5617 S Michigan Avenue
Chicago, IL, 60637
$895,000
5 Beds
2 Baths
0 SqFt
0 Acres
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$895,000
5617 S Michigan Avenue
Chicago, IL, 60637
MLS #MRD12510302 image #0MLS #MRD12510302 image #1MLS #MRD12510302 image #2MLS #MRD12510302 image #3MLS #MRD12510302 image #4MLS #MRD12510302 image #5MLS #MRD12510302 image #6
This six-unit building at 5617-5619 S Michigan Avenue offers investors both strong in-place income and pride of ownership. The property features a pristine stone facade and modern interiors with updated plumbing, electrical systems, and porches. It is a short walk to the CTA Green Line at Garfield, Washington Park, and only a quick drive to I-90, providing easy access to downtown Chicago and surrounding neighborhoods. Located in the Washinton park neighborhood a rapidly developing corridor just west of Hyde Park, University of Chicago and the Museum of Science and Industry, the property is positioned within an area that offers the opportunity for investors seeking both strong current returns and excellent appreciation potential.

Property Details

Price:
$895,000
MLS #:
MRD12510302
Status:
Active
Beds:
5
Baths:
2
Type:
Commercial
Neighborhood:
chiwashingtonpark
Listed Date:
Nov 3, 2025
Year Built:
1895
Chi – Washington ParkChiwashingtonpark

Schools

Interior

Exterior

Financial

Net Operating Income
$83,495
Tax Year
2023
Taxes
$8,467
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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 Commercial in Chicago as of Nov 04, 2025
1,100
Commercial Listed
168
Avg DOM
151
Avg $ / SqFt
$1,050,758
Avg List Price

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Property Summary

    5617 S Michigan Avenue Chicago IL is a Commercial for sale in Chicago, IL, 60637. It is listed for $895,000 To schedule a showing of MLS#mrd12510302 at 5617 S Michigan Avenue in Chicago, IL, contact your Compass / The Debra Dobbs Group agent at 3123074909.
5617 S Michigan Avenue
Chicago, IL