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31220045
31220063

5419 S Wabash Avenue, Chicago, IL 60615

Century 21 Affiliated
Listed by Century 21 Affiliated
$699,900
101 days on market
Updated 8 days ago
Opportunity zone

5419 S Wabash Avenue

Details
APN 20103090270000
Property Type Multifamily
Sub Type Apartment Building
Year Built 1908
Zoning MULTI
Parking Spaces 3 spaces

Multifamily

Marketing description

Own a timeless piece of Washington Park with this exceptional jumbo 3-unit Graystone, ideally located just minutes from the University of Chicago and the NEW Obama Presidential Center. This beautifully renovated 8-bedroom, 6-bath multi-family property was fully rehabbed in 2023, blending classic architectural charm with modern updates and strong income potential. Each expansive unit is thoughtfully designed with its own HVAC system, electric, and water heater, offering both comfort and efficiency. Updated kitchens feature stainless steel appliances including stove, refrigerator, microwave, and dishwasher, along with the convenience of in-unit washer and dryer. Contemporary finishes throughout, including private master bathrooms in every unit, elevate the living experience. Unit 1 will be delivered vacant, presenting an excellent opportunity for an owner-occupant to reduce their mortgage with rental income. Projected annual rents of $62,000 make this a compelling investment. Additional highlights include rear off-street parking and eligibility for FHA financing, additional cost savings for owner occupants with reduced taxes. A rare, turnkey opportunity in one of Chicago's fastest-growing communities-ideal for owner-occupants, house hackers, or savvy investors looking to secure long-term value.
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Listing Contacts

Century 21 Affiliated
Listed by Century 21 Affiliated

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Zoning

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RT-4 ResidentialMulti FamilyResidential Two Flat Townhouse And Multi Unit District
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View all 49 uses
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Last updated Apr 28, 2026 For deeper zoning details, reports are available at Zoneomics

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