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$1,000,000
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Property Description
BRAND NEW CONSTRUCTION 3 Unit. Each luxury simplex is an oversized 3 bedroom, 2 bathroom Condo Quality Unit; each features a beautiful 1,500 sq ft open floorplan, each kitchen with high-end stainless appliances, quartz counters, and in-unit laundry. Extra insulation for noise reduction between floors and from the outside. Unbeatable location walking distance to the 55th/Garfield CTA Green Line station and two blocks from Washington Park. Projected rent roll is $8,400. Developed by Woodlawn's premier New Construction builder, this home is ready for immediate occupancy and comes with a one-year builder warranty. This is an opportunity to own a trophy investment property in a rapidly appreciating neighborhood. Schedule a private showing today to experience the exceptional craftsmanship and modern design firsthand.
Full Property Details
Full Property Details for 5530 S Michigan Ave
General
- Sold For: $1,000,000
- Taxes: $2,907 (2022)
- Status: Closed
- Type: Multi-Family
- Source: MRED
- MLS ID: 12380623
- Added to Site: 230 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 6
Bedrooms
- Total Bedrooms: 9
Parking
- Total Spaces: 3
- Parking Features: On Site
- Parking On-Site: Yes
Location
- Area: CHI - Washington Park
- County: Cook
- Driving Directions: TAKE 55TH E OR W TO MICHIGAN S TO ADDRESS
School Information
- School District: 299
- Midd School District: 299
Heating & Cooling
- Heating Type: Natural Gas
Utilities
- Water: Public
Structural Information
- Construction: Frame
- Exterior Const.: Frame
- Basement Desc.: None
- Year Built: 2025
Unit Information
- Units in Building: 3
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 25 x 161
Financial Considerations
- Parking Included: Yes
- Assessment Year: 2025
- Tax Amount: $2,907
- Tax Year: 2022
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 20151010140000
Listed by Main Street Real Estate Group
Sold by @properties Christie's International Real Estate
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Schools
Schools serving 5530 S Michigan Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Carter Elementary School, Chicago, IL 5740 South Michigan Avenue, Chicago, IL 60637 | PK-8 | 0.2 mi |
Phillips Academy High School 244 East Pershing Road, Chicago, IL 60653 | 12-11 | 2.2 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 5530 S Michigan Ave
Date
Details
Price
Change
Source
10/29/2025
Sold
$1,000,000
-4.67%
MLS
5/31/2025
Listed
$1,049,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
5530 S Michigan Avenue, Chicago, IL 60637 (MLS# 12380623) is a Multi-Family property that was sold at $1,000,000 on October 29, 2025. Want to learn more about 5530 S Michigan Avenue? Do you have questions about finding other Multi-Family 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.

