5714 South Prairie, Chicago IL 60637
- Units 4
- Total Beds 18
- Total Baths 6
- Taxes $9,419.80
- Payment Estimate View Mortgage Calculator
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Property Description
ATTENTION OWNER-OCCUPANTS! We are 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 as the top floor (unit 3) 5-bed/2-bath unit is currently being gut-rehabbed and will be vacant upon closing. The property is composed of two 4-Bed/1-Bath & two 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 separate utilities. The residences are larger than most of the new construction in the area, ranging in size between 1,200 and 1,300 SF and feature separate dining & living areas. The rents in the three occupied units are significantly below market.
Features & Information
Key Details
- List Price $900,000
- Property Taxes $9,419.80
- Price/ Sq. Ft. Unavailable
- Year Built 2006
- Parking Type Space/s
- Status Active
Rooms
- Total Rooms 32
- Basement N
Exterior Features
-
Parking
- Parking Details Space/s
- # of Cars: 2
Building Information
- Number of Units 4
- Age of Building 16-20 Years
- Exterior Construction Brick,Block
- Foundation Concrete
- Heating & Cooling Gas, Forced Air
-
Units
- Unit 1 Stove, Refrigerator, Hardwood Floors
- Unit 2 Stove, Refrigerator, Laundry Hook-Up, Hardwood Floors
- Unit 3 Stove, Refrigerator, Laundry Hook-Up, Hardwood Floors
- Unit 4 Stove, Refrigerator, Washer, Dryer, Dishwasher, Microwave, Disposal, Central Air Conditioner, Laundry Hook-Up, Hardwood Floors
Location
- County Cook
- Township Hyde Park
- Corporate Limits Chicago
- Directions to Property East Or West On 57th St To Prairie Ave, South On Prairie Ave To Property
-
Schools
- Elementary School District 299
- Junior High District 299
- High School District: 299
-
Property Taxes
- Tax 9419.80
- Tax Year 2023
- Tax Exemptions None
- Parcel Identification Number 20151160261001
Utilities
- Sewer Sewer-Publ
Listed by: 33 Realty | Phone: 773.327.4975
Source: MRED as distributed by MLS GRID
Based on information submitted to the MLS GRID as of 10/27/2025 5:02 PM. 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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