$299,900
5200 S Prairie Avenue
Chicago, IL, 60615
An incredible opportunity for investors seeking a true value-add play in the heart of “Hot” Washington Park. This jumbo 6-flat features an expansive basement and oversized units-some approaching 1,800 sq ft with multiple bathrooms-but requires a full renovation. A new City of Chicago rear porch was installed approximately 15 months ago, providing a strong starting point for redevelopment. The property is conveniently located within walking distance to bus and rail transportation and just minutes from the University of Chicago campus. Sold AS IS / WHERE IS, with the buyer responsible for all City of Chicago violations. Renovated buildings in the area are achieving seven-figure sales. Cash or purchase-rehab financing only. Proof of funds or lender preapproval required for interior access. Opportunities like this are rare-don’t miss it.
Property Details
Price:
$299,900
MLS #:
MRD12534555
Status:
Active
Beds:
7
Baths:
3
Type:
Commercial
Neighborhood:
chiwashingtonpark
Listed Date:
Dec 18, 2025
Year Built:
1903
Schools
Interior
Cooling
None
Exterior
Construction Materials
Brick
Financial
Tax Year
2024
Taxes
$89
Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.
More About DebraMortgage Calculator
Map
Current real estate data for Commercial in Chicago as of Jan 02, 2026
924
Commercial Listed
193
Avg DOM
170
Avg $ / SqFt
$1,040,030
Avg List Price
Community
- Address5200 S Prairie Avenue Chicago IL
- CityChicago
- CountyCook
- Zip Code60615
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Property Summary
- 5200 S Prairie Avenue Chicago IL is a Commercial for sale in Chicago, IL, 60615. It is listed for $299,900 To schedule a showing of MLS#mrd12534555 at 5200 S Prairie Avenue in Chicago, IL, contact your Compass / The Debra Dobbs Group agent at 3123074909.
5200 S Prairie Avenue
Chicago, IL
