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$975,000
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Property Description
Impeccably maintained all-brick 8-unit building in Washington Park, boasting secured parking for 9 vehicles. Comprising seven 3-bedroom, 2-bathroom units and one 2-bedroom, 2-bathroom layout, each unit is generously sized and updated with stainless steel appliances, in-unit washer/dryers, fireplaces, and kitchen-accessible outdoor deck spaces. The property features a strong management history with longstanding tenants. Recent improvements include new Whirlpool washer/dryer units (2021), updated ejector pumps (2022), tuckpointing completed in 2021, and a roof approximately 18-20 years old. Each unit is equipped with ADT security, and the deck's steel structure is scheduled for painting in 2024. Building is ideally located in close proximity to 90/94, Washington Park, UChicago Medicine, the Green line, Green Line Performing Arts Center, and more!
Full Property Details
Full Property Details for 5726-5728 S Michigan Ave
General
- Sold For: $975,000
- Taxes: $14,589 (2023)
- Status: Closed
- Type: Commercial
- Source: MRED
- MLS ID: 12111763
- Added to Site: 588 day(s) ago
Interior
- Fireplace: Yes
Parking
- Parking Features: 6 to 12 Spaces
Location
- Area: CHI - Washington Park
- County: Cook
- Driving Directions: Take W Garfield Blvd to S Michigan Ave, Take a right on Michigan
- Location Details: Public Transport Avail, In City Limits
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Forced Air
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Foundation: Concrete Perimeter
- Roof: Rubber
- Stories/Levels: 3
- Current Bldg. Use: Multi-Family
- Year Built: 1906
- Built Before 1978: Yes
Unit Information
- Units w/Refrigerators: 8
- Units w/Range/Oven: 8
- # Dryers: 8
Lot Features
- Lot Dimensions: 48.8 x 159.7
- Frontage: City Street
Financial Considerations
- Operating Expenses: $34,509
- Assessment Year: 1906
- Tax Amount: $14,589
- Tax Year: 2023
Disclosures and Reports
- Property ID: 20151140180000
Listed by Berkshire Hathaway HomeServices Chicago
Sold by Kale Realty
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Price & Sales History for 5726-5728 S Michigan Ave
Date
Details
Price
Change
Source
8/23/2024
Sold
$975,000
-15.22%
MLS
7/15/2024
Listed
$1,150,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
5726-5728 S Michigan Avenue, Chicago, IL 60637 (MLS# 12111763) is a Commercial property that was sold at $975,000 on August 23, 2024. Want to learn more about 5726-5728 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.

