5714 S Prairie Avenue, Chicago IL 60637
- Units 4
- Taxes $14,763
- Payment Estimate View Mortgage Calculator
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Property Description
Impressive 4-unit building in PRIME Washington Park that is perfect for an investor, owner occupant or Airbnb! This building is comprised of one 4 bedroom 2 bathroom penthouse unit, one 5 bedroom 2 bathroom unit on the second floor and two 4 bedroom 1 bathroom units on the first floor and the garden unit. Updates includes a remodeled 4 bedroom 2 bathroom penthouse unit, a newer tear off roof (within the last 7 years), newer hot water tanks (within the last 5 years), newer furnaces in each unit (except for the 1st floor), newer rear porch and some recent tuck pointing. Each unit has its own in-unit washer and dryer! All units are between 1,200-1,400 square feet. The penthouse unit features a new kitchen with new granite countertops, white cabinets and stainless steel appliances, new baths, new hardwood floors and a primary bedroom suite with large walk-in closet and en suite bathroom! Tenants pay ALL utilities. Rents can be increased to maximize the building's true income potential! Conveniently located close to the University of Chicago, Washington Park, public transportation, schools, parks and more! Don't miss out! Check out the 3D tour!
Features & Information
Key Details
- List Price $724,900
- Property Taxes $14,763
- Year Built 2006
- Status Active
- List Market Time 13
Units
-
Unit 1
- Floor G
- Rooms 7
- Beds 4
- Baths 1
- Appliances Stove, Refrigerator, Hardwood Floors
- Rent $1,500/mo
- Tenant Pays All
- Lease Expires 09/26
-
Unit 2
- Floor 1
- Rooms 9
- Beds 4
- Baths 1
- Appliances Stove, Refrigerator, Laundry Hook-Up, Hardwood Floors
- Rent $1,420/mo
- Tenant Pays All
- Lease Expires MTM
-
Unit 3
- Floor 2
- Rooms 9
- Beds 5
- Baths 2
- Appliances Stove, Refrigerator, Laundry Hook-Up, Hardwood Floors
- Rent $1,600/mo
- Tenant Pays All
- Lease Expires MTM
-
Unit 4
- Floor 3
- Rooms 9
- Beds 4
- Baths 2
- Appliances Stove, Refrigerator, Washer, Dryer, Dishwasher, Microwave, Disposal, Central Air Conditioner, Laundry Hook-Up, Hardwood Floors
- Tenant Pays All
- Lease Expires VCT
Exterior Features
-
Parking
- # of Cars: 2
Building Information
- Number of Units 4
- Age of Building 16-20 Years
Location
- County Cook
- Township Hyde Park
- Corporate Limits Chicago
- Directions to Property 59th Street E/w To Prairie Avenue North To Address
-
Schools
- Elementary School District 299
- Junior High District 299
- High School District: 299
-
Property Taxes
- Tax 14762.92
- Tax Year 2024
- Tax Exemptions None
- Parcel Identification Number 20151160261001
Listed by Vergis Eiland for @properties Christie's International Real Estate | Source: MRED as distributed by MLS GRID
Based on information submitted to the MLS GRID as of 8/11/2026 12:32 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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