4-unit, 2007 construction, perfect OWNER-OCCUPANT investment opportunity in appreciating east Washington Park! Units 1 and 2 are currently vacant for owner-occupancy. All four units are 3-bed / 2-bath and have in-unit laundry hook-ups, hardwood and tile throughout, modern appliances, gas-forced-heat / central air, in-unit hot water tanks, and individual utilities. The units are larger than than most of the new construction in the area, ranging in size between 1,200 and 1,400 SF. The property has had extensive improvements in the last year to the interior and exterior. Other notable features: steel porches with individual outdoor spaces, sump pump and grinder pump, breaker panels in-unit, five exterior parking spaces with automatic gate, common coin laundry, new carpet and paint in common hallway, granite countertops with islands, separate living and dining areas, and updated lighting and bathroom fixtures. All kitchens have refrigerators, dishwashers, gas stoves, built-in microwaves, and condo-quality cabinetry. This is a fantastic opportunity for an owner-occupant to occupy one unit and benefit from the income from the other three units.
Property Details
Price:
$975,000
MLS #:
MRD12627280
Status:
Active
Beds:
12
Baths:
8
Type:
Multi Family
Neighborhood:
chiwashingtonpark
Listed Date:
Apr 23, 2026
Year Built:
2007
See this Listing
Schools
School District:
299
Interior
Heating
Natural Gas
Exterior
Construction Materials
Block
Parking Features
Assigned, Off Alley, Off Street, Yes
Parking Spots
5
Parking Total
5
Roof
Asphalt
Financial
Maintenance Fee
$2,400
Tax Year
2024
Taxes
$17,140
Map
Community
- Address5642 S Prairie Avenue Chicago IL
- CityChicago
- CountyCook
- Zip Code60637
Market Summary
Current real estate data for Multi Family in Chicago as of Jun 10, 2026
1,381
Multi Family Listed
80
Avg DOM
$526,232
Avg List Price
Property Summary
- 5642 S Prairie Avenue Chicago IL is a Multi Family for sale in Chicago, IL, 60637. It is listed for $975,000
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Copyright 2026. All rights reserved.
5642 S Prairie Avenue
Chicago, IL


