$400,000

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5221 S. Michigan Avenue Chicago, IL, United States 60615

5221 S Michigan Ave is a 6,030 sq. ft. multi-family home sitting on a 5,370 sq. ft. lot, offering tremendous potential for investors or developers. Built in 1905, this all-brick property features 12 bedrooms and 6 bathrooms across multiple units. While the building requires a full gut renovation, the existing layouts provide great versatility, including the potential to duplex the first floor down into the walkout basement. Located in a neighborhood with growing development, this property is ideal for anyone looking to restore a historic structure with the possibility of creating modern, high-demand rental units or condos. Bring your vision and transform this property into a lucrative investment!

Amenities

  • Bedrooms: 12
  • Full Bathrooms: 6
  • Partial Bathrooms: 0
  • Property Type: Residential Multi Family
  • Architectural Style: Other
  • Year Built: 1903
  • Built in 1903
  • Home size: 0 ft2 / 0.00 m2
  • MLS: 12189649
  • Status: Active Under Contract
Copyright © 2024 Baird & Warner Real Estate. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Property brokered by

Baird & Warner

(312) 857-9554

Presented by Paulette Hollingsworth

  • (312) 640-7010
  • (312) 640-7010 (Office Phone)

Contact Paulette Hollingsworth

Contact Agent

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