5419 S Wabash Avenue Chicago, IL $ 715,000
5419 S Wabash Avenue
$ 715,000
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5419 S Wabash Avenue

Chicago, IL, 60615
$ 715,000
Bedrooms8 Baths6.0

Monthly Estimate*

$ 4,402

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Multi-Family Home for sale in Chicago, IL

for $715,000 with 8 bedrooms and 6 full baths. This home was built in 1908.

Own a timeless piece of Washington Park with this exceptional jumbo 3-unit Graystone, ideally located just minutes from the University of Chicago and the highly anticipated Obama Presidential Center. This beautifully renovated 8-bedroom, 6-bath multi-family property was fully rehabbed in 2023, blending classic architectural charm with modern updates and strong income potential. Each expansive unit is thoughtfully designed with its own HVAC system, electric, and water heater, offering both comfort and efficiency. Updated kitchens feature stainless steel appliances including stove, refrigerator, microwave, and dishwasher, along with the convenience of in-unit washer and dryer. Contemporary finishes throughout, including private master bathrooms in every unit, elevate the living experience. Unit 1 will be delivered vacant, presenting an excellent opportunity for an owner-occupant to reduce their mortgage with rental income. Projected annual rents of $62,000 make this a compelling investment for both seasoned and first-time investors alike. Additional highlights include rear off-street parking and eligibility for FHA financing, additional cost savings for owner occupants with reduced taxes. A rare, turnkey opportunity in one of Chicago's fastest-growing communities-ideal for owner-occupants, house hackers, or savvy investors looking to secure long-term value.

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Multi-Family Active

Price

$ 715,000

Bedrooms

8

Full Bath

6

Property Type

Multi-Family

Taxes

$ 8,267

Style

Year Built

1908

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12598776

Features
General
Sewer Public Sewer
Heating Natural Gas Forced Air
Possession Closing
Roof Asphalt Flat
Zoning MULTI
Construction Materials Aluminum Siding Brick Concrete
Year Built 1908
Township Hyde Park
Tax Year 2024
Ownership Fee Simple
Gross Income 62000
Community Features Curbs Sidewalks Street Lights Street Paved
County Cook
Insurance Expense 2896
New Construction N
Property Type Residential Income Two to Four Units
Total Rooms 18
Status New
Directions 55th st E/W to Wabash Wabash north to address
City Chicago
High School District 299
MLS Area CHI - Washington Park
Tax Annual Amount 8267
Electric Expense 450
Water Sewer Expense 1700
Standard Status Active
Middle/Junior School District 299
Elementary School District 299
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Interior
Basement Finished Exterior Entry Egress Window Full
Total Bedrooms 8
Total Baths 6
Bedrooms Possible 8
Full Baths Building 6
Half Baths Building 0
Total Number of Units 3
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Exterior
Parking Features Off Alley Off Street Alley Access Yes Owned
Water Source Lake Michigan Public
Total Parking 3
Foundation Details Concrete Perimeter
Lot Dimensions 30 X 161
Waterfront Y/N N
Other Equipment CO Detectors Ceiling Fan(s) Sump Pump Water Heater-Gas
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* Excluded Features
List By
Keller Williams Preferred Rlty

Broker

soldbynikia@kw.com; contracts.soldbynikia@gmail.com

Email

Affordability Calculator

$5,091
Per Month
86%
14%
0%
Monthly Principal & Interest
$4,402
Monthly Property Taxes
$689
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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.
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Nearby
566059 Elementary School
566846 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/23/2026$715,000 Listed Price

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5419 S Wabash Avenue, Chicago, IL, 60615 is a Multi-Family Home for sale at $715,000. 5419 S Wabash Avenue has 8 bedrooms, 6.0 baths, and was built in 1908. The property's zip code is 60615 which is in Chicago, IL