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  • $199,000

    5165 S Michigan Ave, Chicago, IL 60615

    --beds
    --baths
    8,276Square Feet
    Unimproved Land
    Built in ----
    8,276.4 Square Feet Lot
    $-- Zestimate®
    $--/sqft
    $1,375 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $1,375/mo

    Zestimate® history
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    What's special

    Attention residential developers! Don't miss this exceptional opportunity to acquire a 0.19-acre lot in Chicago's thriving Washington Park neighborhood. Located at 5165 S Michigan Ave, this RM-5 zoned lot offers flexibility for various residential projects in an area experiencing rapid revitalization. With ample space to build an 8-unit residential building or two 4-unit buildings, this site presents a fantastic investment in a neighborhood seeing a surge in new construction. The property's prime location on Michigan Ave places it near key amenities, including Washington Park, Provident Hospital, and major transit routes, making it highly attractive to future residents. Whether you envision a boutique condo development or a rental property, the potential for strong returns is undeniable. With ongoing redevelopment efforts in the area, this lot is perfectly positioned for a profitable project-secure your stake in Washington Park's transformation today!

    Zillow last checked:

    Listing updated:

    Listing courtesy of:

    Michael Applegate 708-743-0043,

    Straight-A Realty, LLC

    Bought with:

    Michael Applegate

    Straight-A Realty, LLC

    Source: MRED as distributed by MLS GRID,MLS#: 12322600MLS Logo

    Facts & features

    Property

    Features
    • Frontage length: 52
    Lot
    • Size: 8,276 sqft
    • Dimensions: 52X161
    Details
    • Parcel number: 20103020130000
    • Zoning: MULTI
    • Special conditions: None

    Utilities & green energy

    • Utilities for property: Electricity Nearby, Natural Gas Nearby

    Community & neighborhood

    Location
    • Region: Chicago

    Other

    Other facts
    • Listing terms: Cash
    • Ownership: Fee Simple
    • Road surface type: Asphalt

    Price history

    DateEventPrice
    8/14/2025Sold$199,000-20.4%
    Source: MRED as distributed by MLS GRID #12322600 Report a problem
    8/14/2025Pending sale$250,000
    Source: MRED as distributed by MLS GRID #12322600 Report a problem
    4/25/2025Contingent$250,000
    Source: MRED as distributed by MLS GRID #12322600 Report a problem
    4/8/2025Listed for sale$250,000
    Source: MRED as distributed by MLS GRID #12322600 Report a problem
    3/27/2025Contingent$250,000
    Source: MRED as distributed by MLS GRID #12322600 Report a problem
    3/27/2025Listed for sale$250,000+25.6%
    Source: MRED as distributed by MLS GRID #12322600 Report a problem
    10/7/2024Listing removed$199,000
    Source: MRED as distributed by MLS GRID #11948000 Report a problem
    12/16/2023Listed for sale$199,000
    Source: MRED as distributed by MLS GRID #11948000 Report a problem
    6/1/2023Listing removed--
    Source: MRED as distributed by MLS GRID #11672288 Report a problem
    11/12/2022Listed for sale$199,000+947.4%
    Source: MRED as distributed by MLS GRID #11672288 Report a problem
    3/31/2014Sold$19,000+171.4%
    Source: Public Record Report a problem
    12/29/2000Sold$7,000-62.2%
    Source: Public Record Report a problem
    11/29/1999Sold$18,500
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024-- $29,302 +105.9%
    2023$3,013 +2.6%$14,232
    2022$2,936 +2.3%$14,232
    2021$2,870 -9.5%$14,232
    2020$3,170 +10.9%$14,232
    2019$2,859 +1.7%$14,232
    2018$2,811 +11.4%$14,232 +21.4%
    2017$2,523 +7.5%$11,720
    2016$2,347 +9.3%$11,720
    2015$2,148 +15.2%$11,720 +16.7%
    2014$1,864 +2%$10,046
    2013$1,827 $10,046

    Find assessor info on the county website

    Neighborhood: Washington Park

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: 299

    Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.