5419 S Wabash Avenue, Chicago, IL
  • $699,900

Description

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 NEW 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. 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.

  • Listing Courtesy of: Keller Williams Preferred Rlty

Details

Updated on June 27, 2026 at 7:33 am
  • Property ID MRD12681458
  • Price $699,900
  • Bedrooms 8
  • Year Built 1908
  • Property Type Multi Family
  • Property Status Active
  • Parking Total 3
  • Parcel Number 20103090270000
  • Water Source Lake Michigan,Public
  • Sewer Public Sewer
  • MLS Status Active
  • Days On Market 10
  • Cumulative Days On Market 156
  • Tax Annual Amount 8267
  • Heating Natural Gas,Forced Air
  • Parking Features Off Alley,Off Street,Alley Access,Yes,Owned
  • Directions 55th st E/W to Wabash, Wabash north to address
  • Zoning MULTI
  • Address 5419 S Wabash Avenue
  • City Chicago
  • State/county IL
  • Zip/Postal Code 60615
  • Country United States

Overview

Property ID: MRD12681458
  • Multi Family
  • Property Type
  • 8
  • Bedrooms
  • 1908
  • Year Built

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