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$899,000

  • For Sale
  • Active
  • Multi-Family
  • 18 Total Beds
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ATTENTION OWNER-OCCUPANTS! We are pleased to present for sale 5714 S Prairie Avenue, a four-unit multi-family investment property in the east Washington Park neighborhood of Chicago. This is an excellent opportunity for an owner-occupant as the top floor (unit 3) 5-bed/2-bath unit is currently being gut-rehabbed and will be vacant upon closing. The property is composed of two 4-Bed/1-Bath & two 5-Bed/2-Bath apartments that were previously renovated for individual condominiums. All units have hardwood and tile throughout, modern appliances, gas-forced-heat, granite counter tops, individual hot water tanks, and separate utilities. The residences are larger than most of the new construction in the area, ranging in size between 1,200 and 1,300 SF and feature separate dining & living areas. The rents in the three occupied units are significantly below market.

Full Property Details for 5714 S Prairie Ave

General

  • Price: $899,000
  • HOA FEE: $2,400
  • Taxes: $9,419 (2023)
  • Status: Active
  • Type: Multi-Family
  • Source: MRED
  • MLS ID: 12498413
  • Updated: 11/17/2025
  • Added to Site: 91 day(s) ago

Rental Information

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

Interior

  • Basement: None

Rooms

Bathrooms

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

Bedrooms

  • Total Bedrooms: 18

Exterior

  • Exterior Features: Balcony

Parking

  • Total Spaces: 2
  • Parking Features: Off-Alley, Yes, Owned

Location

  • Area: CHI - Washington Park
  • County: Cook
  • Township: Hyde Park
  • Driving Directions: EAST OR WEST ON 57TH ST TO PRAIRIE AVE, SOUTH ON PRAIRIE AVE TO PROPERTY

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

Structural Information

  • Construction: Brick, Block
  • Exterior Const.: Brick, Block
  • Basement Desc.: None
  • Foundation: Concrete Perimeter
  • Roof: Asphalt
  • Windows: Screens
  • Year Built: 2006

Unit Information

  • Units in Building: 4

Lot Features

  • Lot Size Range: Less than .25 Acre
  • Lot Dimensions: 3896
  • Fence: Yes
  • Zoning: MULTI
  • Fencing (Description): Fenced

Financial Considerations

  • Maint. Fee: $2,400
  • Insurance Fee: $2,400
  • Parking Included: Yes
  • Assessment Year: 2006
  • Tax Amount: $9,419.8
  • Tax Year: 2023
  • Pays Electric: 500
  • Pays Sewer: Public Sewer

Disclosures and Reports

  • Ownership: Fee Simple
  • Property ID: 20151160261001

Listed by 33 Realty

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— 5714 S Prairie Ave —

  • 33 Realty

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NMLS#: 1598647

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Schools serving 5714 S Prairie Ave

School District:Chicago Public School District 299
NameGradesDistance
Carter Elementary School, Chicago, IL
5740 South Michigan Avenue, Chicago, IL 60637
PK-80.2 mi
Phillips Academy High School
244 East Pershing Road, Chicago, IL 60653
12-112.4 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 5714 S Prairie Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
11/12/2025
Price Reduced
$899,000
-0.06%
MLS
11/10/2025
Price Reduced
$899,500
-0.06%
MLS
10/17/2025
Listed
$900,000
—
MLS
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 5714 S Prairie Ave

Year
Property Taxes
Change
Tax Assessment
Change
2023
$2,328
3%
$11,000
—
2022
$2,270
2%
$11,000
—
2021
$2,219
-17%
$11,000
-9%
2020
$2,684
1%
$12,049
-9%
2019
$2,669
2%
$13,284
—
2018
$2,624
-1%
$13,284
8%
2017
$2,660
7%
$12,355
—
2016
$2,475
9%
$12,355
—
2015
$2,264
26%
$12,355
28%
2014
$1,790
2%
$9,648
—
2013
$1,755
1%
$9,648
—
2012
$1,731
—
$9,648
—
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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5714 S Prairie Avenue, Chicago, IL 60637 (MLS# 12498413) is a Multi-Family property with 4 units containing 18 bedrooms and 0 full bathrooms. 5714 S Prairie Avenue is currently listed for $899,000 and was received on October 17, 2025. Want to learn more about 5714 S Prairie 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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