Contacts

Liam Moore

33 Realty

Property Details

Property Type Multi-Family
Property Size 9,375 SF
Units 8
Additional Rent Contact for pricing
Date Updated Nov 13, 2024

The subject property is on a quiet residential street near the intersection of South Michigan Avenue and East 59th Street Washington Park. This neighborhood is a sister community to the ever popular Hyde Park. Lake Michigan, long stretches off beaches, golf courses, nightlife, and the University of Chicago are all highlights of this young community. Public transportation is made easily accessible with multiple routes such as the Metra, the CTA "Green Line", "Red Line", Lakeshore Drive, and the Dan Ryan Expressway.33 Realty has been engaged to market for sale 5831-33 S Michigan Avenue, an eight (8) unit multifamily asset located in the Washington Park neighborhood of Chicago, IL. The condo style units are extremely spacious and the unit mix consists of thee (3) 2 bed / 2 bath and five (5) 3 bed / 2 bath apartments. Each unit includes gas forced air heat, individual water heaters, washer/ dryer in-unit, and 100 AMPS of electricity. Behind the building is a surface parking lot scured by an electronic gate which accomodates parking for 10 vehicles. The parking lot is not currently monetized. This is an excellent opportunity as the units are in excellent condition, unit mix is ideal, and the neighborhood is highly sought after.

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Highlights

Desirable location tucked away on the west side of Washington Park
New Obama Center is being built just 10 minute car ride away
Easy Access to I-94 a mile to the east
In-Unit W/D
Gut renovated within the past 10 years
Ability to raise rents an additional $150-$250 on each unit without significant renovations

Getting around

69/100
Walk Score ®
68/100
Transit Score ®
58/100
Bike Score ®

Powered by Walk Score ®

Location

City Chicago, IL
Neighborhood Washington Park
Zip Code 60637
Market Chicago

Points of Interest

Garfield

0.49 miles
Halsted

1.35 miles
63rd Street

1.71 miles
55th-56th-57th Street

1.77 miles
51st-53rd Street (Hyde Park)

1.99 miles
Stony Island

2.32 miles
35th-Bronzeville-IIT

3.03 miles
35th-Bronzewille-IIT (34th Street Entrance)

3.10 miles
South Shore

3.30 miles
Western

3.43 miles

The Roux

0.44 miles
Super Save

0.46 miles
Amstar

0.54 miles
Citgo

0.66 miles
Shell

0.70 miles
BP

0.71 miles
Mobil

0.81 miles
ChargePoint

0.85 miles
GoLo

0.93 miles
eVgo

5.42 miles

Garfield Park & Ride

0.53 miles
Parking/Materials Management

0.83 miles
Medical Campus Parking Garage A

0.84 miles
Medical Campus Parking Garage B

0.87 miles
Campus South Parking

0.90 miles
Campus North Parking Garage

1.16 miles
Lexington Parking Lot

1.24 miles
Kimbark South Parking Garage

1.42 miles
Chapin Hall Parking Lot

1.51 miles
Dorchester Parking Lot

1.61 miles

Best Motel

0.95 miles
The Study at the University of Chicago

1.38 miles
Sophy Hotel

1.73 miles
Hyatt Place Chicago-South/University Medical Center

1.89 miles
Chicago Lake Shore Hotel

2.21 miles
Empire Motel

2.39 miles
Amber Inn Motel

2.42 miles
East of the Ryan

2.74 miles
South Shore Motel

3.40 miles
The Polo Inn

3.48 miles

Woodlawn Fresh Market

0.72 miles
Jewel-Osco

0.79 miles
City Sports

1.02 miles
ALDI

1.12 miles
Valley of Jordan

1.31 miles
Save-A-Lot

1.38 miles
Adom African Market

1.46 miles
Shop-N-Save

1.59 miles
Target

1.66 miles
Trader Joe's

1.80 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Map of Property

5833 South Michigan Avenue