5729 S MICHIGAN Avenue Chicago, IL ^$ 430,000

5729 S MICHIGAN Avenue

^$ 430,000

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5729 S MICHIGAN Avenue

Chicago, IL, 60637

^$ 430,000

Bedrooms8 Baths4.1 Sq 3,800

Monthly Estimate*

^$ 3,004

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Multi-Family Home for sale in Chicago, IL

for $430,000 with 8 bedrooms and 4 full baths, 1 half bath. This 3,800 square foot home was built in 1905.

Maintained large exterior brick 3 flat in Washington Park Area -on a uniform block with original interior with lots of potential waiting for the right investor looking for value and appreciation. Extremely large building kept in decent and livable condition from the 1st to the 3rd floor. The basement is unfinished with high ceiling and can be built into another unit with new plan. Each unit has large living rooms, dining rooms, large bedrooms with original hardwood floors throughout. 2nd and 3rd floors have seen some renovations while leaving much of the original architectural features, dark wood crown molding in their pristine state. There is lots of room to increase rents. Located a few blocks from Garfield Blvd and green line, University of Chicago Arts Incubator, Washington Park field, etc. Motivated seller!

Multi-Family Active

Price

^$ 430,000

Bedrooms

Full Bath

Half Bath

Property Type

Multi-Family

Taxes

^$ 5,445

Style

Brownstone

Year Built

1905

Town/City

Chicago

County/Region

Cook

MLS | Web ID

11854773

Features

General

Sewer Public Sewer

Heating Natural Gas Forced Air Sep Heating Systems - 2+

Possession Closing

Roof Flat

Zoning MULTI

Architectural Style Brownstone

Year Built 1905

Township Hyde Park

Tax Year 2021

Percent Ownership Fee Simple

Gross Income 37200

Community Features Curbs Sidewalks Street Lights Street Paved

County Cook

New Construction N

Property Type Residential Income Two to Four Units

Total Rooms 15

Status Active

Directions 55TH ST TO MICHIGAN AVE S TO PROPERTY

City Chicago

High School District 299

MLS Area CHI - Washington Park

Waterfront Y/N N

Street Name MICHIGAN

Tax Annual Amount 5445.67

Electric Expense 271

Fuel Expense 1181

Water Sewer Expense 2946

Virtual Tour https://smartfloorplan.com/il/v477606/player.pl

Days on Market 253

Standard Status Active

Middle/Junior School District 299

Elementary School District 299

Interior

Basement Full Unfinished

Street Suffix Avenue

Total Bedrooms 8

Total Baths 4

Bedrooms Possible 8

Full Baths Building 3

Half Baths Building 1

Total Number of Units 3

Exterior

Parking Features Unassigned

Lot Features Fenced Yard

Water Source Lake Michigan

Total Parking 2

Foundation Details Concrete Perimeter

Lot Dimensions 36X161X35X161

Exterior Brick

* Excluded Features

List By

Exp Realty, Llc

Broker

carleen.lewis@exprealty.com

Affordability Calculator

$3,457

Per Month

Monthly Principal & Interest: $3,004
Monthly Property Taxes: $454
Monthly Home Insurance: --

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Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Chicago, IL

Average List Price ^$643,989

Percent of Sale Price 50%

About Chicago, IL

2,755,380 Population

-4% Since 2002

^$53,088 Median Income

36.07 Median Age

25% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

566059 Elementary School

566846 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
11/6/2023	$430,000	-3.37%	Price Down
9/4/2023	$445,000	-3.26%	Price Down
8/8/2023	$460,000		Listed Price

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5729 S MICHIGAN Avenue, Chicago, IL, 60637 is a Multi-Family Home for sale at $430,000 with 3,800 sqft. 5729 S MICHIGAN Avenue has 8 bedrooms, 4.1 baths, and was built in 1905. The property's zip code is 60637 which is in Chicago, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Data is updated as of 4/29/2024.

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5729 S MICHIGAN Avenue

Multi-Family Home for sale in Chicago, IL

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