Active Under Contract Commercial MLS# 12778335

5849 S Michigan Avenue

Chicago, IL 60637

$724,900

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About 5849 S Michigan Avenue

Welcome to this lovely property located in Chicago's Washington Park neighborhood consisting of an all-brick exterior with 8 units. This multifamily property located in One of Chicagos premier communities features SIX spacious 3-bedroom/1-bath units and two versatile garden apartments, with a fully occupied rent roll and strong rents in place. The residences feature hardwood flooring, decorative fireplaces, oversized windows, abundant natural light, and private rear decks. Additional property amenities include on-site laundry, basement storage, and six rear parking spaces. Owner-reported improvements include two water heaters replaced within the past two years, along with a modernized boiler system equipped with wireless thermostats. An excellent opportunity for investors seeking a multifamily asset with established rental income and additional value potential. Serious inquiries only. Financial qualification, including proof of liquid funds, is required prior to scheduling a showing.

Property details

Property

Type
commercial
Year built
1908
List date
Oct 6, 2026

Schools

District
Chicago Public School District 299

Location

Subdivision
Washington Park
Neighborhood
Washington Park

Location

Neighborhood
Washington Park
School district
Chicago Public School District 299

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Listed by James Mattz, Keller Williams Preferred Rlty

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.