5124 South Prairie Avenue

Chicago, IL 60615

$775,000
Price
10
Beds
4
Baths
1
1/2 Bath
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Great investment opportunity with this beautiful 3 flat that underwent a full gut rehab in 2016 & has had even more updates since. All new mechanicals and windows in 2019, new appliances in 2020. Each unit features spacious floor plans with large living areas. Unit 1 features 3 bd/1.5 bth and unit 2 & 3 have 4 bd/2 bth! The property is grandfathered in to be a 4 unit so the large unfinished basement can easily be converted to an additional unit for even more income opportunity. Unit 2 & 3 are both...Great investment opportunity with this beautiful 3 flat that underwent a full gut rehab in 2016 & has had even more updates since. All new mechanicals and windows in 2019, new appliances in 2020. Each unit features spacious floor plans with large living areas. Unit 1 features 3 bd/1.5 bth and unit 2 & 3 have 4 bd/2 bth! The property is grandfathered in to be a 4 unit so the large unfinished basement can easily be converted to an additional unit for even more income opportunity. Unit 2 & 3 are both tenant occupied with MTM leases. Large backyard. One block from the green line and minutes to I-90 with easy access to all other major highways. Schedule your viewing today!
  1. Listed by Cesar Juarez • Redfin Corporation

Property Details for 5124 South Prairie Avenue

Area
CHI - Washington Park
Township
Hyde Park
Ownership
Fee Simple
Num Of Parking Spaces
0.0
Heat/Fuel
Natural Gas, Forced Air
Zoning
MULTI

Location

Listing Courtesy of Redfin Corporation
Add your commute
LISTING UPDATED: 04/12/2024 01:00 PM

Property Details for 5124 South Prairie Avenue

StatusActive
MLS #12001086
Days on Market50
Taxes$6,103 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeTwo to Four Units / 3 Flat
Year Built1897
Lot Size0.10 AC / 4,356 SF
CountyCook County

Location

Listing Courtesy of Redfin Corporation
Add your commute

Virtual Tour

Building Information for 5124 South Prairie Avenue

Stories-Residences3Year Built1897Building Size-Lot Size0.10 AC / 4,356 SF

Payment Calculator

$4,738 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,229

Property Taxes

$509

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 5124 South Prairie Avenue

General Information
School Information
  • Elementary School District: 299
  • High School District: 299
  • Middle Or Junior School District: 299
Addtl Parking Information
  • Parking: None
Property Information
Interior Features
  • Num Of Rooms: 18
  • Bedrooms (Below Grade): 0
  • Community Features: Park, Tennis Court(s), Curbs, Gated, Sidewalks, Street Lights, Street Paved
  • Basement Type: Full
  • Bedrooms Possible: 10
  • Basement Description: Unfinished, Exterior Access
  • # Full Baths in Building: 4
  • # Half Baths in Building: 1
  • Num of Baths: 4.1
Utilities / Equipment
  • Sewer: Sewer-Public
  • Water: Lake Michigan, Public
  • Other Equipment: Intercom
Property/Lot Information
  • Exterior Property Features: Deck, Porch
  • New Construction YN: No
  • Rebuilt: No
  • Rehabilitated: Yes
  • Rehab Year: 2016
  • Built Before 1978: Yes
  • Age: 100+ Years
  • Lot Size: Less Than .25 Acre
  • Lot Dimensions: 25X182
  • Total # Units in Building: 3.0
  • Waterfront: No
  • Exterior Building Type: Brick
  • Foundation Details: Concrete Perimeter
  • General Information: Commuter Bus,Commuter Train,Interstate Access
  • North Coordinate: 0
  • South Coordinate: 5124
  • East Coordinate: 239
  • West Coordinate: 0
  • Lot Size Source: County Records
  • 3 Br Un In Bldg: Yes
Property and Assessments
  • Public Document Count: 4
  • Document Date: 2024-03-14T18:52:47
  • Photos Count: 32
  • OpenHouse Count: 0
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Unit 1
  • Unit Type Actual Rent: $.00
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 1
  • Lease Expiration Date: 00/00
Unit 2
  • Unit Type Actual Rent: $1,950.00
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 4
  • Unit Type Type: Unit 2
  • Lease Expiration Date: MTM
Unit 3
  • Unit Type Actual Rent: $1,777.00
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 4
  • Unit Type Type: Unit 3
  • Lease Expiration Date: MTM

Property History for 5124 South Prairie Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 5124 South Prairie Avenue

Taxable ValueLand$16,012Additions$16,987Total$32,999
Tax Record2022$6,103 ($509 / month)
Home Facts
Baths4.5Total Finished SqFt5,067 SqFtAbove Grade Finished SqFt5,067 SqFtStories3Lot Size4,575 SqFtStyleMulti-Family Res (5+ Units)Year Built1902CountyCOOKAPN20-10-304-015

Schools near 5124 South Prairie Avenue

This home is within City Of Chicago School District 299.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - PK to 8
Public - 9 to 12
Rating
School
Distance
Burke Elementary School
PublicPK to 8

Phillips Academy High School
Public9 to 12

Williams Medical Prep High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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5124 South Prairie Avenue is a multi-family home for sale in Chicago, IL 60615. This property was listed for sale on March 15, 2024 by Redfin Corporation, it's currently listed at $775,000. It has been on the market for a total of 50 days and was last sold on January 31, 2020. This listing's school district is City Of Chicago School District 299. Nearby schools include Burke Elementary School, Phillips Academy High School and Beasley Elementary Magnet Academic Center. 5124 South Prairie Avenue is a 10-bed, 4.5-bath, multi-family home built in 1897.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Redfin Corporation

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.