5637-43 S Prairie AVE, Chicago, IL 60637
5637-43 S Prairie AVE, Chicago, IL 60637
5637-43 S Prairie AVE, Chicago, IL 60637
5637-43 S Prairie AVE, Chicago, IL 60637
5637-43 S Prairie AVE, Chicago, IL 60637
5637-43 S Prairie AVE, Chicago, IL 60637
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Key Details

Property Type Multi-Family

Sub Type Multi Family 5+

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12604001

Maintenance Fees $3,000

Year Built 2026

Annual Tax Amount $1,150

Tax Year 2023

Lot Dimensions 75x161

Property Sub-Type Multi Family 5+

Property Description

New Construction 9 Unit Building by one of the Southside's Premium Developers & the Opportunity to own a trophy investment property in a rapidly appreciating neighborhood. Perfect for a 1031 Investor looking for a property with over $25,000/month in projected income (with rental and sale comps already proven by the same developer in the same area), low maintenance, and steady year-on-year upside appreciation. Each building is on an oversized lot. Each luxury simplex is a 3 bedroom, 2 bathroom Condo Quality Unit; each features a beautiful 1,500 sq ft open floorplan, each kitchen with high-end stainless steel appliances, quartz counters, and in-unit laundry. Extra insulation for noise reduction between floors and from the outside. Unbeatable location walking distance to the CTA Green Line station and two blocks from Washington Park. Projected rent roll is $8,400.

Location

State IL

County Cook

Area Chi - Washington Park

Interior

Fireplace N

Building

Dwelling Type Multi Family 5+

Midwest Real Estate Data (MRED) IDX
Listed by Lawrence Dunning of  Fulton Grace Realty 

Nearby Locations

Michael Vrielink

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(312) 970-9476

mvrielink@chicagorea.com

1941 N Elston Ave, Chicago, IL, 60642-1219, USA

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5637-43 S Prairie AVE