5714 S Prairie Ave - Apartments FOR SALE


Chicago, IL 60637- Washington Park
$799,000 USD
219-465-8584
5714 S Prairie Ave, Chicago, IL for Sale
$799,000 USD
Apartments - FOR SALE
1/54
null | 11.59% Cap Rate

5714 S Prairie Ave
Chicago, IL 60637
Washington Park


OVERVIEW

33 Realty is pleased to present for sale 5714 S Prairie Avenue, a four-unit multi-family investment property in the east Washington Park neighborhood of Chicago. This is an excellent opportunity for an OWNER-OCCUPANT OPPORTUNITY as the top floor (unit 3) 4-bed/2-bath unit was gut-rehabbed in 2026 and will be vacant upon closing. The property is composed of two 4-Bed/1-Bath, one 4-Bed/2-Bath, and one 5-Bed/2-Bath apartments that were previously renovated for individual condominiums. All units have hardwood and tile throughout, modern appliances, gas-forced-heat, granite counter tops, individual hot water tanks, and individual utilities. The residences are larger than most of the new construction in the area, ranging in size between 1,200 and 1,400 SF and feature separate dining & living areas.

FOR SALE DETAILS

PRICE

$799,000 USD

PRICE/SF

$137 USD /SF

# OF UNITS

4

PRICE/UNIT

$199,750

CAP RATE

11.59%

% LEASED

75%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1910

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

RM-5

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Gene Hart33 RealtyMore Info
219-465-8584

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Gene Hart33 RealtyMore Info
219-465-8584

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.