5530 Michigan Ave - Multi-Family FOR SALE


Chicago, IL 60637- Washington Park
$1,050,000 USD
312-286-0427
5530 Michigan Ave, Chicago, IL for Sale
$1,050,000 USD
Multi-Family - FOR SALE
1/28
null | Request Cap Rate

5530 Michigan Ave
Chicago, IL 60637
Washington Park


OVERVIEW

BRAND NEW CONSTRUCTION 3 Unit. Each luxury simplex is an oversized 3 bedroom, 2 bathroom Condo Quality Unit; each features a beautiful 1,500 sq ft open floorplan, each kitchen with high-end stainless appliances, quartz counters, and in-unit laundry. Extra insulation for noise reduction between floors and from the outside. Unbeatable location walking distance to the 55th/Garfield CTA Green Line station and two blocks from Washington Park. The projected rent roll is $8,400. Property Management can be arranged.

FOR SALE DETAILS

PRICE

$1,050,000 USD

PRICE/SF

$233 USD /SF

# OF UNITS

30

PRICE/UNIT

$35,000

CAP RATE

Request Cap Rate

% LEASED

0%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

New Construction in Washington Park

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2025

PARKING SPACES

3

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Lawrence DunningMain Street Real Estate GroupMore Info
312-286-0427

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Lawrence DunningMain Street Real Estate GroupMore Info
312-286-0427

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.