5833 South Michigan Avenue

5833 South Michigan Avenue, Chicago, IL 60637

  • For Sale $1,200,000
  • Property Type Multi-Family
  • Property Size 9,375 SF
  • Units 8
  • Additional Rent Contact for pricing
  • Date Updated Nov 13, 2024
The subject property is on a quiet residential street near the intersection of South Michigan Avenue and East 59th Street Washington Park. This neighborhood is a sister community to the ever popular Hyde Park. Lake Michigan, long stretches off beaches, golf courses, nightlife, and the University of Chicago are all highlights of this young community. Public transportation is made easily accessible with multiple routes such as the Metra, the CTA "Green Line", "Red Line", Lakeshore Drive, and the Dan Ryan Expressway.33 Realty has been engaged to market for sale 5831-33 S Michigan Avenue, an eight (8) unit multifamily asset located in the Washington Park neighborhood of Chicago, IL. The condo style units are extremely spacious and the unit mix consists of thee (3) 2 bed / 2 bath and five (5) 3 bed / 2 bath apartments. Each unit includes gas forced air heat, individual water heaters, washer/ dryer in-unit, and 100 AMPS of electricity. Behind the building is a surface parking lot scured by an electronic gate which accomodates parking for 10 vehicles. The parking lot is not currently monetized. This is an excellent opportunity as the units are in excellent condition, unit mix is ideal, and the neighborhood is highly sought after.

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Highlights

  • Desirable location tucked away on the west side of Washington Park
  • New Obama Center is being built just 10 minute car ride away
  • Easy Access to I-94 a mile to the east
  • In-Unit W/D
  • Gut renovated within the past 10 years
  • Ability to raise rents an additional $150-$250 on each unit without significant renovations

Contacts

broker

Liam Moore

33 Realty

Location

Getting Around

  • Walk Score ®

    69/100 Somewhat Walkable
  • Transit Score ®

    68/100 Good Transit
  • Bike Score ®

    58/100 Bikeable
Powered by Walk Score ®
  • City Chicago, IL
  • Neighborhood Washington Park
  • Zip Code 60637
  • Market Chicago

Points of Interest

  • Garfield

    0.49 miles

  • Halsted

    1.35 miles

  • 63rd Street

    1.71 miles

  • 55th-56th-57th Street

    1.77 miles

  • 51st-53rd Street (Hyde Park)

    1.99 miles

  • Stony Island

    2.32 miles

  • 35th-Bronzeville-IIT

    3.03 miles

  • 35th-Bronzewille-IIT (34th Street Entrance)

    3.10 miles

  • South Shore

    3.30 miles

  • Western

    3.43 miles

  • The Roux

    0.44 miles

  • Super Save

    0.46 miles

  • Amstar

    0.54 miles

  • Citgo

    0.66 miles

  • Shell

    0.70 miles

  • BP

    0.71 miles

  • Mobil

    0.81 miles

  • ChargePoint

    0.85 miles

  • GoLo

    0.93 miles

  • eVgo

    5.42 miles

  • Garfield Park & Ride

    0.53 miles

  • Parking/Materials Management

    0.83 miles

  • Medical Campus Parking Garage A

    0.84 miles

  • Medical Campus Parking Garage B

    0.87 miles

  • Campus South Parking

    0.90 miles

  • Campus North Parking Garage

    1.16 miles

  • Lexington Parking Lot

    1.24 miles

  • Kimbark South Parking Garage

    1.42 miles

  • Chapin Hall Parking Lot

    1.51 miles

  • Dorchester Parking Lot

    1.61 miles

  • Best Motel

    0.95 miles

  • The Study at the University of Chicago

    1.38 miles

  • Sophy Hotel

    1.73 miles

  • Hyatt Place Chicago-South/University Medical Center

    1.89 miles

  • Chicago Lake Shore Hotel

    2.21 miles

  • Empire Motel

    2.39 miles

  • Amber Inn Motel

    2.42 miles

  • East of the Ryan

    2.74 miles

  • South Shore Motel

    3.40 miles

  • The Polo Inn

    3.48 miles

  • Church's Chicken

    0.23 miles

  • Harold's Chicken Shack

    0.41 miles

  • Burger King

    0.44 miles

  • McDonald's

    0.47 miles

  • Dunkin'

    0.51 miles

  • 2 Potz & A Pan Eatery

    0.51 miles

  • Checkers

    0.64 miles

  • Pizza Hut Delivery

    0.67 miles

  • Taco Bell

    0.68 miles

  • Wendy's

    0.73 miles

  • Carter School of Excellence

    0.14 miles

  • Sherwood Elementary School

    0.56 miles

  • ACE Technical Charter High School

    0.58 miles

  • Burke Elementary School

    0.65 miles

  • Dulles Elementary School

    0.66 miles

  • John Fiske Elementary School

    0.69 miles

  • Englewood High School

    0.79 miles

  • Edward W. Beasey Academy

    0.79 miles

  • Chicago Baptist Institute

    0.94 miles

  • Johnson College Prep

    0.99 miles

  • UChicago Child Development Center - Drexel

    0.95 miles

  • Child's World Academic Inc.

    1.16 miles

  • Shiloh Nursery

    1.48 miles

  • DJ Brooks Child Development Center

    2.28 miles

  • Englewood Messiah Lutheran Headstart

    2.68 miles

  • Childrens Hour Pre-School Center

    2.77 miles

  • Ada S. McKinley, Ersula Howard Child Care Center

    3.39 miles

  • Kenyatta's Day Care and Learning Center

    3.45 miles

  • Teddy Bear Pre-School

    3.69 miles

  • Merry Go Round Nursery School

    3.91 miles

Frequently Asked Questions

How much does 5833 South Michigan Avenue cost?

The space currently listed for sale at 5833 South Michigan Avenue asks for $1,200,000.

What is the total square footage of 5833 South Michigan Avenue?

5833 South Michigan Avenue totals 9,375 square feet.

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Contact Listing Broker

broker

Liam Moore

33 Realty