,

Home » All Multifamily Properties » Chicago & Midwest » 5849 S Michigan Avenue

Address: United States

Chicago & Midwest + Apartment Buildings

Created date: September 24, 2026

Date last updated: October 7, 2026

Price: $749,000Investment Analyzer NEW!

Available

Request Information

Broker Details

James Mattz

Keller Williams Preferred Realty (708) 798-1111 MLS ID: 506455 State License Number: 471014052

Key Property Information

Listing Status:	Available
Listing Type:	Call for offers
Property Types:	Apartment Buildings
No. of Units:	8
Year Built:	1908
Opportunity Zone:	No
Number of Bedrooms:	20
Number of Bathrooms:	9

Address: , , , USA

Provided by:

Standard Status: Active

MLS Listing Number: 12765767
ID: 3yd-MREDIL-12765767

Copyright Disclaimer: Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Analyzer

Step 1Financing Calculation

Purchase Price *

Down Payment *

Financed Amount

Term (Years) *

# of Payments Per Year *

Total Payments

Annual Interest Rate *

Monthly P&I

Annual P&I

Step 2Gross Rent Analysis

Please enter annual amounts.

Gross Rent *

Management Fee

Maintenance Reserve

Insurance

Property Taxes

Vacancy Reserve

Utilities

Misc. Expenses

Monthly Net Income

Annual Net Income

Step 3Cap Rate Calculation

Comparable Cap Rates *

Price Based on Cap Rate

Cap Rate Based on Price

Step 4Final Deal Analysis

Monthly Cashflow

Annual Cashflow

Cash on Cash Return

Overall Return on Full Price

Annual Approx. Depreciation

Annual Approx Market Appreciation

Similar Properties in the Area

15852-15856 S 51st Place

Terre Haute, Indiana

Chicago & Midwest + Apartment Buildings

Available

Price: $19,900

2313 Polk Street NE

Minneapolis, Minnesota

Chicago & Midwest + Apartment Buildings

Available

Price: $389,900

5024 N 6th Street

Minneapolis, Minnesota

Chicago & Midwest + Apartment Buildings

Available

Price: $274,900

Brokers

View All

Remax Real Estate Professionals

Re/Max Real Estate Professionals
Jared Ennis

Central CA Commercial | California
Rick Recckio

Recckio Real Estate & Development
Eamonn McConnell

Avison Young - CA - ON - Greater Toronto

Lenders

View All

Management

View All

,

Request Information

Broker Details

Key Property Information

Investment Analyzer

Step 1Financing Calculation

Step 2Gross Rent Analysis

Step 3Cap Rate Calculation

Step 4Final Deal Analysis

Similar Properties in the Area

15852-15856 S 51st Place

2313 Polk Street NE

5024 N 6th Street

Brokers

Remax Real Estate Professionals

Jared Ennis

Rick Recckio

Eamonn McConnell

Lenders

Management

Essex Property Trust, Inc.

Josh A

Bob Tuteur

Andrew Schildcrout