5419 S Wabash Avenue, Chicago, IL 60615
Local realty services provided by:ERA Naper Realty
5419 S Wabash Avenue,Chicago, IL 60615
$699,900
- 8 Beds
- 6 Baths
- - sq. ft.
- Multi-family
- Active
Listed by: nikia evans
Office: keller williams preferred rlty
MLS#:12605934
Source:MLSNI
Price summary
- Price:$699,900
About this home
Own a timeless piece of Washington Park with this exceptional jumbo 3-unit Graystone, ideally located just minutes from the University of Chicago and the highly anticipated Obama Presidential Center. This beautifully renovated 8-bedroom, 6-bath multi-family property was fully rehabbed in 2023, blending classic architectural charm with modern updates and strong income potential. Each expansive unit is thoughtfully designed with its own HVAC system, electric, and water heater, offering both comfort and efficiency. Updated kitchens feature stainless steel appliances including stove, refrigerator, microwave, and dishwasher, along with the convenience of in-unit washer and dryer. Contemporary finishes throughout, including private master bathrooms in every unit, elevate the living experience. Unit 1 will be delivered vacant, presenting an excellent opportunity for an owner-occupant to reduce their mortgage with rental income. Projected annual rents of $62,000 make this a compelling investment for both seasoned and first-time investors alike. Additional highlights include rear off-street parking and eligibility for FHA financing, additional cost savings for owner occupants with reduced taxes. A rare, turnkey opportunity in one of Chicago's fastest-growing communities-ideal for owner-occupants, house hackers, or savvy investors looking to secure long-term value....
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Home facts
- Year built:1908
- Listing ID #:12605934
- Added:1 day(s) ago
- Updated:March 31, 2026 at 04:51 PM
Rooms and interior
- Bedrooms:8
- Total bathrooms:6
- Full bathrooms:6
- Rooms Total:18
- Basement:Yes
- Basement Description:Egress Window, Finished, Full
Heating and cooling
- Heating:Forced Air, Natural Gas
Structure and exterior
- Roof:Asphalt, Flat
- Year built:1908
- Foundation Description:Concrete Perimeter
Utilities
- Water:Lake Michigan, Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$699,900
- Tax amount:$8,267 (2024)
Features and amenities
- Amenities:CO Detectors, Ceiling Fan(s), Sump Pump
Parking
- Total parking spaces:3
- Parking description:Off Alley, Off Street
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