5720 S Michigan Avenue Chicago, IL ^$ 995,000

5720 S Michigan Avenue

^$ 995,000

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5720 S Michigan Avenue

Chicago, IL, 60637

^$ 995,000

Bedrooms17 Baths0.0

Monthly Estimate*

^$ 6,283

5720 S Michigan Avenue, Chicago, IL 60637 - Image 1

5720 S Michigan Avenue, Chicago, IL 60637 - Image 2

5720 S Michigan Avenue, Chicago, IL 60637 - Image 3

5720 S Michigan Avenue, Chicago, IL 60637 - Image 4

5720 S Michigan Avenue, Chicago, IL 60637 - Image 5

Multi-Family Home for sale in Chicago, IL

for $995,000 with 17 bedrooms. This home was built in 1906.

Multi-Family Active

Price

^$ 995,000

Bedrooms

Property Type

Multi-Family

Taxes

^$ 16,333

Style

Year Built

1906

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12589496

Features

General

Year Built 1906

Stories Count 3

Tax Year 2024

Gross Income 133092

County Cook

Net Operating Income 90964

Operating Expense 36974

Insurance Expense 3000

Property Type Commercial Sale Multi Family 5+

MaintenanceExpense 1000

Status Active

Directions Property is located on 57th and S. Michigan Ave

City Chicago

Number Of Units Total 6

MLS Area CHI - Washington Park

Tax Annual Amount 16333

Electric Expense 1000

Fuel Expense 719

Trash Expense 1300

Water Sewer Expense 3000

Additional Parcels Y/N N

Standard Status Active

Exterior

Lot Dimensions 25x125

* Excluded Features

List By

Juniper Real Estate Llc

Broker

charlievasbinder@gmail.com

Affordability Calculator

$7,644

Per Month

Monthly Principal & Interest: $6,283
Monthly Property Taxes: $1,361
Monthly Home Insurance: --

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Interest Rate

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.49% 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 ^$623,266

Percent of Sale Price 37%

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.

565567 Elementary School

567955 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
6/30/2026	$995,000	-4.33%	Price Down
5/28/2026	$1,040,000	-7.56%	Price Down
4/28/2026	$1,125,000		Listed Price

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5720 S Michigan Avenue, Chicago, IL, 60637 is a Multi-Family Home for sale at $995,000. 5720 S Michigan Avenue has 17 bedrooms, 0.0 baths, and was built in 1906. 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 6.49% 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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Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Data is updated as of 7/14/2026.

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5720 S Michigan Avenue

Multi-Family Home for sale in Chicago, IL

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