5419 S Wabash Ave Chicago, IL 60615
Washington Park NeighborhoodEstimated payment $4,191/month
Highlights
- Forced Air Heating System
- Fenced
- Paved or Partially Paved Lot
- Ceiling Fan
About This Home
Hot Washington Park 3-Unit Graystone! Perfectly situated 1 mile from University of Chicago and 1.5 miles from Obama Library! This stunning 8 bed / 6 bath multi-family building was fully rehabbed in 2023 and offers incredible income potential with projected rents of $62,000 annually. Unit 1 will be delivered vacant at closing-perfect for owner-occupants or investors looking to place their own tenant! Each spacious unit features separate HVAC, electric, and water heaters, along with updated kitchens equipped with stainless steel appliances (stove, refrigerator, microwave, dishwasher) plus in-unit washer and dryer. Modern finishes throughout make this a true turnkey investment. Rear off-street parking adds extra convenience. FHA welcomed! Take advantage of this rare opportunity to own a beautifully renovated Graystone in rapidly developing Washington Park! Ideal for house-hackers or savvy investors!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,080
Year Built
- Built in 1908 | Remodeled in 2023
Lot Details
- Lot Dimensions are 30 x 161
- Fenced
- Paved or Partially Paved Lot
Home Design
- Flat Roof Shape
- Brick Exterior Construction
- Asphalt Roof
- Concrete Block And Stucco Construction
- Concrete Perimeter Foundation
Interior Spaces
- Ceiling Fan
- Carbon Monoxide Detectors
Bedrooms and Bathrooms
- 8 Bedrooms
- 8 Potential Bedrooms
- 6 Bathrooms
Basement
- Basement Fills Entire Space Under The House
- Sump Pump
Parking
- 3 Parking Spaces
- Alley Access
- Off-Street Parking
- Off Alley Parking
- Parking Included in Price
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
- Lake Michigan Water
- Gas Water Heater
Community Details
Overview
- 3 Units
Building Details
- Insurance Expense $2,355
- Gross Income $62,000
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/16/2025 11/16/25 | For Sale | $715,000 | +186.0% | -- | |
| 06/10/2022 06/10/22 | Sold | $250,000 | -9.1% | -- | View Prior Sale |
| 11/08/2021 11/08/21 | Pending | -- | -- | -- | |
| 10/22/2021 10/22/21 | For Sale | $275,000 | -- | -- |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12518912
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