Chicago, IL 60637 5819 S Michigan Avenue
$875,000



11 more












Presented By: North Clybourn Group, Inc.
Home Details
Introducing **5819 S Michigan**, a stunning new construction set in the highly sought-after Washington Park neighborhood at the crossroads of Woodlawn and just steps from the 372-acre park. This exceptional three-flat investment building operating at a 7.5 Cap Rate features spacious layouts on an oversized 25x160 lot, complete with 3-car garage parking. Each of the three units offers **3 bedrooms and 2 baths**, boasting crisp, modern design and luxurious finishes throughout. Features Include; *Gourmet Kitchens with Fully appointed cabinetry, stainless steel appliances, quartz islands, custom backsplashes, and eat-in dining nooks.*Primary Suites*with Spacious, sequestered retreats with walk-in closets and spa-like bathrooms featuring oversized showers with frameless glass, custom mirrors, and designer plumbing fixtures. *Interior Finishes* with Engineered hardwood floors throughout, window treatments, and custom closet organizers throughout. *High-Performance Systems* with Tankless hot water heaters, high-efficiency HVAC systems, and in-unit washer/dryers. This property offers **turn-key living** for owner-occupants, investors, or 1031 exchanges. Immediate delivery available. Conveniently located and thoughtfully designed, 5819 S Michigan is an **AAA trophy property** ready to impress. Fully stabilized building- nothing is vacant - Show and sell today!
Presented By: North Clybourn Group, Inc.
Interior Features for 5819 S Michigan Avenue
Bedrooms
Bedrooms Possible9
Total Bedrooms9
Bathrooms
BathroomSeparate Shower
Full Baths Building6
Half Baths Building
Total Baths6
Other Interior Features
BasementNone
Total Number of Units3
General for 5819 S Michigan Avenue
Architectural StyleOther
CityChicago
Community FeaturesCurbs, Gated, Street Paved
Construction MaterialsBrick, Block, Stone
CountyCook
DirectionsGarfield Blvd to Michigan Ave, South on Michigan Ave to property
Electric Expense360
Elementary SchoolCarter Elementary School
Elementary School District299
Energy EfficientWater Heater
Garage Spaces3
Gross Income79800
HeatingNatural Gas, Forced Air
High SchoolPhillips Academy High School
High School District299
Insurance Expense2500
MLS AreaCHI - Washington Park
Middle/Junior School District299
Net Operating Income65570
New ConstructionYes
OwnershipFee Simple
PossessionClosing
Property TypeResidential Income
Property TypeTwo to Four Units
RoofRubber
SewerPublic Sewer
Standard StatusActive
StatusActive
Tax Year2023
Total Rooms21
TownshipHyde Park
Water Sewer Expense1250
Waterfront Y/NNo
Year Built2024
ZoningMULTI
Exterior for 5819 S Michigan Avenue
Foundation DetailsConcrete Perimeter
Lot Dimensions25 X 160
Lot FeaturesCommon Grounds
Other EquipmentIntercom, CO Detectors
Parking FeaturesGarage Door Opener, On Site, Garage Owned, Detached, Garage
Total Parking3
Water SourceLake Michigan
Additional Details
Price History
Schools
Middle School
N/A
High School
Phillips Academy High School
Elementary School
Carter Elementary School
