5169 S Michigan Ave Chicago, IL 60615
Washington Park NeighborhoodEstimated payment $4,236/month
Highlights
- Popular Property
- Den
- Patio
- Brownstone
- Balcony
- Forced Air Heating System
About This Home
Motivated Seller providing $10,000 in closing credits towards the buyer's closing cost with a list price offer! Seller needs to sale due to a reverse 1031 exchange. 5169 S Michigan Ave is a well-maintained 3-unit rehabbed building in vibrant Washington Park. Each of the three spacious units have been updated with modern kitchens featuring quartz countertops and stainless steel appliances, plus larger back decks perfect for everyday use or entertaining. Individualized Central AC and heat was added in 2024, bringing extra comfort for tenants. This unit is close to Washington Park, University of Chicago/ Hospital, upcoming data Center, Schools, Shopping, and walking distance from the XS Tennis facility. You will be close to public transportation; CTA bus, CTA Green Line stop on 51st, Metra lines, 90/94expressway, and Lake Shore Drive. Only 9 minutes to Hyde Park and a 15 minute drive to downtown Chicago. With public transit steps away, parks nearby, and downtown just a short ride, this property combines convenience, strong rental appeal, and long-term value.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,802
Year Built
- Built in 1898 | Remodeled in 2022
Lot Details
- 4,792 Sq Ft Lot
- Lot Dimensions are 30 x 160
- Fenced
Parking
- 2 Car Garage
- Parking Included in Price
Home Design
- Brownstone
- Brick Exterior Construction
- Stone Foundation
Interior Spaces
- Den
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 9 Bedrooms
- 9 Potential Bedrooms
- 3 Bathrooms
Outdoor Features
- Balcony
- Patio
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
- Individual Controls for Heating
- Lake Michigan Water
Community Details
- 3 Units
- Gross Income $5,500
Listing and Financial Details
- Homeowner Tax Exemptions
Map
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
09/15/2025 09/15/25 | For Sale | $720,000 | +15.2% | -- |
01/31/2024 01/31/24 | Sold | $625,000 | +1.6% | -- |
01/08/2024 01/08/24 | Pending | -- | -- | -- |
11/03/2023 11/03/23 | For Sale | $615,000 | -- | -- |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12471746

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