5201 South Wabash, Chicago IL 60615
$1,049,000

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Property Description

Recent New Construction in Booming Washington Park. Massive upside with tenants that are far beyond market rents. Large 3-bedroom 2-bath units, set on mammoth 161 deep lot. Fully Appointed Kitchen Cabinetry, Integrated Appliances, Quartz Island Custom Back splash, Engineered Hardwood floors, Curated Gallery of Cohesive Design offering relief from ordinary, sequestered primary suite, lifestyles primary bathroom offer Opulent over sized Shower w/ Frame less Glass, & Custom Mirrors and designer plumbing fixtures. Professional closet organizers throughout, unbelievable outdoor space w/entertainment size deck overlooking a huge fenced yard. Urban Intimacy w/ Hyper Convenience. Hyper Convenient, 5-minute walk to the Green Line. Perfect for investors OR owner occupant (Top unit will be vacant at the end of July.

Features & Information

Key Details

  • List Price $1,049,000
  • Property Taxes $21,038.21
  • Price/ Sq. Ft. Unavailable
  • Year Built 2022
  • Parking Type Space/s
  • Status Active

Rooms

  • Total Rooms 18
  • Basement N

Exterior Features

  • Parking

  • Parking Details Space/s
  • # of Cars:  3

Building Information

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

  • Unit 1 Stove, Refrigerator, Washer, Dryer, Dishwasher, Microwave, Disposal, Central Air Conditioner, Laundry Hook-Up, Hardwood Floors, Walk-In Closet
  • Unit 2 Stove, Refrigerator, Washer, Dryer, Dishwasher, Microwave, Disposal, Central Air Conditioner, Laundry Hook-Up, Hardwood Floors, Walk-In Closet
  • Unit 3 Stove, Refrigerator, Washer, Dryer, Dishwasher, Microwave, Disposal, Central Air Conditioner, Cathedral Ceilings, Hardwood Floors, Walk-In Closet

Location

  • County Cook
  • Township Hyde Park
  • Corporate Limits Chicago
  • Directions to Property South On Wabash Ave To Property
  • Schools

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

  • Tax 21038.21
  • Tax Year 2023
  • Tax Exemptions None
  • Parcel Identification Number 20103010790000

Utilities

  • Sewer Sewer-Publ

Listed by Lawrence Dunning for Main Street Real Estate Group | Source: MRED as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 6/1/2025 4:02 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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