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$1,049,000

5530 S Michigan Ave Chicago, IL 60637

9 beds
6 baths
House

Property details

About 5530 S Michigan Ave

BRAND NEW CONSTRUCTION 3 Unit. Each luxury simplex is an oversized 3 bedroom, 2 bathroom Condo Quality Unit; each features a beautiful 1,500 sq ft 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. Projected rent roll is $8,400. Developed by Woodlawn's premier New Construction builder, this home is ready for immediate occupancy and comes with a one-year builder warranty. This is an opportunity to own a trophy investment property in a rapidly appreciating neighborhood. Schedule a private showing today to experience the exceptional craftsmanship and modern design firsthand.

Highlights

Home typeResidential
HeatingNatural Gas
StatusAccepting Backup Offers
(Contingent)
Year builtNew Const., 2025
ParkingOn Site
MLS #12380623

Summary

  • Basement: No
  • Total Bedroom Count: 9
  • Parking: On Site
  • Heating: Natural Gas
  • List Price: $1,049,000
  • Directions: TAKE 55TH E OR W TO MICHIGAN S TO ADDRESS
  • Year Built: 2025
  • MLS Number: 12380623
  • MLS Name: MRED
  • Office Name: Main Street Real Estate Group
  • Office Phone: (773) 799-8042
  • Office Email: paulagrace@gmail.com
  • Listing Agent: Lawrence Dunning

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Copyright © 2025 Midwest Real Estate Data LLC (MRED). All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/15/2025, 12:45:31 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

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Tax history

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Nearby schools

6

Brownell Elementary School

Public District PK-6

1.5 mi

6741 S Michigan Ave

5

Shoesmith Elementary School

Public District KG-6

1.6 mi

1330 E 50th St

4

Univ of Chicago Charter-Nth Kenwood

Public Charter PK-5

1.7 mi

1119 E 46th St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $20,729. The most common annual income of people living in Chicago, IL is less than $<35k. Most families are single, no kids. Typical level of education for residents in this area is high school diploma.

How much money do the neighbors make?

80%
<35k
19%
35k-100k
1%
100k-200k
0%
200k+

What level of education do the neighbors have?

No High School
High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

52%
Single, No Kids
35%
Single, with Kids
6%
Married, No Kids
7%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

20%
<11 yrs old
12%
12-17 yrs old
22%
18-34 yrs old
34%
35-64 yrs old
12%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • Mexican League SoccerMexican League Soccer

Where do the neighbors shop?

  • H&MH&M
  • BurlingtonBurlington
  • Foot LockerFoot Locker

Where do the neighbors go to eat?

  • Boston MarketBoston Market
  • White CastleWhite Castle
  • Little CaesarsLittle Caesars

What do the neighbors drive?

  • HondaHonda
  • KiaKia
  • DodgeDodge

What do the neighbors listen to?

  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • Urban Adult ContemporaryUrban Adult Contemporary
All data provided by Home Junction and Claritas

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Frequently asked questions

About 5530 S Michigan Ave

The listing price of 5530 S Michigan Ave property is $1,049,000.

The property 5530 S Michigan Ave is a house located in Chicago, Illinois, 60637.

Accepting Backup Offers: 5530 S Michigan Ave is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

The nearby schools for 5530 S Michigan Ave are: Brownell Elementary School (GreatSchools Rating 6/10), Shoesmith Elementary School (GreatSchools Rating 5/10), Univ of Chicago Charter-Nth Kenwood (GreatSchools Rating 4/10), Carter Elementary School (GreatSchools Rating 5/10), Burke Elementary School (GreatSchools Rating 1/10), Beasley Elementary Magnet Academic Center (GreatSchools Rating 4/10), Walter Henri Dyett High School for the Arts (GreatSchools Rating 2/10), Williams Medical Preparatory High School (GreatSchools Rating 5/10), Urban Preparatory Charter Academy Englewood High School (GreatSchools Rating 1/10).

The property at 5530 S Michigan Ave has 9 bedrooms and 6 bathrooms.

The year of construction for 5530 S Michigan Ave is 2025.

This home is located at 5530 S Michigan Ave in Chicago, IL and zip code 60637 in the Washington Park neighborhood. Features: 9 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since May 31, 2025 and is currently priced at $1,049,000.

In June 2025, from all listings sold in Chicago, IL there were more than 1044 sold above asking price, over 952 sold below and more than 385 were sold right at the asked price. The number of homes for sale in Chicago, IL increased by 7.6% between May and June 2025. Listings spent 25 days on the market in June 2025, and had a median list price of $379,143 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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