#12179749, Wayne Beals, Listing Office: Exit Strategy Realty / EMA Management
$8,906
closing credit¹
5444 S State St Chicago, IL 60609
Property details
About 5444 S State St
**Exciting Investment Opportunity: Your Dream Property Awaits! Fire your landlord and step into the exciting world of property ownership with this unique multi-use property located at the edge of Washington Park! With high foot traffic and exceptional visibility, this is a rare opportunity to establish your business and generate rental income simultaneously. **Property Highlights:**Prime Location:** Situated next to a vibrant Dunkin Donuts and just two blocks from the I-94 Dan Ryan Expressway, ensuring easy access and connectivity. The surrounding area is undergoing renovations, promising growth and increased value. **Versatile Commercial Space:** The first floor features a blank canvas, a 1,700 sq ft vanilla box commercial space with completed drywall and laminate floors. Perfect for an office or restaurant, it comes equipped with ductwork throughout and a half bath, ready for your vision! - **Spacious Residential Living:** The second and third floors boast a large three-bedroom apartment with a den and two full bathrooms, also each floor offering nearly 1,700 sq ft. Enjoy a generous living room, dining room, and a full-size kitchen with abundant cabinet space. The unit is complete with washer and dryer connections, and an enclosed back porch for added charm. **Parking Potential:** Currently, there is off-street parking available, and you can modify the gated area to allow for 2-3 parking spaces. Ample free street parking is also available! - **Convenient Access to Amenities:** Just 5 minutes from the University of Chicago Hospital and surrounded by a plethora of stores and restaurants, experiencing the charm of city living has never been easier. This is a once-in-a-lifetime opportunity to own a property that combines business potential with comfortable living! Don't miss out on your chance to invest in your future. Schedule your viewing today-this gem won't last long!
Highlights
(Contingent)
Summary
- MLS Number: 12203237
- MLS Name: MRED
- Office Name: Exit Strategy Realty / EMA Management
- Office Phone: (312) 767-0572
- Listing Agent: Ursula Shine
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Get an agent. Get a mortgage. Save big.¹
$750,000
5444 S State St
$8,906
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
Date | Event | Price |
---|---|---|
Jul 18, 2022 | Home Sold | $131,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2022 | $10,000 | $2,063 |
2021 | $10,000 | $2,016 |
2020 | $15,985 | $3,560 |
2019 | $18,374 | $3,691 |
2018 | $18,374 | $3,629 |
2017 | $12,889 | $2,774 |
History based on county public records data.
Nearby schools
5
Brownell Elementary School
Public District PK-6
1.6 mi
•6741 S Michigan Ave
10
Bronzeville Classical Elementary School
Public District KG-4
1.7 mi
•8 W Root St
5
Shoesmith Elementary School
Public District KG-6
1.8 mi
•1330 E 50th St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $14,250. The majority of Chicago, IL residents have income less than $<35k annually. Residents typically live in single, no kids family. The majority of residents in this area have high school diploma education.
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Frequently asked questions
About 5444 S State St
This home is located at 5444 S State St in Chicago, IL and zip code 60609 in the Washington Park neighborhood. Features: 6 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since November 4, 2024 and is currently priced at $750,000.
Chicago, IL housing market in January 2025 saw over 347 listings sold above listed price, more than 238 sold at listed price and over 707 sold below. The inventory of homes for sale in Chicago, IL between December and January 2025 increased by 11.5%. While the average time on the market in January 2025 was 41 days, the median list price was $369,009.