5419 S Wabash Ave | Chicago, IL 60615
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5419 S Wabash Ave
Chicago, IL 60615
3-Unit Greystone | Fully Renovated · Multifamily Property For Sale · 3 Units
Investment Highlights
- Renovated in 2023, offering modern amenities
- Copper plumbing throughout
- In-Unit Washer/Dryers
- Individual HVACs & Water Heaters (40gal)
- 600 Amp Service with updated eclectic panels
- 30' x 161' Lot
Executive Summary
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.
PROPERTY FACTS
| Price Per Unit | $256,667 | Building Size | 4,082 SF |
| Sale Type | Investment | No. Stories | 2 |
| No. Units | 3 | Year Built/Renovated | 1908/2023 |
| Property Type | Multifamily | Parking Ratio | 0.73/1,000 SF |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Apartment Style | Low Rise |
| Price Per Unit | $256,667 |
| Sale Type | Investment |
| No. Units | 3 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Size | 4,082 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1908/2023 |
| Parking Ratio | 0.73/1,000 SF |
| Opportunity Zone |
Yes |
Amenities
- Smoke Detector
Unit Amenities
- Air Conditioning
- Cable Ready
- Dishwasher
- Microwave
- Washer/Dryer
- Heating
- Ceiling Fans
- Kitchen
- Hardwood Floors
- High Speed Internet Access
- Range
- Dining Room
- Double Pane Windows
- Family Room
- Island Kitchen
- Lawn
- Linen Closet
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+2 | 1 | $1,200 | 1,300 |
| 3+2 | 2 | $1,925 | 1,300 |
PROPERTY TAXES
| Parcel Number | 20-10-309-027-0000 | Improvements Assessment | $24,095 |
| Land Assessment | $16,905 | Total Assessment | $41,000 |
PROPERTY TAXES
Parcel Number
20-10-309-027-0000
Land Assessment
$16,905
Improvements Assessment
$24,095
Total Assessment
$41,000
zoning
| Zoning Code | RT-4 |
| RT-4 |
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