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Listing provided courtesy of Juniper Real Estate LLCMREDas Distributed by MLSGrid- MLS# 12589496MLS Provider

5720 S Michigan AvenueChicago, IL 60637

Commercial · 17 Beds
$1,040,000 Active

5720 S Michigan Avenue Overview

Time on Site:
62 days
Visits:
0
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5720 S Michigan Avenue Facts & Features

  • Type Commercial

Details

General

Income/Expenses

  • Other Expense: 0
  • Electric Expense: 1000
  • Fuel Expense: 719
  • Gross Income: 133092
  • Insurance Expense: 3000
  • Maintenance Expense: 1000
  • Net Operating Income: 90964
  • Operating Expense: 36974
  • Trash Expense: 1300
  • Water Sewer Expense: 3000

Building Information

  • Year Built: 1906

Location/Region

  • County Or Parish: Cook
  • MLS Area Major: CHI - Washington Park

Tax Information

  • Tax Annual Amount: $16,333.00
  • Tax Year: 2024

General Information

  • Parcel Number: 20151140200000
  • Property Type: Commercial Sale

Interior

General Information

  • Stories: 3

Exterior

Lot Information

  • Additional Parcels: No
  • Lot Size Dimensions: 25x125

General Information

  • Number Of Units Total: 6

Unit Information

Unit 1 Details

  • Unit Type: Unit 1
  • Beds Total: 3
  • Baths Total: 1
  • Units Total: 1

Unit 2 Details

  • Unit Type: Unit 2
  • Beds Total: 3
  • Baths Total: 1
  • Units Total: 1

Unit 3 Details

  • Unit Type: Unit 3
  • Beds Total: 3
  • Baths Total: 1
  • Units Total: 1

Unit 4 Details

  • Unit Type: Unit 4
  • Beds Total: 2
  • Baths Total: 1
  • Units Total: 1

Unit 5 Details

  • Unit Type: Unit 5
  • Beds Total: 3
  • Baths Total: 1
  • Units Total: 1

Unit 6 Details

  • Unit Type: Unit 6
  • Beds Total: 3
  • Baths Total: 1
  • Units Total: 1

Unit 7 Details

  • Unit Type: Unit 7
  • Beds Total: 0
  • Units Total: 0

5720 S Michigan Avenue Neighborhood

Community

60637 (Chicago) Demographics

31
Median Age
8,890
Population Density (per sq. mile)
41%
College Educated
$30,149
Estimated Median Income
4,970
Estimated Total Home Owners
15,152
Estimated Total Renters
25% / 75%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

5720 S Michigan Avenue Monthly Cost

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Jeremy Woods
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

5720 S Michigan Avenue Market Data

Based on the last 30 days in this zip code

$393,653
Average List Price
$235
Average Price per Square Foot
24
Properties Sold
105
Average Days on Market
115
Properties for Sale
Calculations provided by Reliance Network

5720 S Michigan Avenue History

Date Event Value Agent
6/2/2026Source: MRED Status Change
Active
5/28/2026Source: MRED Price Reduction
$1,040,000 -7.6%
5/28/2026Source: MRED Status Change
Re-activated
4/28/2026Source: MRED Added to Database
April 28, 2026
6/20/2022Source: MRED Added to Database
January 27, 2022