate Age: Older
  • Multi-Family Type: Other
  • Lot Dimensions: 3703 SF
  • Stories: 3
Property and Assessments
  • Public Document Count: 0
  • Photos Count: 16
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 18
Income & Expenses
  • Electric Expense: $.00
  • Fuel Expense: $.00
  • Gross Income: $.00
  • Gross Scheduled Income: $.00
  • Insurance Expense: $.00
  • Maintenance Expense: $.00
  • Janitor Expense: 0
  • Total Monthly Income: 0
  • Net Operating Income: $.00
  • Operating Expense: $.00
  • Other Expense: $.00
  • Trash Expense: $.00
  • Water Sewer Expense: $.00
Unit 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 1
  • Unit Type Units Total: 16
Unit 2
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 2
  • Unit Type Units Total: 1
Unit 3
  • Unit Type Beds Total: 4
  • Unit Type Type: Unit 3
  • Unit Type Units Total: 1
Unit 4
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 4
  • Unit Type Units Total: 0
Unit 5
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 5
  • Unit Type Units Total: 0
Unit 6
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 6
  • Unit Type Units Total: 0
Unit 7
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 7
  • Unit Type Units Total: 0

Property History for 5659 South Michigan Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 5659 South Michigan Avenue

Taxable ValueLand$2,213Additions$20,707Total$22,920
Tax Record2022$4,729 ($394 / month)
Home Facts
Stories3Lot Size4,025 SqFtStyleMulti-Family Res (5+ Units)Year Built1903CountyCOOKAPN20-15-109-046

Schools near 5659 South Michigan Avenue

This home is within City Of Chicago School District 299.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Charter - 9 to 12
Charter - K to 8
Rating
School
Distance
Carter Elementary School
PublicPK to 8

Phillips Academy High School
Public9 to 12

Ace Technical Charter High School
Charter9 to 12

CICS Washington Park
CharterK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Neighborhood Map and Transit

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5659 South Michigan Avenue is a multi-family home for sale in Chicago, IL 60637. This property was listed for sale on October 3, 2023 by Keller Williams ONEChicago, it's currently listed at $1,075,000. This listing's school district is City Of Chicago School District 299. Nearby schools include Carter Elementary School, Phillips Academy High School and Ace Technical Charter High School. 5659 South Michigan Avenue is a 22-bed, 0-bath, multi-family home built in 1903.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams ONEChicago

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.