5221 Michigan Avenue, Washington Park, Chicago, Illinois 60615


$400,000

Sold
Status: Closed
Sqft: 0
Cost/Sqft: —
Beds: 12
Baths: 0
Year Built: 1903
Property Taxes: $7,221
Days On Market: 734
Lot Size: 0,00

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 Specifics

Multi-unit
—
—
1903
—
Brick
—
—
No
—
Cook
—
— / —
—
—
—
—
—
12189649
20103030020000

Property History

DATE: EVENT: PRICE: SOURCE:
21 Jan, 2025 Sold $400,000 MRED MLS
6 Nov, 2024 Under contract $400,000 MRED MLS
26 Oct, 2024 Listed for sale $400,000 MRED MLS

Room Specifics

All Bedroom Info:
Total Bedrooms: 12
Bedrooms Above Ground: 12
Bedrooms Below Ground: 0
Bathroom Info:
Full Bathrooms: 6
Partial Bathrooms: —
Bathroom Amenities: —
Bathroom in Basement: 0
Additional Rooms Info:
Rooms: —
Basement: —

Other Specifics

2
—
Garage
—
—
—
—
—
35X165
—
—
—
—
Not in DB
—
—
—

Tax History

Year Property Taxes
2025 $7,221

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Contact Agent

Listing Provided By

Baird & Warner