5419 S Wabash Ave - Apartments FOR SALE


Chicago, IL 60615- Washington Park
$750,000 USD
312-216-8000
5419 S Wabash Ave, Chicago, IL for Sale
$750,000 USD
Apartments - FOR SALE
1/13
null | Request Cap Rate

5419 S Wabash Ave
Chicago, IL 60615
Washington Park


HIGHLIGHTS

  • Renovated in 2023, offering modern amenities
  • Individual HVACs & Water Heaters (40gal)
  • Copper plumbing throughout
  • 600 Amp Service with updated eclectic panels
  • In-Unit Washer/Dryers
  • 30' x 161' Lot

OVERVIEW

Jameson Commercial Real Estate is exclusively marketing 5419 S. Wabash, a fully renovated and legal 3-unit Greystone in the dynamic Washington Park neighborhood near the University of Chicago. This classic property combines historic charm with modern updates, featuring original woodwork, hardwood floors, and formal dining rooms that add to its enduring appeal. Situated near a prominent Chicago landmark and offering easy access to public transit, the property provides an ideal blend of convenience and character for city living. Inside, each unit boasts a spacious, thoughtfully designed layout. Renovations completed in 2023 included new windows, copper plumbing, upgraded electrical service and panels, and necessary roof updates. Tuckpointing work was also performed to enhance structural integrity. Each unit is outfitted with a full HVAC system, individual 40-gallon water heaters, and an inunit washer and dryer for added comfort and convenience. The first and second floors each offer three bedrooms and two baths, while the garden-level unit includes two bedrooms and two baths. With tenants responsible for their own utilities (electric, gas, and heat), maintenance remains minimal for the owner. The property sits on an expansive 30' x 161' lot, providing a spacious backyard and room for a one-for-one parking pad at the rear. This blend of classic architecture, modern amenities, and prime location makes 5419 S. Wabash an exceptional investment opportunity in one of Chicago's most vibrant neighborhoods.

FOR SALE DETAILS

PRICE

$750,000 USD

PRICE/SF

$184 USD /SF

# OF UNITS

3

PRICE/UNIT

$250,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

3-Unit Greystone | Fully Renovated

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1908

PARKING SPACES

3

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

RT-4

APN/PARCEL ID

20-10-309-027-0000

ASK ABOUT THIS PROPERTY

Marco CesarioJameson Commercial Real EstateMore Info
312-216-8000

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Marco CesarioJameson Commercial Real EstateMore Info
312-216-8000

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.