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5032 S Michigan Ave, Chicago, IL, 60615

$750,000

Home List Price

$8,906*

Closing Credit

5 Bedrooms
3 Full Baths, 1 Partial
3,100 SqFt
$242/SqFt
House

Location

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5032 S Michigan Ave, Chicago$750,000

Buyer Closing Credits

$8,906*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Garage2 spaces
Year Built2024
HeatingNatural Gas, Forced Air
CoolingCentral Air
BasementYes
MLS #12188963
StatusActive

About 5032 S Michigan Ave

Sophisticated Michigan Avenue single-family residence offers uncompromising elegance. Unique sightlines on the main level, 10-foot ceilings, oak floors, crown moldings, and large window areas make this a fluid and functional entertainment space. With cues from a contemporary aesthetic, the designer kitchen with bright, clean lines, top-quality stainless-steel appliances, an island with waterfall edges and quartz countertops is the perfect place to create your culinary delights. The spacious dining area is perfect for hosting your most intimate dinners or a large gathering of family and friends. Timeless in its design and function, the second level provides a luxurious primary suite with walk-in closets and a spa-like bath with a deep soaking tub, separate shower, double face bowls, and heated floors. Additionally, the second level has two bedrooms with a Jack-N-Jill bath, linen closet, and laundry room with a side-by-side washer & dryer. The lower level with two additional bedrooms, a full bath, and a recreation room with a wet bar, is the perfect spot for entertainment, solitude, home office, or privacy for guests. To complete the package, the expansive yard with a 2-car garage provides relaxation for various outdoor activities. If beauty, quality, and excellence are what you desire, this is the home for you! SOME PHOTOS ARE EXAMPLES OF PREVIOUS PROPERTIES BUILT. ACTUAL FINISHES COMMAND A TOUR!!

Property Details

Property Features

Property Information:

  • Year Built: 2024
  • Living Area: 3,100 SqFt

Listing Office:

  • Office Name: @properties Christie's International Real Estate
  • Office Phone: (773) 472-0200
  • Listing Agent: Pamela Tuggle

Interior Features

Interior Information:

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Wine Cooler, Range Hood
  • Basement: Yes
  • Interior: Bar-Wet, Hardwood Floors, Second Floor Laundry, Coffered Ceiling(s), Open Floorplan, Dining Combo

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bedroom Count: 5

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air
  • Cooling: Central Air

Other

Directions Information:

  • Directions: 51st Street to Indiana, north to 50th Street, west to Michigan Ave., south on Michigan Ave. to 5032 S. Michigan.

Price Information

Listing Price Info

Price Summary:

  • List Price: $750,000
  • Price Per SqFt: $242/SqFt

Tax Information:

  • Annual Amount: $1,379
  • Tax Year: 2019
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Housing Market Comparison

See how this home compares to others in Chicago, IL.

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Chicago, IL

City

Med. Sold Price

$360.3K

Med. Price/SqFt

$259

Avg. Days On Market

32

# of Sold Homes

1796

5032 S Michigan Ave vs Chicago

30 DAYS ON ROCKET

-2 Days

$750,000

+$389.6K More

$242/SqFt

-$18 Less

KEY TAKEAWAY

This property is $389.6K more than the Median Sold Price and $18/SqFt less than other homes in Chicago, IL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MRED
  • MLS Number: #12188963

Listing Office:

  • Office Name: @properties Christie's International Real Estate
  • Office Phone: (773) 472-0200
  • Listing Agent: Pamela Tuggle

IDX Listings courtesy of Midwest Real Estate Data as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX Copyright © 2024 Midwest Real Estate Data LLC (MRED). All rights reserved.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than the broker/agent who owns the website are marked with the MRED Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (the MRED logo) and detailed information about them includes the names of the listing brokers.

All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.

Some properties which appear for sale on this website may subsequently have sold and may no longer be available. Information Deemed Reliable but Not Guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the "DMCA") provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@theMLSGRID.co

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Copyright © 2024 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: 11/14/2024, 11:45:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2019$1,379$6,866

History based on county public records data.

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$3,811

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,315

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-432878
10
/10

  • Bronzeville Classical Elementary School

  • 8 W Root St

  • 1.19 miles

  • Public District Grades KG-4

school-card-donut-432879
4
/10

  • Univ of Chicago Charter-Nth Kenwood

  • 1119 E 46th St

  • 1.41 miles

  • Public Charter Grades PK-5

school-card-donut-432880
5
/10

  • Shoesmith Elementary School

  • 1330 E 50th St

  • 1.49 miles

  • Public District Grades KG-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $18,729. Residents of Chicago, IL typically earn less than $35k each year. Residents typically live in single, no kids family. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5032 S Michigan Ave

What is the listing price of this property?

The listing price of 5032 S Michigan Ave property is $750,000.

What type of property is this?

The property 5032 S Michigan Ave is a house located in Chicago, Illinois, 60615.

Is this property for sale now?

Active Listing: 5032 S Michigan Ave is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2019 is $1,379 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 5032 S Michigan Ave has 5 bedrooms and 3 full and 1 half bathrooms.

What is the square footage of this property?

The property 5032 S Michigan Ave is 3,100 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5032 S Michigan Ave is 2024.

Rocket Homes›Illinois›Cook County›Chicago›60615›5032 S Michigan Ave

This home is located at 5032 S Michigan Ave in Chicago, IL and zip code 60615 in the South Side neighborhood. This 3,100 square foot home was built in 2024. Features: 5 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since October 15, 2024 and is currently priced at $750,000.

While more than 539 listings in Chicago, IL in October 2024 were sold above asking price, there were more than 337 listings sold at asking price, and more than 919 were sold below. The inventory of homes for sale in Chicago, IL between September 2024 and October 2024 increased by 14.5%. While the average time on the market in October 2024 was 32 days, the median list price was $360,336.

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

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