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0 Beds

$724,900

5849 S Michigan Avenue, Chicago IL, 60637

Built in1908
Property typeMulti-family
Listed by James Mattz with Keller Williams Preferred Rlty 708-798-1111

Overview

Active

New

Listed Oct 6, 2026

Updated 3h ago

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.

$4,823/mo

Est. mortgage payment based on a $724,900 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Other Property Details

Taxes
$13,305
Tax Frequency
Annually
Maintenance Expense
$2,365
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Listed by James Mattz with Keller Williams Preferred Rlty 708-798-1111

The data relating to real estate for sale on this website comes in part from the Broker ReciprocitySM Program of Midwest Real Estate Data. Real estate listings held by brokerage firms other than Naja Morris are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.

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Data is refreshed every 3 hours. Listing last updated 5:52 PM UTC on 10/6/2026. 

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