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31622458
31622459

5637 S Prairie Avenue, Chicago, IL 60637

LD
IL IL 475164126
Fulton Grace
Listed by Fulton Grace
$999,000
223 days on market
Updated 8 days ago
Opportunity zone

New Construction in Prime Washington Park Location

Details
APN 20151010140000
Property Type Multifamily
Sub Type Apartment Building
Square Footage 4,500
Units 3
Price per SqFt $222
Year Built 2026
Buildings 3
Stories 1
Parking Spaces 3 spaces
Parking Per SqFt 0.67
Investment Type Owner/User

Multifamily | 3 Units | $333,000/unit

Marketing description

BRAND NEW CONSTRUCTION 3 Unit on an oversized lot. Each luxury simplex is an oversized 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. Developed by Woodlawn's premier New Construction builder, this home is ready for immediate occupancy and comes with a one-year builder warranty. This is an opportunity to own a trophy investment property in a rapidly appreciating neighborhood. Schedule a private showing today to experience the exceptional craftsmanship and modern design firsthand.

Investment highlights

Gorgeous NEW Construction 3-unit in Booming Washington Park. Set alongside multiple other New Developments, this is 6 weeks from completion. Built by an experienced local builder and includes 1 year developer's warranty. Contemporary & Modern design with the perfect blend of city living and convenience, close to the Green Line just a short walk away and the University of Chicago and Obama Library. Each unit has a spacious, open-concept layout and condo quality features, such as 42" cabinets, stainless steel appliances, recessed lighting, in unit laundry, and beautifully tiled floors. Each unit is a large, over 1,500 sq ft 3 bed/ 2 bath, with a luxury master bathroom at the rear. The units will rent easily and proforma rents are $8,400/month. Top unit features a vaulted ceiling and decorative railings for an added touch of luxury. Additionally, the developer added soundproofing for added privacy. Prime investment opportunity, positioned for cash flow, appreciation and creating generational wealth in this high inflation environment. Can arrange property management for any out-of-state buyers.

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Listing Contacts

LD
IL IL 475164126
Fulton Grace
Listed by Fulton Grace

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Additional Information

Name
Lawrence Dunning
License
IL 475164126
Brokerage Phone
7736986648
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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