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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 $368,386 CAD
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 $1,722 CAD 1,300
3+2 2 $2,763 CAD 1,300

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
20-10-309-027-0000
Land Assessment
$24,195 CAD
Improvements Assessment
$34,486 CAD
Total Assessment
$58,681 CAD

zoning

Zoning Code RT-4
RT-4
  • Listing ID: 33883486

  • Date on Market: 2024-11-15

  • Last Updated:

  • Address: 5419 S Wabash Ave, Chicago, IL 60615

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