This Hospitality Property is no longer advertised on LoopNet.com.

5020 S Michigan Ave
Chicago, IL 60615
Michigan Avenue Hotel · Hospitality Property For Sale · 10,188 SF

Investment Highlights

  • SRO II License from City of Chicago
  • On-site laundry for residents
  • Single Room Occupancy Hotel
  • 2 blocks from Green Line El stop

Property Facts

Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 0.18 AC
Construction Status Converted
Building Size 10,188 SF
No. Stories 4
Year Built/Renovated 1903/2014
Corridor Interior
Zoning RM-5 - Residential Multi-Unit District

Amenities

  • Balcony

Property Taxes

Property Taxes

Parcel Number
20-10-119-018-0000
Land Assessment
$28,000
Improvements Assessment
$54,000
Total Assessment
$82,000
  • Listing ID: 31583927

  • Date on Market: 4/23/2024

  • Last Updated:

  • Address: 5020 S Michigan Ave, Chicago, IL 60615

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