5849 S Michigan AVE, Chicago, IL 60637
5849 S Michigan AVE, Chicago, IL 60637
5849 S Michigan AVE, Chicago, IL 60637
5849 S Michigan AVE, Chicago, IL 60637
5849 S Michigan AVE, Chicago, IL 60637
5849 S Michigan AVE, Chicago, IL 60637
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Key Details

Property Type Multi-Family

Sub Type Multi Family 5+

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12778335

Maintenance Fees $2,365

Year Built 1908

Annual Tax Amount $13,305

Tax Year 2024

Lot Dimensions 50x160

Property Sub-Type Multi Family 5+

Property Description

Welcome to this lovely property located in Chicago's Washington Park neighborhood consisting of an all-brick exterior with 8 units. This multifamily property located in One of Chicagos premier communities features SIX spacious 3-bedroom/1-bath units and two versatile garden apartments, with a fully occupied rent roll and strong rents in place. The residences feature hardwood flooring, decorative fireplaces, oversized windows, abundant natural light, and private rear decks. Additional property amenities include on-site laundry, basement storage, and six rear parking spaces. Owner-reported improvements include two water heaters replaced within the past two years, along with a modernized boiler system equipped with wireless thermostats. An excellent opportunity for investors seeking a multifamily asset with established rental income and additional value potential. Serious inquiries only. Financial qualification, including proof of liquid funds, is required prior to scheduling a showing.

Location

State IL

County Cook

Area Chi - Washington Park

Zoning MULTI

Interior

Cooling None

Fireplace N

Building

Dwelling Type Multi Family 5+

Structure Type Brick

Midwest Real Estate Data (MRED) IDX
Listed by James Mattz of  Keller Williams Preferred Rlty 

Nearby Locations

Legacy Property Management

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(224) 999-9200

propertymanagement@legacypropertiesil.com

1350 Remington Rd, Suite B, Schaumburg IL, Other

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5849 S Michigan AVE