5200 S Prairie Avenue Chicago, IL ^$ 299,900

5200 S Prairie Avenue

^$ 299,900

Back to search

Recently Listed

5200 S Prairie Avenue

Chicago, IL, 60615

^$ 299,900

Bedrooms7 Baths0.0

Monthly Estimate*

^$ 1,871

5200 S Prairie Avenue, Chicago, IL 60615 - Image 1

5200 S Prairie Avenue, Chicago, IL 60615 - Image 2

5200 S Prairie Avenue, Chicago, IL 60615 - Image 3

5200 S Prairie Avenue, Chicago, IL 60615 - Image 4

Multi-Family Home for sale in Chicago, IL

for $299,900 with 7 bedrooms. This home was built in 1903.

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.

Multi-Family Active

Price

^$ 299,900

Bedrooms

Property Type

Multi-Family

Taxes

^$ 88

Style

Year Built

1903

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12534555

Features

General

Cooling None

Zoning MULTI

Construction Materials Brick

Year Built 1903

Stories Count 3

Township Hyde Park

Tax Year 2024

Gross Income 0

County Cook

Net Operating Income 0

Operating Expense 0

Insurance Expense 0

Property Type Commercial Sale Multi Family 5+

MaintenanceExpense 0

Possible Use Multi-Family

Status New

Directions Take I-90/94 to 51st Street head east to Prairie Avenue then go south to reach 5200 S Prairie Ave

City Chicago

Number Of Units Total 6

MLS Area CHI - Washington Park

Tax Annual Amount 88.93

Electric Expense 0

Fuel Expense 0

Trash Expense 0

Water Sewer Expense 0

Additional Parcels Y/N N

Standard Status Active

Exterior

Foundation Details Concrete Perimeter

Lot Dimensions 60 x 150

* Excluded Features

List By

Keller Williams Preferred Rlty

Broker

transactionsmanager@mattzmegagroup.com

Affordability Calculator

$1,878

Per Month

Monthly Principal & Interest: $1,871
Monthly Property Taxes: $7
Monthly Home Insurance: --

Set your offer price

Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

THE TIME TO SELL IS NOW! What's my home worth?

Nearby

Trends
Schools

Multi-family listings in Chicago, IL

Average List Price ^$613,717

Percent of Sale Price 105%

About Chicago, IL

2,755,380 Population

-4% Since 2002

^$53,088 Median Income

36.07 Median Age

25% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

565567 Elementary School

567955 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
12/20/2025	$299,900		Listed Price

Map

More homes like this one

homes for you

See all

5200 S Prairie Avenue, Chicago, IL, 60615 is a Multi-Family Home for sale at $299,900. 5200 S Prairie Avenue has 7 bedrooms, 0.0 baths, and was built in 1903. The property's zip code is 60615 which is in Chicago, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

http://www.mredllc.com/comms/resources/DMCA_Notice.pdf

Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Data is updated as of 12/20/2025.

*Full Name

*Email

*Phone

I am interested in financing options

Get more info

By submitting the form, you agree that Weichert^® may contact you via phone or text about your inquiry, which may involve the use of automated means. You are not required to consent as a condition of purchasing any property, goods or services. For any other information please read our privacy policy.

Get more info

Looking for an Associate?

Already Working with an Associate?

5200 S Prairie Avenue

Multi-Family Home for sale in Chicago, IL

Affordability Calculator

Map

More homes like this one

Get more info about this home