5642 S Prairie Avenue Chicago, IL $ 975,000
5642 S Prairie Avenue
$ 975,000
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5642 S Prairie Avenue

Chicago, IL, 60637
$ 975,000
Bedrooms12 Baths8.0 Sq 5,250

Monthly Estimate*

$ 6,003

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Multi-Family Home for sale in Chicago, IL

for $975,000 with 12 bedrooms and 8 full baths. This 5,250 square foot home was built in 2007.

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.

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Multi-Family Active

Price

$ 975,000

Bedrooms

12

Full Bath

8

Property Type

Multi-Family

Taxes

$ 17,140

Style

Year Built

2007

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12627280

Features
General
Sewer Public Sewer
Heating Natural Gas
Possession Closing
Roof Asphalt
Zoning MULTI
Construction Materials Block
Year Built 2007
Township Hyde Park
Tax Year 2024
Ownership Fee Simple
Gross Income 111600
County Cook
Net Operating Income 84512
Insurance Expense 3448
New Construction N
Property Type Residential Income Two to Four Units
MaintenanceExpense 2400
Total Rooms 24
Status New
Directions East or west on 55th to Prairie south to property on west side of Prairie
City Chicago
High School District 299
MLS Area CHI - Washington Park
Tax Annual Amount 17140
Electric Expense 500
Water Sewer Expense 2400
Standard Status Active
Middle/Junior School District 299
Elementary School District 299
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Interior
Basement None
Total Bedrooms 12
Total Baths 8
Bedrooms Possible 12
Full Baths Building 8
Half Baths Building 0
Total Number of Units 4
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Exterior
Parking Features Assigned Off Alley Off Street Yes
Water Source Public
Total Parking 5
Lot Dimensions 4050
Waterfront Y/N N
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* Excluded Features
List By
33 Realty

Broker

gene.hart@33realty.com

Email

Affordability Calculator

$7,432
Per Month
81%
19%
0%
Monthly Principal & Interest
$6,003
Monthly Property Taxes
$1,428
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
4/23/2026$975,000 Listed Price

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5642 S Prairie Avenue, Chicago, IL, 60637 is a Multi-Family Home for sale at $975,000 with 5,250 sqft. 5642 S Prairie Avenue has 12 bedrooms, 8.0 baths, and was built in 2007. The property's zip code is 60637 which is in Chicago, IL