Four-Unit Apartment
For Sale
$950,000
5642 S Prairie Ave, Chicago, IL 60637
Four-unit building with condo-quality finishes, in-unit laundry hookups, and rear parking for four vehicles.
Property Size5,976 SF
Days on Market63
Property Features for 5642 S Prairie Ave
General Information
Standard status
Active
Size
5,976 SF
Class
C
Total Parking Spaces
4
Property subtype
MultiFamily Apartments
Additional Details
Multifamily Units
4
Building Details
Building Size
5,976 SF
Year Built
2006
Tenancy
Multi
Listing Agency:
33 Realty
(219) 465-8584
Listed By:
Gene Hart · License ##475.149185
(219) 465-8584
Source:
Thebrokerlist
Added: Jun 22
Changed: Aug 19
Last Checked: Aug 23 at 2:29AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of 33 Realty
Investment Insights
Based on property information with market context.
This four-unit apartment building was constructed in 2006 and includes four three-bedroom, two-bath apartments. The units feature condo-quality kitchens and bathrooms, with hardwood and tile flooring throughout. Each unit offers in-unit laundry hookups, gas-forced heat, and central air, along with individual hot water tanks. The property also includes rear steel porches and rear parking designed for four vehicles.
The building is located at 5642 S Prairie Ave in the Washington Park neighborhood of Chicago. Units 1 and 2 are intentionally vacant, supporting an owner-occupancy setup, while the remaining units provide separate residential income potential.
For buyers considering owner-occupancy, the intentional vacancy of two units can simplify moving in while maintaining additional rental homes on-site. The overall unit configuration—three bedrooms and two baths across the building—may appeal to tenants seeking larger layouts, and the combination of central air, in-unit laundry hookups, and assigned rear parking adds practical day-to-day value for residents.
The building is located at 5642 S Prairie Ave in the Washington Park neighborhood of Chicago. Units 1 and 2 are intentionally vacant, supporting an owner-occupancy setup, while the remaining units provide separate residential income potential.
For buyers considering owner-occupancy, the intentional vacancy of two units can simplify moving in while maintaining additional rental homes on-site. The overall unit configuration—three bedrooms and two baths across the building—may appeal to tenants seeking larger layouts, and the combination of central air, in-unit laundry hookups, and assigned rear parking adds practical day-to-day value for residents.
Key Highlights
- Four‑unit apartment building built in 2006 in Chicago’s Washington Park neighborhood
- Four 3‑bed/2‑bath apartments with condo‑quality kitchen and bathroom finishes
- Hardwood and tile floors throughout and in‑unit laundry hookups
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
767
Businesses Nearby
Explore this area
Business Placement
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
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Frequently Asked Questions
What type of property is this?
Quadplex - Four-unit building with condo-quality finishes, in-unit laundry hookups, and rear parking for four vehicles.
Where is this quadplex located?
The property is located at 5642 S Prairie Ave Chicago, IL.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: Four‑unit apartment building built in 2006 in Chicago’s Washington Park neighborhood; Four 3‑bed/2‑bath apartments with condo‑quality kitchen and bathroom finishes; Hardwood and tile floors throughout and in‑unit laundry hookups
