5322 W Washington Chicago, IL 60644

Listing office j***@kisergroup.com Show Phone

Listing date Jul 10, 2026

Source Kisergroup

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Investment Insights

Based on property information with market context.

This fully renovated, stabilized sixteen (16) unit walkup offers a unit mix of three (3) three-bedroom/one-bath homes, ten (10) two-bedroom/one-bath homes, and three (3) one-bedroom/one-bath homes. The asset is currently stabilized with a 100% subsidized tenant base and includes a new water heater (2026) alongside updated plumbing with copper and a new main line to the street.

The property is located roughly three (3) blocks from the CTA Laramie Green Line station and less than a mile from Interstate 290 for access to downtown Chicago. It is also approximately four (4) blocks from Columbus Park, which features fields, pools, and a golf course.

Overall, the building presents a well-defined residential income configuration with recent interior and major system upgrades intended to support day-to-day operations.

Key Highlights

• 16‑unit walkup in Chicago’s Austin neighborhood
• Unit mix: three 3bd/1ba, ten 2bd/1ba, and three 1bd/1ba
• New water heater (2026)

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FAQs

What type of property is this?

Apartment building - Sixteen-unit walkup with a three-bedroom, two-bedroom, and one-bedroom mix and recent water heater and plumbing updates.

Where is this apartment building located?

The property is located at 5322 W Washington Chicago, IL.

What is the asking price?

The asking price for this property is $2,200,000.

What are key features of this property?

This property features: 16‑unit walkup in Chicago’s Austin neighborhood; Unit mix: three 3bd/1ba, ten 2bd/1ba, and three 1bd/1ba; New water heater (2026)