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$715,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • 8 Total Beds
  • Updated 1 day ago
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Own a timeless piece of Washington Park with this exceptional jumbo 3-unit Graystone, ideally located just minutes from the University of Chicago and the highly anticipated Obama Presidential Center. This beautifully renovated 8-bedroom, 6-bath multi-family property was fully rehabbed in 2023, blending classic architectural charm with modern updates and strong income potential. Each expansive unit is thoughtfully designed with its own HVAC system, electric, and water heater, offering both comfort and efficiency. Updated kitchens feature stainless steel appliances including stove, refrigerator, microwave, and dishwasher, along with the convenience of in-unit washer and dryer. Contemporary finishes throughout, including private master bathrooms in every unit, elevate the living experience. Unit 1 will be delivered vacant, presenting an excellent opportunity for an owner-occupant to reduce their mortgage with rental income. Projected annual rents of $62,000 make this a compelling investment for both seasoned and first-time investors alike. Additional highlights include rear off-street parking and eligibility for FHA financing, additional cost savings for owner occupants with reduced taxes. A rare, turnkey opportunity in one of Chicago's fastest-growing communities-ideal for owner-occupants, house hackers, or savvy investors looking to secure long-term value.

Full Property Details for 5419 S Wabash Ave

General

  • Price: $715,000
  • Taxes: $8,267 (2024)
  • Status: Active
  • Type: Multi-Family
  • Source: MRED
  • MLS ID: 12598776
  • Updated: 3/22/2026
  • Added to Site: 1 day(s) ago

Rental Information

  • Complex Features: Curbs, Sidewalks, Street Lights, Street Paved

Interior

  • Basement: Finished, E

Rooms

Bathrooms

  • Total Bathrooms: 6
  • Upper - Full Baths: 6

Bedrooms

  • Total Bedrooms: 8

Additional Information

  • Equipment: Carbon Monoxide Detectors, Ceiling Fan(s), Sump Pump, Water Heater-Gas

Parking

  • Total Spaces: 3
  • Parking Features: Off-Alley, Off-Street, Alley Access, Yes, Owned

Location

  • Area: CHI - Washington Park
  • County: Cook
  • Township: Hyde Park
  • Driving Directions: 55th st E/W to Wabash, Wabash north to address

School Information

  • School District: 299
  • Elem School District: 299
  • Midd School District: 299
  • High School District: 299

Heating & Cooling

  • Heating Type: Natural Gas, Forced Air

Utilities

  • Sewer: Public Sewer
  • Water: Lake Michigan, Public

Structural Information

  • Construction: Aluminum Siding, Brick, Concrete
  • Exterior Const.: Aluminum Siding, Brick, Concrete
  • Basement: Yes
  • Basement Desc.: Finished, Exterior Entry, Egress Window, Full
  • Foundation: Concrete Perimeter
  • Roof: Asphalt, Flat
  • Year Built: 1908
  • Built Before 1978: Yes
  • Remodeled/Updated: 2023

Unit Information

  • Units in Building: 3

Lot Features

  • Lot Size Range: Less than .25 Acre
  • Lot Dimensions: 30 x 161
  • Fence: Yes
  • Zoning: MULTI
  • Fencing (Description): Fenced

Financial Considerations

  • Insurance Fee: $2,896
  • Parking Included: Yes
  • Assessment Year: 1908
  • Tax Amount: $8,267
  • Tax Year: 2024
  • Pays Electric: 450
  • Pays Sewer: Public Sewer

Disclosures and Reports

  • Ownership: Fee Simple
  • Special Conditions: List Broker Must Accompany
  • Property ID: 20103090270000

Listed by Keller Williams Preferred Rlty

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Schools serving 5419 S Wabash Ave

School District:Chicago Public School District 299
NameGradesDistance
Beethoven Elementary School
25 West 47th Street, Chicago, IL 60609
PK-80.9 mi
Phillips Academy High School
244 East Pershing Road, Chicago, IL 60653
12-112 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 5419 S Wabash Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/22/2026
Listed
$715,000
186%
MLS
6/08/2022
Sold
$250,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 5419 S Wabash Ave

Year
Property Taxes
Change
Tax Assessment
Change
2023
$5,080
3%
$24,000
—
2022
$4,952
2%
$24,000
—
2021
$4,841
—
$24,000
10%
2020
$4,845
-2%
$21,751
-12%
2019
$4,966
2%
$24,718
—
2018
$4,883
-8%
$24,718
—
2017
$5,314
7%
$24,686
—
2016
$4,944
9%
$24,686
—
2015
$4,524
23%
$24,686
24%
2014
$3,692
2%
$19,899
—
2013
$3,619
1%
$19,899
—
2012
$3,571
—
$19,899
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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5419 S Wabash Avenue, Chicago, IL 60615 (MLS# 12598776) is a Multi-Family property with 3 units containing 8 bedrooms and 0 full bathrooms. 5419 S Wabash Avenue is currently listed for $715,000 and was received on March 22, 2026. Want to learn more about 5419 S Wabash Avenue? Do you have questions about finding other Multi-Family real estate for sale in Washington Park? You can browse all Washington Park real estate or contact a Coldwell Banker agent to request more information.

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