Map of Property

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
  • Date Updated Apr 30, 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

(847) 999-8818

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

  • King Drive

    0.63 miles

  • Garfield

    0.66 miles

  • 63rd

    0.71 miles

  • 51st

    0.95 miles

  • Cottage Grove

    0.97 miles

  • Halsted

    1.35 miles

  • 69th

    1.36 miles

  • 47th

    1.46 miles

  • 47th

    1.60 miles

  • Super Save

    0.46 miles

  • Amstar

    0.54 miles

  • Mobil

    0.66 miles

  • Shell

    0.70 miles

  • BP

    0.71 miles

  • Citgo

    0.75 miles

  • Mobil

    0.81 miles

  • ChargePoint

    0.85 miles

  • GoLo

    0.93 miles

  • Mobil

    1.06 miles

  • Garfield Park & Ride

    0.53 miles

  • Parkiing / Mat Mgmt

    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

  • Dorchester Parking Lot

    1.61 miles

  • Ashland/63rd Park & Ride

    2.28 miles

  • Lot L

    2.60 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

    2.20 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

  • Chicago South Loop Hotel

    3.95 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

  • Dunkin'

    0.70 miles

  • Carter School of Excellence

    0.13 miles

  • Former Ross Elementary School

    0.26 miles

  • Sherwood Elementary School

    0.57 miles

  • ACE Technical Charter High School

    0.58 miles

  • Burke Elementary School

    0.65 miles

  • Dulles Elementary School

    0.66 miles

  • Austin O. Sexton Elementary School

    0.69 miles

  • Beasey Academy

    0.79 miles

  • Englewood High School

    0.79 miles

  • Chicago Baptist Institute

    0.94 miles

  • UChicago Child Development Center - Drexel

    0.95 miles

  • DJ Brooks Child Development Center

    2.28 miles

  • Ada S. McKinley, Ersula Howard Child Care Center

    3.39 miles

  • Kenyatta's Day Care and Learning Center

    3.45 miles

  • Brighton Park Early Learning Center

    4.51 miles

  • The Goddard School

    4.64 miles

  • Daycare

    5.35 miles

  • Shining Star Child Development

    5.53 miles

  • Taylor Tots

    5.97 miles

  • New Zion Childcare Academy

    5.99 miles

Frequently Asked Questions

What is the lease rate for 5833 South Michigan Avenue?

Rental asking rate at 5833 South Michigan Avenue is $600,000.00/YR.

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

(847) 999-8818