New Listing
5167 S Michigan Avenue,Chicago, IL 60615
Chicago, IL 60615
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.
Details
| MLS # | 12760624 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | New Construction |
| Status | Active |
| Year | 2026 |
| Days On Site | 6 |
| Listing Provided By | Fulton Grace Realty | Lawrence Dunning |
Features
| Bed(s) | 9 |
|---|---|
| Bath(s) | 6 |
| Zoning | MULTI |
Interior
| Rooms Total | 21 |
|---|---|
| Heating | Natural Gas |
| Window Features | Screens |
Exterior
| Roof | Asphalt |
|---|---|
| Foundation Details | Concrete Perimeter |
| Lot Features | Landscaped |
| Construction Materials | Fiber Cement |
| Fencing | Fenced |
Parking
| Parking Features | Yes, Owned |
|---|
Utilities
| Sewer | Public Sewer |
|---|
Location
| Community Features | Sidewalks |
|---|
Taxes
| Tax Year | 2024 |
|---|---|
| Tax Annual Amount | 1410.74 |
Area Information
| State | IL |
|---|---|
| County | Cook |
| City | Chicago |
| Zip Code | 60615 |
| Area | CHI Washington Park |
| Listing VS Median (in 60615) | |
Price: $959,900 low | high Med: $199,990 On site: 6 low | high Med: 61 | |
Market Activity 60615
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Learn More About This Property
| State | IL |
|---|---|
| County | Cook |
| City | Chicago |
| Zip Code | 60615 |
| Area | CHI Washington Park |
| Listing VS Median (in 60615) | |
Price: $959,900 low | high Med: $199,990 On site: 6 low | high Med: 61 | |
