5302 S Prairie Avenue
Chicago, IL, 60615
$998,000
9 Beds
9 Baths
0 SqFt
0 Acres
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$998,000
5302 S Prairie Avenue
Chicago, IL, 60615
MLS #MRD12694337 image #0MLS #MRD12694337 image #1MLS #MRD12694337 image #2MLS #MRD12694337 image #3MLS #MRD12694337 image #4MLS #MRD12694337 image #5MLS #MRD12694337 image #6
Introducing one of Chicago’s most exceptional new construction trophy investments-an architectural masterpiece that effortlessly blends sophisticated luxury, uncompromising craftsmanship, and extraordinary income-producing potential. Situated on an oversized lot in one of the city’s fastest-appreciating neighborhoods, this spectacular three-unit building sets a new benchmark for modern multifamily living. Each expansive residence offers approximately 1,500 square feet of impeccably designed living space featuring three spacious bedrooms, three designer bathrooms, and an extraordinary floor plan that lives like a luxury single-family home. Every unit boasts two lavish primary suites with spa-inspired baths, creating an unparalleled level of comfort, flexibility, and privacy rarely found in today’s market. Designed to impress from the moment you enter, the stunning open-concept interiors showcase exquisite finishes throughout, including custom designer cabinetry, premium quartz countertops, striking statement backsplashes, stainless steel appliances, expansive entertaining spaces, private balconies, abundant natural light, and convenient in-unit laundry hookups. Every finish has been thoughtfully curated to deliver a timeless blend of elegance, functionality, and modern sophistication. Built with exceptional attention to detail, this remarkable property features enhanced sound insulation between floors and exterior walls, providing superior privacy and an elevated living experience. A one-year builder warranty offers additional confidence and peace of mind. The outdoor living is equally impressive, featuring an expansive, fully fenced backyard designed for entertaining, gatherings, and everyday enjoyment, along with three dedicated exterior parking spaces. Perfectly positioned just moments from the CTA Green Line, only two blocks from Washington Park, and minutes from the transformative Obama Presidential Center, this extraordinary investment stands at the heart of one of Chicago’s most exciting redevelopment corridors. Surrounded by billions of dollars in public and private investment-including the visionary 62-acre 78th Neighborhood development along the Chicago River-this location is poised for exceptional long-term appreciation and sustained demand. Whether you’re a seasoned investor seeking a prestigious addition to your portfolio or an owner-occupant looking to offset your mortgage with substantial rental income, opportunities of this caliber are exceedingly rare. Every square foot reflects refined design, enduring quality, and exceptional craftsmanship. This is more than a multifamily property-it is a legacy investment, a trophy asset, and a statement of excellence that will captivate even the most discerning buyer.

Property Details

Price:
$998,000
MLS #:
MRD12694337
Status:
Active
Beds:
9
Baths:
9
Type:
Multi Family
Neighborhood:
chiwashingtonpark
Listed Date:
Aug 27, 2026
Year Built:
2026
NewconstructionChi – Washington ParkChiwashingtonpark

Schools

School District:
299

Interior

Heating
Natural Gas

Exterior

Construction Materials
Brick
Exterior Features
Balcony
New Construction YN
1
Parking Features
Yes, Owned
Parking Spots
3
Parking Total
3

Financial

Tax Year
2025
Taxes
$1,455
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Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.

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Current real estate data for Multi Family in Chicago as of Sep 18, 2026
1,302
Multi Family Listed
85
Avg DOM
$527,779
Avg List Price

Community

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Property Summary

    5302 S Prairie Avenue Chicago IL is a Multi Family for sale in Chicago, IL, 60615. It is listed for $998,000 To schedule a showing of MLS#mrd12694337 at 5302 S Prairie Avenue in Chicago, IL, contact your Compass | Debra Dobbs | The Dobbs Group agent at 3123074909.
5302 S Prairie Avenue
Chicago, IL