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Image 1 - 5729 South Michigan Avenue, Chicago, IL 60621, USA - House for sale
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Home For Sale In Chicago, Illinois
5729 South Michigan Avenue, Chicago, IL 60621, USA

Home For Sale In Chicago, Illinois

house for sale
Listed: 04/03/24

5729 South Michigan Avenue, Chicago, IL 60621, USA

8 Bed:
3.5 Bath:
3,800 Sq Ft Living Area:
Save
Price
$ 430,000

About This House

Maintained large exterior brick 3 flat in Washington Park Area -on a uniform block with original interior with lots of potential waiting for the right investor looking for value and appreciation. Extremely large building kept in decent and livable condition from the 1st to the 3rd floor. The basement is unfinished with high ceiling and can be built into another unit with new plan. Each unit has large living rooms, dining rooms, large bedrooms with original hardwood floors throughout. 2nd and 3rd floors have seen some renovations while leaving much of the original architectural features, dark wood crown molding in their pristine state. There is lots of room to increase rents. Located a few blocks from Garfield Blvd and green line, University of Chicago Arts Incubator, Washington Park field, etc. Motivated seller!

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Washington Park Housing & Living

Household Income

Median household income: $57,238
Number of households: 1,1M
The average household income in Chicago, IL grew from $55,295 to $57,238 in the past year. This data is an estimate based upon 1,1M households in Chicago, IL.
The chart below presents how household income is distributed in Chicago, IL in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Chicago, IL compared to median property taxes around the country. The prevalent amount of property taxes in Chicago, IL equals $3k+ , which is more than the national average.