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$1,125,000
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Full Property Details
Full Property Details for 5720 S Michigan Ave
General
- Price: $1,125,000
- HOA FEE: $1,000
- Taxes: $16,333 (2024)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12589496
- Updated: 4/28/2026
- Added to Site: 52 day(s) ago
Location
- Area: CHI - Washington Park
- County: Cook
- Driving Directions: Property is located on 57th and S. Michigan Ave
Heating & Cooling
- Heating Type: Central Heat/Individual Controls
Utilities
- Trash: 1300
Structural Information
- Stories/Levels: 3
- Year Built: 1906
- Built Before 1978: Yes
Lot Features
- Lot Dimensions: 25 x 125
Financial Considerations
- Maint. Fee: $1,000
- Insurance Fee: $3,000
- Operating Expenses: $36,974
- Assessment Year: 1906
- Tax Amount: $16,333
- Tax Year: 2024
- Pays Electric: 1000
- Pays Trash: 1300
Disclosures and Reports
- Property ID: 20151140200000
Listed by Juniper Real Estate LLC
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Schools
Schools serving 5720 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 | 0.1 mi |
Phillips Academy High School 244 East Pershing Road, Chicago, IL 60653 | 12-11 | 2.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5720 S Michigan Ave
Date
Details
Price
Change
Source
3/11/2026
Listed
$1,125,000
389.13%
MLS
11/20/2007
Sold
$230,000
—
Public Record
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
Tax History for 5720 S Michigan Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
100%
100%
2022
100%
100%
2021
100%
100%
2020
100%
100%
2019
—
—
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
Estimate the Cost for 5720 S Michigan Ave
5720 S Michigan Avenue, Chicago, IL 60637 (MLS# 12589496) is a Commercial property. 5720 S Michigan Avenue is currently listed for $1,125,000 and was received on March 11, 2026. Want to learn more about 5720 S Michigan Avenue? Do you have questions about finding other Commercial 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.

