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Four-Unit Multifamily Building
For Sale
$982,000

5644 S Prairie Avenue, Chicago, IL 60637

Residential Income, Chicago, IL

Property SizeContact for details
Days on Market257

Property Features for 5644 S Prairie Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Zoning MULTI
Bedrooms 12
Bathrooms 8
Full bathrooms 8
Rooms Bedroom 7, Bedroom 11, Bedroom 8, Bedroom 10, Bedroom 5, Bathroom 2, Bedroom 6, Bathroom 4, Bedroom 9, Bathroom 5, Bedroom 4, Bathroom 7, Bedroom 2, Bedroom 12, Bedroom 3, Bathroom 3, Bedroom 1, Bathroom 6, Bathroom 8, Bathroom 1
Parking 5
Parking features Assigned, Off Street, Off Alley
Elementary school district 299
Middle school district 299
High school district 299
Directions East or west on 55th to Prairie, south to property on west side of Prairie
Subdivision CHI - Washington Park
Standard status Active
APN 20151100330000

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 17140

Utilities

Sewer type Public Sewer
Heating system Natural Gas
Water source Public

Amenities

in-unit laundry hook-ups
hardwood and tile
modern appliances
gas-forced heat / central air
in-unit hot water tanks
individual utilities
steel porches with individual outdoor spaces
automatic gate
common coin laundry
granite countertops with islands
separate living and dining areas
updated lighting and bathroom fixtures

Building Details

Year built 2007
Building materials Block
Roof type Asphalt
Listing Agency: 33 Realty
Listed By: Thomas Hart · License #475149185
Added: Dec 14, 2025 Changed: Aug 24 Last Checked: Aug 28 at 2:06AM
MLS# 12532533

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 4-unit multifamily property was built in 2007 and includes four 3-bedroom, 2-bath residences ranging from 1,200 to 1,400 SF. Each unit has hardwood and tile flooring, in-unit laundry hookups, modern appliances, gas-forced heat, central air, an individual hot water tank, and separately metered utilities. Recent work has enhanced both the interiors and exterior, including improvements to Unit 2, updated lighting and bathroom fixtures, fresh common-hall carpeting and paint, and kitchen upgrades with granite islands and condo-quality cabinetry.

The property is located at 5644 S Prairie Avenue in Chicago’s east Washington Park area. Site features include five exterior parking spaces secured by an automatic gate, steel porches with individual outdoor areas, common coin laundry, a sump pump, a grinder pump, and in-unit breaker panels. Public water and sewer serve the property, with block construction and an asphalt roof.

Key Highlights

  • 4‑unit property with four 3‑bedroom, 2‑bath residences
  • 2007 construction with unit sizes ranging from 1,200 to 1,400 SF
  • Five exterior parking spaces with automatic gate

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Law Firm Building Supply HVAC Service Kitchen & Bath Showroom Plumbing Service Computer & Electronic Repair

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

767
Businesses Nearby

Demographics for 60637, IL

53,555
Population
26,717
Households
2
Avg Household Size
31
Median Age
37%
College-Educated
89%
High-School Grad
4.5 sq mi
ZIP Area
11,901
Density / Sq Mi
$42,080
Median Household Income
$33,227
Median Earnings
$1,170
Median Rent
$243,700
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Four spacious residences combine updated interiors, private outdoor areas, individual utilities, and convenient on-site parking.
Where is this quadplex located?
The property is located at 5644 S Prairie Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $982,000.
What are key features of this property?
This property features: 4‑unit property with four 3‑bedroom, 2‑bath residences; 2007 construction with unit sizes ranging from 1,200 to 1,400 SF; Five exterior parking spaces with automatic gate
More about this property
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