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4953 S Michigan Ave Unit 7
Condo
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PASS
TOUR

$415,000

$138/sqft

4953 S Michigan Ave Unit 7, Chicago

65% below median
5 bd·3 ba·3,000 sqft
Grand Boulevard

4953 S Michigan Ave Unit 7, Chicago, IL

5 bd · 3 ba · 3,000 sqft Condo listed at $415,000 in the Grand Boulevard neighborhood.

About this home

Come tour this rarely available 5 bed / 3 bath duplex condo in Hyde Park Township. Renovated in 2001, this home offers a very generous floor plan, including, but not limited to, two spacious living spaces, large bedrooms and baths. Relax in the master suite or entertain in the lower level- there are unlimited opportunities to explore with this hidden gem. Kitchen comes equipped with beautiful cabinetry, stainless steel appliances, including a brand-new dishwasher, granite countertops, tile backsplash, and modern fixtures. Tons of natural lighting overlooking scenic Michigan Avenue. A lovely outdoor space, secure access, and tons of storage. Unit was recently painted a warm neutral color and is ready for its new owners to call it Home.

Property details

Price
$415,000
Bedrooms
5
Bathrooms
3
Interior
3,000 sqft
Price / sqft
$138
Type
Condo
Days on market
182
Est. property tax
$8,632/yr · $719/mo · 2.08% IL avg
HOA
$504/mo
Last sold
$184,500 · Jan 2001

Estimated monthly payment

Down payment20% ($83,000)
Interest rate6.75%
Principal & Interest$2,153
Property Tax$380
Insurance$150
Total$2,684/mo

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Price history

4.6%Most recent change on 2026-03-20: $435,000$415,000.

$476K$317K$158K$185K on Jan 01 (Sold)$450K on Oct 25 (Initial list)$435K on Nov 25 (Price change)$415K on Mar 26 (Price change)
$185K · Jan 01$415K · Mar 26
  1. Mar 20, 2026$415,000Price change
  2. Nov 30, 2025$435,000Price change
  3. Oct 25, 2025$449,900Initial list price
  4. Jan 26, 2001$184,500Sold

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.

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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