Four-Unit Residential Income
5642 S Prairie Avenue Chicago, IL 60637
For Sale
$949,000
MULTI_FAMILY - Chicago, IL
Property Size1,400 SF
Price / SF$677.86
Days on Market96
Property Features for 5642 S Prairie Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- MULTI
- Bedrooms
- 12
- Bathrooms
- 8
- Rooms
- Bedroom 4, Bathroom 2, Bedroom 5, Bedroom 11, Bathroom 7, Bedroom 9, Bathroom 6, Bedroom 7, Bathroom 4, Bathroom 8, Bedroom 10, Bedroom 8, Bedroom 6, Bedroom 3, Bedroom 12, Bathroom 3, Bedroom 1, Bedroom 2, Bathroom 1, Bathroom 5
- Parking
- 5
- Parking features
- Off Alley, Assigned, Off Street
- Standard status
- Active
- APN
- 20151100340000
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 17140
Utilities
- Sewer type
- Public Sewer
- Heating system
- Natural Gas
- Water source
- Public
Building Details
- Year built
- 2007
- Building materials
- Block
- Roof type
- Asphalt
Listing Agency:
33 Realty
(773) 327-4975
Listed By:
Thomas Hart · License #475149185
(773) 327-4975
Added: Apr 23
Changed: Jul 13
Last Checked: Jul 27 at 8:06AM
MLS# 12627280
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 four-unit residential income property was constructed in 2007 and is currently configured as four 3-bedroom, 2-bath apartments. Each unit includes in-unit laundry hook-ups, in-unit hot water tanks, and individual utilities, along with hardwood and tile finishes. The apartments also feature modern appliances, separate living and dining areas, and kitchen layouts with refrigerators, dishwashers, gas stoves, built-in microwaves, and condo-quality cabinetry. Heating is gas-forced heat with central air, and each unit has its own breaker panels. Steel porches provide individual outdoor spaces. Updates noted include extensive interior and exterior improvements from the past year, updated bathroom fixtures, and refreshed common areas, including new carpet and paint in the hallway. Common laundry is available with a coin-operated setup.
The property includes a sump pump and grinder pump and offers five exterior parking spaces accessed through an automatic gate. The listing information also notes granite countertops with islands and updated lighting throughout.
For an owner-occupant, the property presents an opportunity to occupy one unit while generating income from the remaining three units, with Units 1 and 2 identified as currently vacant. The combination of in-unit laundry, individual utility control, and unit-by-unit infrastructure supports a tenant-friendly setup for long-term residential use.
The property includes a sump pump and grinder pump and offers five exterior parking spaces accessed through an automatic gate. The listing information also notes granite countertops with islands and updated lighting throughout.
For an owner-occupant, the property presents an opportunity to occupy one unit while generating income from the remaining three units, with Units 1 and 2 identified as currently vacant. The combination of in-unit laundry, individual utility control, and unit-by-unit infrastructure supports a tenant-friendly setup for long-term residential use.
Key Highlights
- 4‑unit property built in 2007 with block construction and asphalt roof
- All 4 units are 3 bed / 2 bath, with in‑unit laundry hook‑ups and in‑unit hot water tanks
- Utilities: public water and public sewer; heating includes natural gas with gas‑forced heat and central air
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Quadplexes
FAQs
What type of property is this?
Quadplex - Modern 2007-built quadplex offers four spacious 3-bed, 2-bath units with in-unit laundry and individual utilities.
Where is this quadplex located?
The property is located at 5642 S Prairie Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $949,000.
What are key features of this property?
This property features: 4‑unit property built in 2007 with block construction and asphalt roof; All 4 units are 3 bed / 2 bath, with in‑unit laundry hook‑ups and in‑unit hot water tanks; Utilities: public water and public sewer; heating includes natural gas with gas‑forced heat and central air
