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Image 1 - 3707 South Michigan Avenue, Chicago, IL 60653, USA - House for sale
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Image 4 - 3707 South Michigan Avenue, Chicago, IL 60653, USA - House for sale
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Home For Sale In Chicago, Illinois
3707 South Michigan Avenue, Chicago, IL 60653, USA

Home For Sale In Chicago, Illinois

house for sale
Listed: 04/23/24

3707 South Michigan Avenue, Chicago, IL 60653, USA

6 Bed:
3 Bath:
Save
Price
$ 399,900

About This House

DON' T miss an opportunity to purchase a legal 2-unit building with an additional garden unit in a red hot area. each updated unit in this building is rental ready and features 3 bedrooms and 1 full bath. lots of recent exterior / interior improvements. the garden unit can be used to rent out for additional income or used for in-law living as well. separate utilities including 2 central ac units each for 1st and 2nd floor units. investment return on illinois institute of technology student apartments is extremely high ! IT' S also a lucrative business opportunity for airbnb. property is close to the red line and green line, guaranteed rate field - chicago white sox, soldier field - chicago bears, mccormick place, shedd aquarium, adler planetarium, chinatown, and all major beaches. low real estate taxes .

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Bronzeville 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.