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$214,900

  • For Sale
  • Active
  • Condo
  • 3 Beds
  • 2 Full Baths
  • 1,500 Sq. Ft.
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Spacious 3-bedroom, 2-bathroom condo located in the heart of Bronzeville. This well-maintained 10-unit building is fully rented, offering excellent investment potential, yet remains ideal for owner-occupants seeking a vibrant community and prime location. The current CHA tenant is on a month-to-month lease, providing flexibility for new buyers. Perfect for investors looking to generate income or first-time homeowners ready to build equity. Being sold As-Is, Where-Is. Don't miss out on this great opportunity - schedule your private showing today!

Full Property Details for 5408 S Michigan Ave #1S

General

  • Price: $214,900
  • HOA FEE: $250/month
  • Taxes: $1,626 (2023)
  • Status: Active
  • Type: Condo
  • Source: MRED
  • MLS ID: 12491668
  • Updated: 11/9/2025
  • Added to Site: 102 day(s) ago

Interior

  • Basement: None
  • Appliances: Range, Microwave, Dishwasher, Refrigerator

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 3

Parking

  • Total Spaces: 1
  • Parking Features: Assigned, Yes, Owned

Location

  • Area: CHI - Washington Park
  • County: Cook
  • Township: Hyde Park
  • Driving Directions: South on Michigan to address

School Information

  • School District: 299
  • Elem School District: 299
  • Midd School District: 299
  • High School District: 299

Community

  • Assoc. Fees Include: Water, Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal

Heating & Cooling

  • Cooling Type: Central Air Conditioning
  • Heating Type: Natural Gas

Utilities

  • Sewer: Septic Tank
  • Water: Public

Structural Information

  • Structure Type: Condo
  • Construction: Brick
  • Exterior Const.: Brick
  • Basement Desc.: None
  • Stories/Levels: 1
  • Square Feet: 1,500
  • Sq. Ft. Source: Estimated

Unit Information

  • Units in Building: 10

Lot Features

  • Lot Dimensions: 125 x 25

Financial Considerations

  • Association Fee: $250
  • Assoc Fee Freq.: Monthly
  • Parking Included: Yes
  • Tax Amount: $1,626
  • Tax Year: 2023
  • Pays Sewer: Septic Tank

Disclosures and Reports

  • Ownership: Fee Simple
  • Property ID: 20103090801002

Listed by Re-CHRG Inc

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Listing agents

— 5408 S Michigan Ave #1S —

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 5408 S Michigan Ave #1S

School District:Chicago Public School District 299
NameGradesDistance
Beethoven Elementary School
25 West 47th Street, Chicago, IL 60609
PK-80.9 mi
Phillips Academy High School
244 East Pershing Road, Chicago, IL 60653
12-112 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 5408 S Michigan Ave #1S Get Price Alerts and Save Property

Date
Details
Price
Change
Source
11/03/2025
Price Reduced
$214,900
-4.49%
MLS
10/08/2025
Listed
$225,000
50%
MLS
2/02/2009
Sold
$150,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 5408 S Michigan Ave #1S

Year
Property Taxes
Change
Tax Assessment
Change
2023
$1,626
4%
$10,999
—
2022
$1,564
1%
$10,999
—
2021
$1,547
156%
$10,999
89%
2020
$604
-9%
$5,815
-14%
2019
$667
2%
$6,749
—
2018
$655
-44%
$6,749
-24%
2017
$1,173
-7%
$8,825
—
2016
$1,267
12%
$8,825
—
2015
$1,136
-36%
$8,825
-27%
2014
$1,771
3%
$12,112
—
2013
$1,725
-31%
$12,112
-26%
2012
$2,501
—
$16,433
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 5408 S Michigan Ave #1S

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5408 S Michigan Avenue #1S, Chicago, IL 60615 (MLS# 12491668) is a Condo property with 3 bedrooms and 2 full bathrooms. 5408 S Michigan Avenue #1S is currently listed for $214,900 and was received on October 08, 2025. Want to learn more about 5408 S Michigan Avenue #1S? Do you have questions about finding other Condo real estate for sale in Washington Park? You can browse all Washington Park real estate or contact a Coldwell Banker agent to request more information.

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