5169 S Michigan Avenue
Chicago, IL, 60615
$720,000
9 Beds
3 Baths
0 SqFt
0.11 Acres
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$720,000
5169 S Michigan Avenue
Chicago, IL, 60615
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Motivated Seller providing $20,000 in closing credits towards the buyer’s closing cost with a list price offer! Yes, you read correctly, twenty thousand ($20,000) in closing credits with a list price offer. This 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

Price:
$720,000
MLS #:
MRD12477731
Status:
Active
Beds:
9
Baths:
3
Type:
Multi Family
Neighborhood:
chiwashingtonpark
Listed Date:
Sep 22, 2025
Year Built:
1898
Chi – Washington ParkChiwashingtonpark

Schools

School District:
299

Interior

Heating
Natural Gas, Forced Air, Indv Controls

Exterior

Architectural Style
Brownstone
Construction Materials
Brick
Exterior Features
Balcony
Parking Features
Garage Door Opener, On Site, Garage Owned, Detached, Garage
Parking Spots
2

Financial

Tax Year
2023
Taxes
$4,802
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Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.

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Current real estate data for Multi Family in Chicago as of Oct 04, 2025
1,504
Multi Family Listed
79
Avg DOM
$499,612
Avg List Price

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Property Summary

    5169 S Michigan Avenue Chicago IL is a Multi Family for sale in Chicago, IL, 60615. It is listed for $720,000 To schedule a showing of MLS#mrd12477731 at 5169 S Michigan Avenue in Chicago, IL, contact your Compass / The Debra Dobbs Group agent at 3123074909.
5169 S Michigan Avenue
Chicago, IL