5165 Michigan Avenue, Washington Park, Chicago, Illinois 60615


$199,000

Sold
Status: Closed
Sqft: 0
Cost/Sqft:
Beds: 0
Baths: 0
Year Built:
Property Taxes: $3,013
Days On Market: 183
Lot Size: 0,19
Map
Street View

Description

Attention residential developers! Don't miss this exceptional opportunity to acquire a 0.19-acre lot in Chicago's thriving Washington Park neighborhood. Located at 5165 S Michigan Ave, this RM-5 zoned lot offers flexibility for various residential projects in an area experiencing rapid revitalization. With ample space to build an 8-unit residential building or two 4-unit buildings, this site presents a fantastic investment in a neighborhood seeing a surge in new construction. The property's prime location on Michigan Ave places it near key amenities, including Washington Park, Provident Hospital, and major transit routes, making it highly attractive to future residents. Whether you envision a boutique condo development or a rental property, the potential for strong returns is undeniable. With ongoing redevelopment efforts in the area, this lot is perfectly positioned for a profitable project-secure your stake in Washington Park's transformation today!

Property Specifics

Lot/Land
No
0.19
Cook
— / —
12322600
20103020130000

Property History

DATE: EVENT: PRICE: SOURCE:
14 Aug, 2025 Sold $199,000 MRED MLS
24 Apr, 2025 Under contract $250,000 MRED MLS
27 Mar, 2025 Listed for sale $250,000 MRED MLS

Room Specifics

All Bedroom Info:
Total Bedrooms: —
Bedrooms Above Ground: 0
Bedrooms Below Ground: —
Second Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
First Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
0th Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Bathroom Info:
Full Bathrooms: 0
Partial Bathrooms: —
Bathroom Amenities: —
Bathroom in Basement: 0
Additional Rooms Info:
Rooms: —
Basement: —
Basement Description: —

Other Specifics

52X161
Not in DB

Tax History

Year Property Taxes
2025 $3,013

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Listing Provided By

Straight-A Realty, LLC