5534 S Michigan Ave Chicago, IL 60637
Washington Park Neighborhood
9
Beds
6
Baths
--
Sq Ft
2025
Built
About This Home
As of July 2025BRAND NEW CONSTRUCTION 3 Unit. Each 1,500 sq ft luxury simplex is an oversized 3 bedroom, 2 bathroom Condo Quality Unit; each features a beautiful open floorplan, each kitchen with high-end stainless appliances, quartz counters, and in-unit laundry. Extra insulation for noise reduction between floors and from the outside. Unbeatable location walking distance to the 55th/Garfield CTA Green Line station and two blocks from Washington Park. The projected rent roll is $8,400. Signed lease for $2,700 for the middle unit. Property Management can be arranged for buyers
Last Agent to Sell the Property
Fulton Grace Realty License #475164126 Listed on: 05/31/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,907
Year Built
- Built in 2025 | New Construction
Bedrooms and Bathrooms
- 9 Bedrooms
- 9 Potential Bedrooms
- 6 Bathrooms
Parking
- 3 Parking Spaces
- Parking Included in Price
Additional Features
- Lot Dimensions are 25x161
- Heating System Uses Natural Gas
Community Details
- 3 Units
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 31, 2025
Closed on
Jul 29, 2025
Sold by
Carpi Diem Investments Inc
Bought by
Agondanou Nouhessed Monel
Seller's Agent
Lawrence Dunning
Fulton Grace Realty
Buyer's Agent
Oswaldo Guezo
Premier Agent Network Illinois, LLC
List Price
$1,049,000
Sold Price
$1,000,000
Premium/Discount to List
-$49,000
-4.67%
Views
9
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.74%
Original Mortgage
$950,000
Outstanding Balance
$950,000
Interest Rate
6.99%
Mortgage Type
New Conventional
Estimated Equity
$59,340
Purchase Details
Listed on
Jan 3, 2024
Closed on
Feb 5, 2024
Sold by
Williams Virgil L and Owens Zenobia
Bought by
Carpi Diem Investments Inc
Seller's Agent
Moses Hall
MoHall Commercial & Urban Development
Buyer's Agent
Sean Jones
eXp Realty
List Price
$110,000
Sold Price
$100,000
Premium/Discount to List
-$10,000
-9.09%
Views
13
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
389.39%
Similar Homes in Chicago, IL
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,000,000 | First American Title | |
| Warranty Deed | $100,000 | None Listed On Document |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $950,000 | New Conventional | |
| Previous Owner | $600,000 | Construction |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/25/2025 07/25/25 | Sold | $1,000,000 | -4.7% | -- |
| 06/25/2025 06/25/25 | Pending | -- | -- | -- |
| 05/31/2025 05/31/25 | For Sale | $1,049,000 | +949.0% | -- |
| 02/12/2024 02/12/24 | Sold | $100,000 | -9.1% | -- |
| 01/18/2024 01/18/24 | Pending | -- | -- | -- |
| 01/03/2024 01/03/24 | For Sale | $110,000 | -- | -- |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $2,982 | $14,088 | $14,088 | -- |
| 2023 | $2,907 | $14,088 | $14,088 | -- |
| 2022 | $2,907 | $14,088 | $14,088 | $0 |
| 2021 | $2,841 | $14,087 | $14,087 | $0 |
| 2020 | $1,524 | $6,842 | $6,842 | $0 |
| 2019 | $1,375 | $6,842 | $6,842 | $0 |
| 2018 | $1,352 | $6,842 | $6,842 | $0 |
| 2017 | $1,213 | $5,635 | $5,635 | $0 |
| 2016 | $1,129 | $5,635 | $5,635 | $0 |
| 2015 | $1,033 | $5,635 | $5,635 | $0 |
| 2014 | $896 | $4,830 | $4,830 | $0 |
| 2013 | $878 | $4,830 | $4,830 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Lawrence Dunning
Seller's Agent in 2025
Lawrence Dunning
Fulton Grace
(312) 286-0427
8 in this area
198 Total Sales
-
Oswaldo Guezo
O
Buyer's Agent in 2025
Oswaldo Guezo
Premier Agent Network Illinois, LLC
(877) 663-9366
1 in this area
2 Total Sales
-
Moses Hall
Seller's Agent in 2024
Moses Hall
MoHall Commercial & Urban Development
(312) 826-9925
1 in this area
44 Total Sales
-
Sean Jones
S
Buyer's Agent in 2024
Sean Jones
eXp Realty
(773) 406-7142
2 in this area
12 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12380626
APN: 20-15-101-015-0000
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