5628 S Michigan Avenue, Chicago IL 60637
Property Description
**CASH COW!** Welcome to this spacious 2-unit property located in the historic Washington Park neighborhood. Each unit features an impressive **5-bedroom layout**, offering generous living space and excellent potential for an owner-occupant or investor. Enjoy hardwood floors throughout, spacious floor plans, and **separate utilities for each unit**. With a total of 10 bedrooms, this property offers flexibility and strong income-producing potential. Conveniently located near neighborhood amenities, transportation, parks, and more. **An excellent opportunity for investors or first time home buyers -schedule your showing today!
Features & Information
Key Details
- List Price $595,000
- Property Taxes $3,652
- Year Built 1898
- Status New
- List Market Time 2
Units
-
Unit 1
- Floor 1
- Rooms 8
- Beds 5
- Baths 1
- Appliances Stove, Refrigerator, Washer, Dryer
- Rent $0/mo
- Tenant Pays Electric,Gas
- Lease Expires VAC
-
Unit 2
- Floor 2
- Rooms 9
- Beds 5
- Baths 1
- Appliances Stove, Refrigerator, Washer, Dryer
- Rent $2,499/mo
- Tenant Pays Electric,Gas
- Lease Expires MTM
-
Unit 3
- Floor G
- Rooms 4
- Beds 5
- Baths 1
- Appliances Stove, Refrigerator, Washer, Dryer
- Rent $2,400/mo
- Tenant Pays Electric,Gas
- Lease Expires NONE
Exterior Features
-
Parking
- # of Cars: 2
Building Information
- Number of Units 3
- Age of Building 100+ Years
Location
- County Cook
- Township Hyde Park
- Corporate Limits Chicago
- Directions to Property Take 55th E Or W To Michigan S To Address
-
Schools
- Elementary School District 299
- Junior High District 299
- High School District: 299
-
Property Taxes
- Tax 3652
- Tax Year 2023
- Tax Exemptions None
- Parcel Identification Number 20151080310000
Listed by Amanda Stapleton for Blue Door Dave Inc | Source: MRED as distributed by MLS GRID
Based on information submitted to the MLS GRID as of 10/5/2026 12:32 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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