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    1 home
      1 result available
      5849 S Michigan Avenue, Chicago, IL 60637
      NEW 3 days ago
      5849 S Michigan Avenue, Chicago, IL 60637
      $925,000
      7,728sqft
      0.18acres
      Commercial Multi-housing for Sale

      5849 S Michigan Avenue, Chicago, IL 60637

      Listing by: Keller Williams Preferred Rlty
      1 - 1 of 1 results
      © 2025 Mainstreet REALTORS® All Rights Reserved.
      Display of MLS Data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals.
      Equal opportunity
      Membio
      Chicagoland Homes
      5849 S Michigan Avenue, Chicago, IL 60637
      5849 S Michigan Avenue, Chicago, IL 60637
      NEW 3 days ago
      $925,000
      7,728sqft
      0.18acres

      5849 S Michigan Avenue, Chicago, IL 60637

      Commercial Multi-housing for Sale by James MattzKeller Williams Preferred Rlty.

      Data checked -. Listing last updated 47 hours ago.
      1. Overview
      2. Details
      3. More 

      Prime opportunity for investors looking for both immediate cash flow and long-term upside. This well-maintained 8-unit building includes six spacious 3 bed / 1 bath units with hardwood floors, decorative fireplaces, large windows, and private decks, offering plenty of character and natural light throughout. Two garden units round out the mix: one 2 bed / 1 bath, and one 1 bed + office / 1 bath, perfect for added rental flexibility. Tenants enjoy convenient on-site laundry and extra storage in the basement, plus plenty of parking in back. Recent updates include new water heaters (both replaced within the last 2 years) and a modernized boiler system with wireless thermostats. The building is already producing strong cash flow, with room to add value over time. Located just a short walk to the Green Line and Washington Park, and with quick access to 90/94, this property offers a convenient location. Whether you're expanding your portfolio or jumping into multifamily for the first time, this building is a smart, solid play. *Professional photos coming soon*

      Internet Serviceability
      Details
        Property type
      Commercial Sale
        Year built
      1910
        Heating
      -
        Cooling
      None
        Garage
      No
        Parking spots
      -
      MRD12390870
      MLS ID
      Active
      Status
      06-11-2025
      On market date
        Pets allowed
      Lot features
      Monthly taxes
      $617
      Yearly taxes
      $7,408.97
      Schools
      -
      Maintenance
      -
      Additional Fees
      -
      Open Houses
      In-Person
      No upcoming in-person open houses
      Virtual
      No upcoming virtual open houses
      Contact Agent
      James Mattz
      James Mattz
      Direct 
       
      Location
      Northeast corner of S Michigan Ave & E 59th St.
      For Sale Nearby
      No nearby homes are For Sale Nearby.
      Recently Sold
      No nearby homes have been Recently Sold.
      5849 S Michigan Avenue, Chicago, IL 60637, is a 0.18 acres, 7728 sqft. Multi Family built in 1910. This property is currently available for sale and was listed on Mainstreet REALTORS® on 6-11-2025. The MLS# for this Multi Family is MLS# MRD12390870.
      Display of MLS Data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals.
      Copyright ©2025 Mainstreet REALTORS®