5169 South Michigan, Chicago IL 60615
- Units 3
- Total Beds 9
- Total Baths 3
- Taxes $4,802
- Payment Estimate View Mortgage Calculator
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Property Description
Motivated Seller providing $10,000 in closing credits towards the buyer's closing cost with a list price offer! Seller needs to sale due to a reverse 1031 exchange. 5169 S Michigan Ave is a well-maintained 3-unit rehabbed building in vibrant Washington Park. Each of the three spacious units have been updated with modern kitchens featuring quartz countertops and stainless steel appliances, plus larger back decks perfect for everyday use or entertaining. Individualized Central AC and heat was added in 2024, bringing extra comfort for tenants. This unit is close to Washington Park, University of Chicago/ Hospital, upcoming data Center, Schools, Shopping, and walking distance from the XS Tennis facility. You will be close to public transportation; CTA bus, CTA Green Line stop on 51st, Metra lines, 90/94expressway, and Lake Shore Drive. Only 9 minutes to Hyde Park and a 15 minute drive to downtown Chicago. With public transit steps away, parks nearby, and downtown just a short ride, this property combines convenience, strong rental appeal, and long-term value.
Features & Information
Key Details
- List Price $720,000
- Property Taxes $4,802
- Price/ Sq. Ft. Unavailable
- Year Built 1898
- Parking Type Garage
- Status New
Rooms
- Total Rooms 16
- Basement F
Exterior Features
-
Parking
- Parking Details Garage
- # of Cars: 2
- # of Garage Spaces: Garage Door Opener(s)
Building Information
- Number of Units 3
- Age of Building 100+ Years
- Exterior Construction Brick
- Foundation Stone
- Heating & Cooling Gas, Forced Air, Indv Controls
-
Units
- Unit 1 Stove, Refrigerator, Microwave, Central Air Conditioner
- Unit 2 Stove, Refrigerator, Microwave, Central Air Conditioner, Hardwood Floors
- Unit 3 Stove, Refrigerator, Microwave, Central Air Conditioner, Hardwood Floors
Location
- County Cook
- Township Hyde Park
- Corporate Limits Chicago
- Directions to Property 51st Street To Michigan Avenue Then South To Address
-
Schools
- Elementary School District 299
- Junior High District 299
- High School District: 299
-
Property Taxes
- Tax 4802
- Tax Year 2023
- Tax Exemptions Homeowner
- Parcel Identification Number 20103020140000
Utilities
- Sewer Sewer-Publ
Listed by: Compass | Phone: 312.319.1168
Source: MRED as distributed by MLS GRID
Based on information submitted to the MLS GRID as of 9/16/2025 5:32 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Explore Washington Park
For now Chicago's Washington Park neighborhood may be a predominantly residential south side community with a sprawling public park and rich culture of African-American heritage, however, as the potential site of the Olympic Stadium for the 2016 Summer Games, this modest neighborhood could really make its mark in the near future. Remnants of the last century's architectural movement are found throughout the area, with a wave of new designs and gut rehabs dusting the streets as well. As Olympic talk heightens, developers and city officials are anticipating the impact such a huge event would have on Washington Park. Temporary athlete lodgings and the massive 80,000-seat arena would only be around for a short period, but the hope is that a surge of new businesses would ride in on the coattails of this once-in-a-lifetime opportunity to bolster the Washington Park neighborhood for decades to come. The current commercial base is slight, with a few soul food mainstays and Chinese takeout, but the annual cultural festivals and fun Park District programs keep things on the up as Washington Park awaits an impending transformation of Olympic proportions.
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