**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!
Property Details
Property Features
Property Information:
Year Built: 1886
Listing Office:
Office Name: Exit Strategy Realty / EMA Management
Office Phone: (312) 767-0572
Listing Agent: Ursula Shine
Interior Features
Interior Information:
Basement: Yes
Bedroom and Bathroom Information:
Total Bedroom Count: 6
Exterior Features
Parking Information:
Parking: Off Alley
Utilities
Utilities Information:
Heating: Natural Gas
Other
Directions Information:
Directions: east on 55th to state, north to address
Price Information
Listing Price Info
Price Summary:
List Price: $750,000
Tax Information:
Annual Amount: $3,692
Tax Year: 2019
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Housing Market Comparison
See how this home compares to others in Chicago, IL.
This property is $389.6K more than the Median Sold Price in Chicago, IL.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: MRED
MLS Number: #12203237
Listing Office:
Office Name: Exit Strategy Realty / EMA Management
Office Phone: (312) 767-0572
Listing Agent: Ursula Shine
Listings courtesy of Midwest Real Estate Data as distributed by MLS GRID.
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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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
5
/10
Brownell Elementary School
6741 S Michigan Ave
Distance between this listing and this school1.65 miles
Public District Grades PK-6
10
/10
Bronzeville Classical Elementary School
8 W Root St
Distance between this listing and this school1.70 miles
Public District Grades KG-4
5
/10
Shoesmith Elementary School
1330 E 50th St
Distance between this listing and this school1.77 miles
Public District Grades KG-6
Nearby Schools
4
/10
Beasley Elementary Magnet Academic Center
5255 S State St
Distance between this listing and this school0.27 miles
Public Magnet Grades PK-8
5
/10
Carter Elementary School
5740 S Michigan Ave
Distance between this listing and this school0.40 miles
Public District Grades PK-8
2
/10
Sherwood Elementary School
245 W 57th St
Distance between this listing and this school0.44 miles
Public District Grades PK-8
Nearby Schools
5
/10
Williams Medical Preparatory High School
4934 S Wabash Ave
Distance between this listing and this school0.67 miles
Public District Grades 9-12
2
/10
Walter Henri Dyett High School for the Arts
555 E 51st St
Distance between this listing and this school0.82 miles
Public District Grades 9-12
1
/10
Urban Preparatory Charter Academy Englewood High School
6201 S Stewart Ave
Distance between this listing and this school1.01 miles
The neighbors living near this home have an average income of $14,250. Most Chicago, IL residents have annual incomes less than $35k. Residents typically live in single, no kids family. Most residents in this area have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 5444 S State St
What is the listing price of this property?
The listing price of 5444 S State St property is $750,000.
What type of property is this?
The property 5444 S State St is a house located in Chicago, Illinois, 60609.
Is this property for sale now?
Active Listing: 5444 S State St 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 $3,692 (source: MLS/based on county public records data).
How many bedrooms and bathrooms does this property have?
The property at 5444 S State St has 6 bedrooms and 5 bathrooms.
Which year was this property built?
The year of construction for 5444 S State St is 1886.
This home is located at 5444 S State St in Chicago, IL and zip code 60609 in the Washington Park neighborhood. This home was built in 1886. Features: 6 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since November 04, 2024 and is currently priced at $750,000.
In October 2024 more than 539 listings in Chicago, IL were sold above the asking price. During the same period more than 337 listings were sold at asking price, while more than 919 were sold below. Between September 2024 and October 2024, Chicago, IL real estate market has seen increase in the number of listings 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.