5852 South Prairie, Chicago IL 60637
- Units 4
- Total Beds 12
- Total Baths 8
- Taxes $4,518
- Payment Estimate View Mortgage Calculator
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Property Description
A Rare 4-Unit Investment Opportunity in Washington Park! Discover this gem, located just five minutes from the prestigious University of Chicago and Booth School of Business. Whether you're looking to expand your portfolio or find a beautiful place to call home, this property offers incredible value. Each spacious unit features three bedrooms, two bathrooms, and a perfect blend of modern amenities and classic charm. Original hardwood floors and open-concept layouts create a bright, welcoming atmosphere, with large windows flooding each space with natural light. Every unit includes its own washer and dryer, adding unmatched convenience. Entertain guests on your private deck. Generous living areas, cozy fireplaces, and separate dining spaces ensure a comfortable, homey feel. This is more than just a property-it's an investment in your lifestyle. Whether you're an overseas investor seeking steady cash flow in a stable Midwestern market or a savvy local house hacker looking to maximize rental income, this property might be your perfect deal. Imagine the potential for Airbnb just minutes from the University of Chicago Medical Center. With dedicated private parking for each unit, luxury and convenience are at your fingertips. Opportunities like this don't come often. Schedule your showing today and unlock the potential of this rare treasure! We are also offering a basically identical property on the same block at 5848 S. Prairie and would be open to a portfolio deal. Thank you very much for your interest. Have a great day.
Features & Information
Key Details
- List Price $1,250,000
- Property Taxes $4,518
- Price/ Sq. Ft. Unavailable
- Year Built 2006
- Parking Type Space/s
- Status Active
Rooms
- Total Rooms 24
- Basement N
Exterior Features
-
Parking
- Parking Details Space/s
- # of Cars: 4
Building Information
- Number of Units 4
- Age of Building 16-20 Years
- Exterior Construction Brick
- Foundation Concrete
- Heating & Cooling Gas, Forced Air
-
Units
- Unit 1 Stove, Refrigerator, Washer, Dryer, Dishwasher, Microwave, Central Air Conditioner, Fireplace-Artificial, Laundry Hook-Up, Hardwood Floors
- Unit 2 Stove, Refrigerator, Washer, Dryer, Dishwasher, Microwave, Central Air Conditioner, Fireplace-Artificial, Laundry Hook-Up, Hardwood Floors
- Unit 3 Stove, Refrigerator, Washer, Dryer, Dishwasher, Microwave, Central Air Conditioner, Fireplace-Artificial, Laundry Hook-Up, Hardwood Floors
- Unit 4 Stove, Refrigerator, Washer, Dryer, Dishwasher, Microwave, Central Air Conditioner, Fireplace-Artificial, Laundry Hook-Up, Hardwood Floors
Location
- County Cook
- Township Hyde Park
- Corporate Limits Chicago
- Directions to Property 55th To Prairie South To Property
-
Schools
- Elementary School District 299
- Junior High District 299
- High School District: 299
-
Property Taxes
- Tax 4518.00
- Tax Year 2022
- Parcel Identification Number 20151220470000
Utilities
- Sewer Sewer-Publ
Listed by Roberto Montano for Engel & Voelkers Chicago | Source: MRED as distributed by MLS GRID
Based on information submitted to the MLS GRID as of 12/24/2024 7:32 AM. 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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