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5651 S Michigan

$1,450,000

5651 South Michigan Avenue, Chicago, IL 60637

Active
Last Updated: 05/05/2023

6.61

Cap Rate

72

Occupancy

Details:
Cap Rate:    6.61%
Occupancy:    72%
Description:

Multifamily Investment Advisors with KW Commercial & Keller Williams ONEChicago is proud to present 5651-5659 S. Michigan

Ave. a 18-unit residential property located in Chicago, IL. The property is located in Chicago's Washington Park, with quick and

easy access to major transportation 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 and visitors to the neighborhood can enjoy Washington Park, a 366-acre park that

features a pool, three playgrounds, numerous baseball and softball fields, cricket fields, a football/soccer combo field, and

Bynum Island.

Map:
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