Chicago, IL 60615,5165 S Michigan AVE
Chicago, IL 60615,5165 S Michigan AVE
Chicago, IL 60615,5165 S Michigan AVE
$199,000
Est. payment /mo
Est.Price: ?

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8,276 Sqft Lot
SOLD DATE : 08/14/2025

Key Details

Sold Price $199,000

Property Type Vacant Land

Sub Type Land

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 12322600

Sold Date 08/14/25

Annual Tax Amount $3,012

Tax Year 2023

Lot Size 8,276 Sqft

Lot Dimensions 52X161

Property Sub-Type Land

Property Description

Attention residential developers! Don't miss this exceptional opportunity to acquire a 0.19-acre lot in Chicago's thriving Washington Park neighborhood. Located at 5165 S Michigan Ave, this RM-5 zoned lot offers flexibility for various residential projects in an area experiencing rapid revitalization. With ample space to build an 8-unit residential building or two 4-unit buildings, this site presents a fantastic investment in a neighborhood seeing a surge in new construction. The property's prime location on Michigan Ave places it near key amenities, including Washington Park, Provident Hospital, and major transit routes, making it highly attractive to future residents. Whether you envision a boutique condo development or a rental property, the potential for strong returns is undeniable. With ongoing redevelopment efforts in the area, this lot is perfectly positioned for a profitable project-secure your stake in Washington Park's transformation today!

Location

State IL

County Cook

Area Chi - Washington Park

Zoning MULTI

Interior

Fireplace N

Exterior

Utilities Available Electricity Nearby, Natural Gas Nearby

Schools

School District 299 , 299, 299

Others

Ownership Fee Simple

Special Listing Condition None

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Midwest Real Estate Data (MRED) IDX
Listed by Michael Applegate • Straight-A Realty, LLC
Bought with Michael Applegate • Straight-A Realty, LLC

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agent

John Greene Realtor

+1(630) 820-6500

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