5905 South Prairie, Chicago IL 60637
$714,999

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Property Description

Calling all investors and owner occupants to this Washington Park Gem! Located 1.5 miles away from the University of Chicago. Features 3 units; 3 beds and 2 baths in each unit, with stainless steel appliances and a master bathroom Suite. Each unit has its own modern washer and dryer, and separate heating. The basement can also be converted to a legal unit. The backyard is perfect for entertaining with built-in barbecue grill and bench for seating! Recently renovated in 2020 and updated again in 2021. 2021 updates include: New Porch, garage built with electrical to include Electrical Vehicle plug, backyard paved, rear of building painted. New 1st floor HVAC in 2023. THE PROPERTY WAS RECENTLY APPRAISED; LIST PRICE IS AT THE APPRAISED VALUE. Rents in the area range from $1,700- $2,300. Units 1 and 2 are vacant; Unit 3 is owner occupied. Schedule a tour and prepare to make passive income as a landlord today!

Features & Information

Key Details

  • List Price $714,999
  • Property Taxes $3,421
  • Price/ Sq. Ft. Unavailable
  • Year Built 1895
  • Parking Type Garage
  • Status Active

Rooms

  • Total Rooms 15
  • Basement F

Exterior Features

  • Parking

  • Parking Details Garage
  • # of Cars:  2
  • # of Garage Spaces:  Garage Door Opener(s)

Building Information

  • Number of Units 3
  • Age of Building 100+ Years
  • Exterior Construction Brick
  • Foundation Concrete
  • Heating & Cooling Gas, Forced Air
  • Units

  • Unit 1 Stove, Refrigerator, Washer, Dryer, Dishwasher, Microwave, Central Air Conditioner
  • Unit 2 Stove, Refrigerator, Washer, Dryer, Dishwasher, Microwave, Central Air Conditioner, Walk-In Closet
  • Unit 3 Stove, Refrigerator, Washer, Dryer, Dishwasher, Microwave, Central Air Conditioner, Cathedral Ceilings, Walk-In Closet

Location

  • County Cook
  • Township Hyde Park
  • Corporate Limits Chicago
  • Directions to Property South On King Drive To 60th Street; Turn Right To Drive West To Prairie.
  • Schools

  • Elementary School District 299
  • School Name Dulles Elementary School
  • Junior High District 299
  • School Name Dulles Elementary School
  • High School District: 299
  • School Name Phillips Academy High Sch
  • Property Taxes

  • Tax 3421
  • Tax Year 2022
  • Tax Exemptions Homeowner
  • Parcel Identification Number 20153040020000

Utilities

  • Sewer Sewer-Publ

Listed by Kameelah Paulk for Ani Real Estate | Source: MRED as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 9/7/2024 11:32 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Explore Washington Park

For now Chicago's Washington Park neighborhood may be a predominantly residential south side community with a sprawling public park and rich culture of African-American heritage, however, as the potential site of the Olympic Stadium for the 2016 Summer Games, this modest neighborhood could really make its mark in the near future. Remnants of the last century's architectural movement are found throughout the area, with a wave of new designs and gut rehabs dusting the streets as well. As Olympic talk heightens, developers and city officials are anticipating the impact such a huge event would have on Washington Park. Temporary athlete lodgings and the massive 80,000-seat arena would only be around for a short period, but the hope is that a surge of new businesses would ride in on the coattails of this once-in-a-lifetime opportunity to bolster the Washington Park neighborhood for decades to come. The current commercial base is slight, with a few soul food mainstays and Chinese takeout, but the annual cultural festivals and fun Park District programs keep things on the up as Washington Park awaits an impending transformation of Olympic proportions.

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