NOT LISTED FOR SALE

5826 S Michigan Ave Chicago, IL 60637

Washington Park Neighborhood
16 Beds
12 Baths
-- Sq Ft
8,276 Sq Ft Lot

Last Sold March 22, 2021

Last sale price $375,000

38 Days on Market

About This Home

As of March 2021

This Massive Brick 6 unit building is nestled in the Lovely Washington Park area. 4 units are 3 bed/2 bath, and 2 units - first floor units are 2 bed/ 2 bath. Exposed Original hardwood floors in living area of most units. Hardwood floors under carpet in the bedrooms and dining area. Original woodwork and and built-in cabinetry still in unit. Parking pad in back with room to park 3 cars AND a 2 car garage. This will go quickly! Listing office does not hold earnest deposit.

Last Agent to Sell the Property

Carolyn Ramsey

Ramsey Realty Group LLC License #471019868 Listed on: 11/03/2020

Last Buyer's Agent

David Thomas

Blue Door Dave Inc License #471020400

Property Details

Home Type

  • Multi-Family

Year Built

  • 1908

Lot Details

  • 8,276

Community Details

  • Fuel Expense $8,566
  • Insurance Expense $4,630

Listing and Financial Details

  • Tenant pays for electric

Property Details

Home Type

Multi-Family

Year Built

1908

Lot Details

0

Listing Details

  • Property Type: Multi Family 5+
  • Built Before 1978 (Y/N): Yes
  • Estimated Age: Older
  • Net Oper Income: 22899
  • Repairs Decor Expense: 1699
  • Scavenger Expense: 2172
  • Total Annual Exp: 20301
  • Total Annual Income: 43200
  • Total Monthly Income: 3600
  • Number Of Stories: 3
  • Estimated Year Built: 1908
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1908

Exterior Features

  • Acreage: 0.19

Garage/Parking

  • Number Of Parking Spaces: 5

Utilities

  • Heatventilation: Radiators, Radiant
  • Water Expense: 4516

Condo/Co-op/Association

  • Units in Building: 6

Fee Information

  • Electricity Expense: 532
  • Janitor Expense: 2155

Lot Info

  • Lot Dimensions: 8424
  • Parcel Identification Number: 20151200290000

Rental Info

  • Gross Rental Income: 52200
  • Tenant Pays: Electric

Multi Family

  • Fuel Expense: 8566
  • Gross Rent Multiplier: 11
  • Insurance Expense: 4630

Tax Info

  • Taxes: 3051

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
03/22/2021 03/22/21 Sold $375,000 -26.5% --
12/11/2020 12/11/20 Pending -- -- --
11/03/2020 11/03/20 For Sale $510,000 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Carolyn Ramsey

    Seller's Agent in 2021

    Carolyn Ramsey

    Ramsey Realty Group LLC

    (777) 349-7715

    1 in this area

    76 Total Sales

    Section Image
  • David Thomas

    Buyer's Agent in 2021

    David Thomas

    Blue Door Dave Inc

    (773) 301-7966

    9 in this area

    166 Total Sales

    Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10923714

Midwest Real Estate Data (MRED)

Illinois Cook County Chicago 60637 Washington Park

5826 S Michigan Ave, Chicago, IL

This home is located at 5826 S Michigan Ave, Chicago, IL 60637 since 03 November 2020. This property was built in 1908. 5826 S Michigan Ave is a home located in Cook County with nearby schools including Carter Elementary School, Wendell Phillips Academy High School, and CICS Washington Park.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Midwest Real Estate Data (MRED) Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.

The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked.
Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.
The DMCA requires that your notice of alleged copyright infringement include the following information:
(1) description of the copyrighted work that is the subject of claimed infringement;
(2) description of the alleged infringing content and information sufficient to permit us to locate the content;
(3) contact information for you, including your address, telephone number and email address;
(4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law;
(5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and
(6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

Nearby Homes