1. Home
  2. > Search
  3. > Homes for Sale in Washington Park
  4. > 5221 S Michigan Avenue, Chicago, IL 60615
$400,000
12
beds
6
baths

5221 S Michigan Avenue
Chicago, Illinois 60615

Closed / MLS #12189649 / Multiple Unit (2-4) / Washington Park
Listing information updated 1/23/2025 at 10:43am
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!
Exterior Type:
Brick
Basement:
Finished
Beds Above Grade:
12
Heating System:
Natural Gas
Pool:
No
Age:
100+ Years
Parking Type:
Garage
Parking Spaces:
2
Room Count:
9
Water Front:
No
Square Feet:
N/A
Lot Size:
.50-.99 Acre
Tax Amount:
$7,221
Tax Year:
2022
Zip Code:
60615
City:
Chicago
County:
Cook
School District(s):
299
Elementary School:
N/A
Middle School:
N/A
High School:
N/A

Listing Office: Baird & Warner

Listing Office Phone: 312.640.7010

Disclaimer: The data relating to real estate for sale on this website comes courtesy of Midwest Real Estate Data, LLC as distributed by MLS GRID. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 1/23/2025 at 10:43am. 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 listings have been excluded from this website.

Washington Park

Washington Park, IL

Surrounded by an expansive park of the same name, Washington Park offers a number of attractions that appeal to residents. The park spans more than 340 acres, and was the proposed location of the Olympic Stadium and swimming venue for the 2016 Summer Olympics. Added to the National Register of Histo...

CTA

CTA
Green line at 51st
CTA
Red line at Garfield
$324,776
Average Sale Price
109
Average Days On The Market
92%
Sales Prices VS. List Price
Data represents the community area’s average over the past 12 months. All information deemed reliable, but not guaranteed.
Map of 5221 S Michigan Avenue, Chicago, IL 60615
Mortgage Calculator

Not quite what you are looking for?

Similar listings for sale near 5221 S Michigan Avenue, Chicago, IL 60615

Like the area?

More homes for sale near 5221 S Michigan Avenue, Chicago, IL 60615

New Listings in Washington Park, IL

Recently Sold Homes in Washington Park, IL

Nearby Homes for Sale

5221 S Michigan Avenue, Chicago, IL 60615 is a multiple unit (2-4) which sold for $400,000. 5221 S Michigan Avenue features 12 Beds, 6 Baths. This multiple unit (2-4) has been listed on @properties Christie's International Real Estate since October 26th, 2024 and was built in 1903. The nearest transit stops include 51st CTA Green line.

Mortgage Calculator