$720,000

Estimated payment $4,236/month

Total Views 293
9 Beds
3 Baths
-- Sq Ft
-- Price per Sq Ft

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.

Listing Agent

Phillip Dixon

Compass License #475161022 Listed on: 09/15/2025

Compass

Co-Listing Agent

Kasey Taylor

Compass License #475174728

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,802

Year Built

Built in 1898 | Remodeled in 2022

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Brownstone
  • New Construction: No
  • Year Built: 1898
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2022
  • MRD_WaterViewYN: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2022

Interior Features

  • Basement: Finished, Exterior Entry, Egress Window, Full
  • Total Bathrooms: 3
  • Total Bedrooms: 9
  • Room Type: Den
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 3
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Microwave,Central Air Conditioner
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Microwave,Central Air Conditioner,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Microwave,Central Air Conditioner,Hardwood Floors

Exterior Features

  • Construction Materials: Brick
  • ExteriorFeatures: Balcony
  • Fencing: Fenced
  • Foundation Details: Stone
  • List Price: 720000
  • Patio And Porch Features: Patio
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Garage Door Opener, On Site, Garage Owned, Detached, Garage
  • ParkingTotal: 2

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Forced Air, Indv Controls
  • Water Source: Lake Michigan, Public

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Size Acres: 0.11
  • Lot Dimensions: 30 X 160
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: Yes

Multi Family

  • GrossIncome: 5500
  • Units in Building: 3
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Flat

Tax Info

  • Tax Annual Amount: 4802
  • Tax Year: 2023
  • Tax Exemptions: Homeowner

Map

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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)

Source: Midwest Real Estate Data (MRED)

MLS Number: 12471746

Midwest Real Estate Data (MRED)