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$ 959,900
Est. payment /mo
New
5167 S Michigan AVE Chicago, IL 60615
9 Beds
6 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12760624
Bedrooms 9
Year Built 2026
Annual Tax Amount $1,410
Tax Year 2024
Lot Dimensions 25X165
Property Sub-Type Two to Four Units
Property Description
Gorgeous NEW Construction Oversized 3-unit in prime Washington Park Location, Set alongside another New Development by the same developer and with rent and sales comps already established. Modern design with the perfect blend of city living and convenience. Each unit has a spacious, open-concept layout and condo-quality features, such as 42" cabinets, stainless steel appliances, recessed lighting, in-unit laundry. Each unit is a large 1,500 sq ft, 3 bed/ 2 bath, with a luxury master bathroom at the rear and extra built-out storage closets. The units will rent easily and proforma rents are $8,400/month. The top unit features a vaulted ceiling and decorative railings for an added touch of luxury. Unit has cameras built in for security, plus the ButterflyRX system for entry, which is a cloud-based video intercom system that allows residents to manage building access, grant entry to visitors, and receive deliveries directly from their smartphones. This property offers unbeatable convenience, 2 minute walk to CTA line and easy access to Washington Park. Prime investment opportunity, positioned for cash flow, appreciation, and creating generational wealth in one of Chicago's most exciting neighborhoods. Can arrange property management for any out-of-state buyers.
Location
State IL
County Cook
Area Chi - Washington Park
Zoning MULTI
Rooms
Basement None
Interior
Heating Natural Gas
Equipment Water Heater-Electric
Fireplace N
Exterior
Community Features Sidewalks
Roof Type Asphalt
Building
Lot Description Landscaped
Dwelling Type Two to Four Units
Building Description Fiber Cement, No
Sewer Public Sewer
Water Lake Michigan
Structure Type Fiber Cement
New Construction true
Schools
School District 299 , 299, 299
Others
Ownership Fee Simple
Special Listing Condition None
© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Lawrence Dunning of Fulton Grace Realty