5221 S Michigan AVE, Chicago, IL 60615 – 12189649

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Michael Bempah

The Bempah Group

mike@thebempahgroup.com +1(630) 206-9116

$ 400,000

Est. payment | -/mo

12 Beds

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$ 400,000

Est. payment | -/mo

Save

12 Beds

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active Under Contract

Purchase Type For Sale

MLS Listing ID 12189649

Bedrooms 12

Year Built 1903

Annual Tax Amount $7,221

Tax Year 2022

Lot Dimensions 35X165

Property 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!

Location

State IL

County Cook

Area Chi - Washington Park

Rooms

Basement Walkout

Interior

Heating Natural Gas

Fireplace N

Exterior

Garage Detached

Garage Spaces 2.0

Waterfront false

Building

Dwelling Type Two to Four Units

Water Public

New Construction false

Schools

School District 299 , 299, 299

Others

Ownership Fee Simple

Special Listing Condition List Broker Must Accompany

Listed by Paulette Hollingsworth • Baird & Warner

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Michael Bempah

Broker | License ID: 475.175881

mike@thebempahgroup.com

+1(630) 206-9116

50 S Main St, Naperville, IL, 60540, USA