Closed

$624,900

6032 Michigan Avenue, Chicago, IL 60637
7 Beds5 Baths28 days
6032 Michigan Avenue·Chicago, IL 60637
7Bedrooms
5Bathrooms
1963Year Built
About This Home

Looking for a great home with rental income or just a fantastic investment? Welcome to 6032 South Michigan Avenue, a unique, modern multi-unit nestled along a vibrant, classic Chicago Street. This expansive, 5,850 square feet, 2 unit building offers a harmonious blend of contemporary design and functional, open plan living spaces. This gut rehab still needs finishing touches throughout and basement needs to be finished. Enter the heavy, wooden, double front doors and up a flight of stairs to the lower unit which greets you with an open concept kitchen, dining and living space. This multi-purpose room has been updated with hardwood floors and all new floor to ceiling windows which flood the space with natural light during the day. After dark, abundant down lighting creates a bright, contemporary feel. The kitchen has been upgraded with all new stainless steel appliances, sleek cabinets, granite countertops and a cooktop island with an overhang perfect to accommodate kitchen stools. The spacious primary bedroom includes a walk-in closet and en suite, completely updated bathroom. Two other bedrooms, each with walk-in closets share a full, updated bathroom complete with steam shower. The upper unit has an identical floor plan as the lower level. This apartment includes an efficiency kitchen and den or office off the primary suite. Windows and both bathrooms have been updated. The ground level includes 3 unfinished rooms and a half bath which could be that could be fashioned into a separate, third unit or an additional office, bedroom, media room or storage space for the lower unit. Each unit has their own utilities. The ground level, built in garage can accommodate two vehicles and an additional two car garage is situated at the back of the 8,019 square foot lot. The outdoor spaces that surround the impeccably maintained brick exterior offers endless possibilities for outdoor entertainment. Located a few blocks from Washington Park and near multiple forms of public transit, either or both of these updated, spacious units will easily rent for market rate offering the homeowner or investor a high cap rate and impressive return on investment.

MLS# 12269863Listed January 13, 2025Residential Income
Property Details

Beds & Baths

Total Bedrooms7
Total Bathrooms5
Total Rooms16

Size & Structure

Garage Spaces4
Year Built1963
Lot Size0.184

Location

CountyCook
TownshipHyde Park
Zip Code60637

Financial

List Price$624,900
Annual Taxes (2022)$8,253
Monthly Tax Est.$688
Parcel #20153070250000
Interior Features

Heating

Electric

Basement

UnfinishedPartial
Exterior & Lot

Construction

Brick
Utilities & Parking

Water Source

Lake Michigan

Parking

On SiteAttachedDetachedGarage
Schools
Elementary
Carter Elementary School
District: 299
High School
Phillips Academy High School
District: 299
Tax & Financial
Annual Taxes
$8,253
Tax Year 2022
Monthly Tax Est.
$688
per month
Property Location

6032 Michigan Avenue, Chicago, IL 60637 — Cook County

$624,900
6032 Michigan Avenue
7 bd5 ba
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
28 days on market
4-car garage
0.184
$8,253/yr taxes
$3,972
estimated monthly payment
Principal & Interest
$3,284/mo
Property Tax
$688/mo
$624,900
20% — $124,980
3%50%
6.875%
3%12%
Loan Amount
$499,920
Down Payment
$124,980

* Estimated payment only. Actual rates, taxes, and insurance may vary. Contact a lender for a personalized quote.

Listed by
Compass
Agent: Baird Smart
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