5534 South Michigan, Chicago IL 60637
- Units 3
- Total Beds 9
- Total Baths 6
- Taxes $2,907
- Payment Estimate View Mortgage Calculator
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Property Description
BRAND NEW CONSTRUCTION 3 Unit. Each 1,500 sq ft luxury simplex is an oversized 3 bedroom, 2 bathroom Condo Quality Unit; each features a beautiful open floorplan, each kitchen with high-end stainless appliances, quartz counters, and in-unit laundry. Extra insulation for noise reduction between floors and from the outside. Unbeatable location walking distance to the 55th/Garfield CTA Green Line station and two blocks from Washington Park. The projected rent roll is $8,400. Signed lease for $2,700 for the middle unit. Property Management can be arranged for buyers
Features & Information
Key Details
- List Price $1,050,000
- Property Taxes $2,907
- Price/ Sq. Ft. Unavailable
- Year Built 2025
- Parking Type Space/s
- Status New
Rooms
- Total Rooms 18
- Basement N
Exterior Features
-
Parking
- Parking Details Space/s
- # of Cars: 3
Building Information
- Number of Units 3
- Age of Building NEW Ready for Occupancy
- Exterior Construction Frame
- Heating & Cooling Gas
-
Units
- Unit 1 Stove, Refrigerator, Washer, Dryer, Dishwasher, Microwave, Disposal
- Unit 2 Stove, Refrigerator, Washer, Dryer, Dishwasher, Microwave, Disposal
- Unit 3 Stove, Refrigerator, Washer, Dryer, Dishwasher, Microwave, Disposal
Location
- County Cook
- Township South Chicago
- Corporate Limits Chicago
- Directions to Property Take 55th E Or W To Michigan S To Address
-
Schools
- Elementary School District 299
- Junior High District 299
- High School District: 299
-
Property Taxes
- Tax 2907
- Tax Year 2022
- Parcel Identification Number 20151010150000
Utilities
- Sewer Sewer-Publ
Listed by Lawrence Dunning for Main Street Real Estate Group | Source: MRED as distributed by MLS GRID
Based on information submitted to the MLS GRID as of 3/12/2025 7:32 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Explore Washington Park
For now Chicago's Washington Park neighborhood may be a predominantly residential south side community with a sprawling public park and rich culture of African-American heritage, however, as the potential site of the Olympic Stadium for the 2016 Summer Games, this modest neighborhood could really make its mark in the near future. Remnants of the last century's architectural movement are found throughout the area, with a wave of new designs and gut rehabs dusting the streets as well. As Olympic talk heightens, developers and city officials are anticipating the impact such a huge event would have on Washington Park. Temporary athlete lodgings and the massive 80,000-seat arena would only be around for a short period, but the hope is that a surge of new businesses would ride in on the coattails of this once-in-a-lifetime opportunity to bolster the Washington Park neighborhood for decades to come. The current commercial base is slight, with a few soul food mainstays and Chinese takeout, but the annual cultural festivals and fun Park District programs keep things on the up as Washington Park awaits an impending transformation of Olympic proportions.
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