5651 S Michigan
$1,075,000
5651 South Michigan Avenue, Chicago, IL 60637
7.04
Cap Rate
14,700 sqft
Building Size
Details:
Description:
Multifamily Investment Advisors with KW Commercial & Keller Williams ONEChicago is proud to present 5651-5659 S. Michigan Ave. Heavy value-add 18 unit multifamily in the opportunity and enterprise zone inWashington Park! The property is located in Chicago's Washington Park, with quick and easy access to majortransportation routes on E 55th Street, I-90, and I-94 Expressway. This property consists of (1) four bedroom, two-bath units, (1) two bedroom, two-bath units, and (16) one bedroom, one-bath units.
Target, Walmart Neighborhood Market, Whole Foods Market, Dollar Tree, Trader Joe's, Walgreens, Ulta Beauty,DTLR, CVS, T-Mobile, and Ross Dress for Less are all within four miles of this property. Starbucks, McDonald's,Burger King, Wingstop, Pizza Hut, Subway, Dunkin', Popeyes Louisiana Kitchen, Taco Bell, Checkers, KFC,Wendy's, Jimmy John's, Church's Chicken, and White Castle are all located in the bustling area. Residents andvisitors to the neighborhood can enjoy Washington Park, a 366-acre park that features a pool, threeplaygrounds, numerous baseball and softball fields, cricket fields, a football/soccer combo field, and BynumIsland.
Location
