5822 South Wabash, Chicago IL 60637
$1,100,000

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Property Description

Luxury New Construction 3-Flat in Washington Park - Premier Investment Opportunity Experience the pinnacle of modern urban living with this meticulously designed new construction three-unit residence in the thriving Washington Park neighborhood. Designed for discerning buyers, investors, and 1031 exchange opportunities, this turnkey property combines architectural sophistication with high-end functionality, offering an exceptional standard of living and long-term value. Each 1,800 sq. ft. unit is thoughtfully crafted with three spacious bedrooms and two full bathrooms, showcasing an expansive footprint and designer-curated finishes. The interiors feature wide-plank blonde hardwood flooring, floor-to-ceiling 180-degree glass walls, and custom push-close cabinetry with built-in drawers, elevating the living experience beyond traditional builder-grade construction. The floor plan is designed for both elegance and practicality, with custom lighting accents throughout to enhance each space's aesthetic appeal. The professional-grade chef's kitchen is equipped with custom cabinetry, high-end stainless steel or integrated appliances, a quartz waterfall island, and a custom backsplash with accent lighting. Each unit's formal living and dining areas are designed for entertaining and daily luxury, while the private rear terraces and patios provide additional outdoor space. The primary suite is a secluded retreat, featuring a large walk-in closet and an expansive, private layout. The en-suite spa-inspired bathroom includes an oversized frameless glass shower, a soaking tub, and private water closet, double vanity sinks, and designer plumbing fixtures, offering an unparalleled level of sophistication and comfort. Additional features include in-unit washer/dryer, high-efficiency furnaces, tankless water heaters, and dedicated 200-AMP Electrical panels for each unit. The separate maintenance closet with baseboard heating outside unit 1 with exterior entry, timed lighting in common spaces, and separate mechanicals for each residence further enhance the property's efficiency and functionality. Designed for privacy and security, the building offers gated entry with a buzzer system and is security camera compatible. The 2-car garage plus an additional exterior parking space ensures ample convenience for residents. Positioned in a highly desirable location, this property provides easy access to Washington Park, public transportation, and Chicago's premier cultural and business districts. Developed by an experienced builder with over 19 years of expertise, this home is ready for immediate occupancy and comes with a one-year builder warranty. This is an exclusive opportunity to own a trophy investment property in a rapidly appreciating neighborhood. Schedule a private showing today to experience the exceptional craftsmanship and modern design firsthand. *LOOKING TO PURCHASE MULTIPLE 5922 S CALUMET COMING SOON.

Features & Information

Key Details

  • List Price $1,100,000
  • Property Taxes NEW
  • Price/ Sq. Ft. Unavailable
  • Year Built 2024
  • Parking Type Garage,Space/s
  • Status Active

Rooms

  • Total Rooms 21
  • Basement N

Exterior Features

  • Parking

  • Parking Details Garage,Space/s
  • # of Cars:  3
  • # of Garage Spaces:  Garage Door Opener(s),7 Foot or more high garage door

Building Information

  • Number of Units 3
  • Age of Building 1-5 Years
  • Exterior Construction Brick,Fiber Cement
  • Foundation Concrete
  • Heating & Cooling Gas
  • Units

  • Unit 1 Stove, Refrigerator, Washer, Dryer, Dishwasher, Microwave, Laundry Hook-Up, Hardwood Floors, Walk-In Closet
  • Unit 2 Stove, Refrigerator, Washer, Dryer, Dishwasher, Microwave, Garage/Space, Laundry Hook-Up, Hardwood Floors, Walk-In Closet
  • Unit 3 Stove, Refrigerator, Washer, Dryer, Dishwasher, Microwave, Garage/Space, Laundry Hook-Up, Range Hood, Hardwood Floors, Walk-In Closet

Location

  • County Cook
  • Township Hyde Park
  • Corporate Limits Chicago
  • Directions to Property From I-90 (dan Ryan Expressway), Take Exit 58a For Garfield Blvd/55th St And Turn Left Onto Garfield Blvd (55th St). Continue Straight, Then Turn Right Onto State St. After A Short Distance, Make A Left Onto 58th St, Followed By A Right Onto Wabash Ave. Y
  • Schools

  • Elementary School District 299
  • School Name Wadsworth Elementary Scho
  • Junior High District 299
  • School Name Carnegie Elementary Schoo
  • High School District: 299
  • Property Taxes

  • Tax NEW
  • Tax Year 2023
  • Parcel Identification Number 20151190260000

Utilities

  • Sewer Sewer-Publ

Listed by Kenya Hunter for KBM Realty | Source: MRED as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 2/24/2025 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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