5642 S Prairie Avenue
Chicago, IL, 60637
$975,000
12 Beds
8 Baths
0 SqFt
0 Acres
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$975,000
5642 S Prairie Avenue
Chicago, IL, 60637
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4-unit, 2007 construction, perfect OWNER-OCCUPANT investment opportunity in appreciating east Washington Park! Units 1 and 2 are currently vacant for owner-occupancy. All four units are 3-bed / 2-bath and have in-unit laundry hook-ups, hardwood and tile throughout, modern appliances, gas-forced-heat / central air, in-unit hot water tanks, and individual utilities. The units are larger than than most of the new construction in the area, ranging in size between 1,200 and 1,400 SF. The property has had extensive improvements in the last year to the interior and exterior. Other notable features: steel porches with individual outdoor spaces, sump pump and grinder pump, breaker panels in-unit, five exterior parking spaces with automatic gate, common coin laundry, new carpet and paint in common hallway, granite countertops with islands, separate living and dining areas, and updated lighting and bathroom fixtures. All kitchens have refrigerators, dishwashers, gas stoves, built-in microwaves, and condo-quality cabinetry. This is a fantastic opportunity for an owner-occupant to occupy one unit and benefit from the income from the other three units.

Property Details

Price:
$975,000
MLS #:
MRD12627280
Status:
Active
Beds:
12
Baths:
8
Type:
Multi Family
Neighborhood:
chiwashingtonpark
Listed Date:
Apr 23, 2026
Year Built:
2007
Chi – Washington ParkChiwashingtonpark

Schools

School District:
299

Interior

Heating
Natural Gas

Exterior

Construction Materials
Block
Parking Features
Assigned, Off Alley, Off Street, Yes
Parking Spots
5
Parking Total
5
Roof
Asphalt

Financial

Maintenance Fee
$2,400
Net Operating Income
$84,512
Tax Year
2024
Taxes
$17,140
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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 Apr 24, 2026
1,382
Multi Family Listed
78
Avg DOM
$515,795
Avg List Price

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Property Summary

    5642 S Prairie Avenue Chicago IL is a Multi Family for sale in Chicago, IL, 60637. It is listed for $975,000 To schedule a showing of MLS#mrd12627280 at 5642 S Prairie Avenue in Chicago, IL, contact your Compass | Debra Dobbs | The Dobbs Group agent at 3123074909.
5642 S Prairie Avenue
Chicago, IL