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5032 S Michigan Ave
Single Family
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$614,990

$181/sqft

5032 S Michigan Ave, Chicago

48% below median
3 bd·4 ba·3,400 sqft
Built 2025Grand Boulevard

5032 S Michigan Ave, Chicago, IL

3 bd · 4 ba · 3,400 sqft Single Family listed at $614,990, built in 2025 in the Grand Boulevard neighborhood.

About this home

Built in 2025, this 3 bed, 4 bath single family home offers 3,400 sqft of living space at 5032 S Michigan Ave in Chicago, IL (Grand Boulevard neighborhood). Listed at $614,990 ($181/sqft) with 100 days on market.

Property details

Price
$614,990
Bedrooms
3
Bathrooms
4
Interior
3,400 sqft
Price / sqft
$181
Year built
2025
Type
Single Family
Days on market
100
Est. property tax
$12,792/yr · $1,066/mo · 2.08% IL avg

Estimated monthly payment

Down payment20% ($122,998)
Interest rate6.75%
Principal & Interest$3,191
Property Tax$564
Insurance$150
Total$3,905/mo

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Price history

▼ 0%Most recent change on 2026-03-06: $615,000 → $614,990.

$812K$614K$417K$450K on Apr 18 (Initial list)$490K on Jul 18 (Price change)$490K on Oct 18 (Price change)$490K on Dec 18 (Price change)$779K on Nov 22 (Initial list)$779K on Aug 23 (Price change)$779K on Mar 24 (Initial list)$750K on Oct 24 (Initial list)$750K on Jun 25 (Initial list)$699K on Aug 25 (Initial list)$659K on Oct 25 (Initial list)$629K on Jan 26 (Initial list)$629K on Jan 26 (Relisted)$615K on Feb 26 (Price change)$615K on Mar 26 (Price change)
$450K · Apr 18$615K · Mar 26
  1. Mar 6, 2026$614,990Price change
  2. Feb 25, 2026$615,000Price change
  3. Jan 22, 2026$629,000Relisted
  4. Jan 15, 2026$629,000Initial list price
  5. Oct 23, 2025$659,000Initial list price
  6. Aug 26, 2025$699,000Initial list price
  7. Jun 15, 2025$750,000Initial list price
  8. Oct 15, 2024$750,000Initial list price
  9. Mar 28, 2024$779,000Initial list price
  10. Aug 4, 2023$779,000Price change
  11. Nov 29, 2022$779,000Initial list price
  12. Dec 17, 2018$489,900Price change
  13. Oct 2, 2018$489,900Price change
  14. Jul 11, 2018$489,900Price change
  15. Apr 3, 2018$449,900Initial list price

Location

This home is located in Chicago, IL. Browse more Chicago listings on the Chicago market page or explore the full Chicago market report.

About Chicago: Chicago is the most populous city in the U.S. state of Illinois and in the Midwestern United States. Located on the western shore of Lake Michigan, it is the third-most populous city in the United States, with a population of 2.74 million at the 2020 census. The Chicago metropolitan area has 9.41 million residents and is the third-largest metropolitan area in the country. Chicago is the seat of Cook County, the second-most populous county in the U.S. (source: Wikipedia)

Climate: Average year-round temperature is 51°F with 211 dry days per year and 39.9 inches of annual rainfall.

Location

Map of 5032 S Michigan Ave, Chicago
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Home Intelligence

Neighborhood (zip 60615)

This neighborhood is primarily renter-occupied (31% owner-occupied). Median age is 34.7; 25% hold a bachelor's degree; median household income is $56,518.

Median income
$56,518
Median age
34.7
Owner-occupied
31.4%
Bachelor's degree
25.3%
Census median home value
$306,400

Source: US Census Bureau American Community Survey 5-year estimates.

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