Essex Realty Group, LLC has been exclusively engaged to market for sale a 7-unit multifamily property located at 5610 S. Michigan Avenue in Chicago’s Washington Park neighborhood. The well-maintained vintage walk-up consists of spacious (6) four-bedroom units and (1) two-bedroom unit featuring hardwood floors, high ceilings, abundant natural light, individual furnaces, and open living/kitchen layouts. The property also features a stone façade, marble entryway, updated plumbing and electrical systems, and on-site laundry facilities.

The property is currently 86% occupied and offers investors strong in-place income with clear operational and leasing upside. Additional value can be created through leasing the vacant unit, improving operational efficiencies, and capturing future rental growth as units turn over.

Located near Hyde Park, the University of Chicago, and the Museum of Science and Industry, the property benefits from strong rental demand and continued neighborhood investment, offering investors stable cash flow with long-term appreciation potential.

5610 S. Michigan Avenue is located in Chicago’s historic Washington Park neighborhood on the city’s South Side. The property benefits from close proximity to major employment and educational anchors including the University of Chicago, Hyde Park, and the Museum of Science and Industry.

The area is supported by strong transportation infrastructure with convenient access to Lake Shore Drive, Interstate 90/94, CTA Green Line stations, and multiple bus routes providing direct connectivity throughout the city. Residents also benefit from nearby retail, restaurants, parks, and neighborhood amenities, including Washington Park and the upcoming Obama Presidential Center development nearby in Jackson Park.

• Strong unit mix consisting of oversized (6) four-bedroom units and (1) two-bedroom unit
• Attractive vintage architecture with stone façade and marble entryway
• Individual furnaces
• Opportunity to increase NOI through operational efficiencies and future rent growth
• Laundry facilities on-site
• Located near the University of Chicago, Hyde Park, and the Museum of Science and Industry