5637-43 S Prairie Avenue Chicago, IL ^$ 3,025,000

5637-43 S Prairie Avenue

^$ 3,025,000

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Recently Listed New Construction

5637-43 S Prairie Avenue

Chicago, IL, 60637

^$ 3,025,000

Bedrooms3 Baths0.0

Monthly Estimate*

^$ 18,625

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Multi-Family Home for sale in Chicago, IL

for $3,025,000 with 3 bedrooms. This home was built in 2026.

New Construction 9 Unit Building by one of the Southside's Premium Developers & the Opportunity to own a trophy investment property in a rapidly appreciating neighborhood. Perfect for a 1031 Investor looking for a property with over $25,000/month in projected income (with rental and sale comps already proven by the same developer in the same area), low maintenance, and steady year-on-year upside appreciation. Each building is on an oversized lot. Each luxury simplex is a 3 bedroom, 2 bathroom Condo Quality Unit; each features a beautiful 1,500 sq ft open floorplan, each kitchen with high-end stainless steel appliances, quartz counters, and in-unit laundry. Extra insulation for noise reduction between floors and from the outside. Unbeatable location walking distance to the CTA Green Line station and two blocks from Washington Park. Projected rent roll is $8,400.

Multi-Family Active

Price

^$ 3,025,000

Bedrooms

Property Type

Multi-Family

Taxes

^$ 1,150

Style

Year Built

2026

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12604001

Features

General

Year Built 2026

Stories Count 3

Tax Year 2023

Gross Income 302400

County Cook

Net Operating Income 225540

Operating Expense 87600

Insurance Expense 7500

Property Type Commercial Sale Multi Family 5+

MaintenanceExpense 3000

Status New

Directions TAKE PRAIRIE SOUTH TO PROPERTY

City Chicago

Number Of Units Total 9

MLS Area CHI - Washington Park

Tax Annual Amount 1150

Electric Expense 1500

Fuel Expense 0

Trash Expense 2500

Water Sewer Expense 7500

Additional Parcels Y/N N

Standard Status Active

Exterior

Lot Dimensions 75x161

* Excluded Features

List By

Fulton Grace Realty

Broker

lawrence@fultongrace.com

Affordability Calculator

$18,721

Per Month

Monthly Principal & Interest: $18,625
Monthly Property Taxes: $96
Monthly Home Insurance: --

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Yearly 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

Trends
Schools

Multi-family listings in Chicago, IL

Average List Price ^$614,831

Percent of Sale Price 80%

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
3/30/2026	$3,025,000		Listed Price

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5637-43 S Prairie Avenue, Chicago, IL, 60637 is a Multi-Family Home for sale at $3,025,000. 5637-43 S Prairie Avenue has 3 bedrooms, 0.0 baths, and was built in 2026. The property's zip code is 60637 which is in Chicago, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

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.

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Data is updated as of 3/30/2026.

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5637-43 S Prairie Avenue

Multi-Family Home for sale in Chicago, IL

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