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Listing provided courtesy of 33 RealtyMREDas Distributed by MLSGrid- MLS# 12532533MLS Provider

5644 S Prairie AvenueChicago, IL 60637

Multi-Family · 12 Beds
$995,000 Active

5644 S Prairie Avenue Overview

Time on Site:
198 days
Visits:
5

4-unit, 2007 construction, perfect OWNER-OCCUPANT investment opportunity in appreciating east Washington Park! Unit 2 has been rehabbed to feature modern improvements to be compared to other new construction in the area. All four units are 3-bed / 2-bath and have in-unit laundry hook-ups, hardwood and tile throughout, modern appliances, gas-forced-heat / central air, in-unit hot water tanks, and individual utilities. The units are larger than than most of the new construction in the area, ranging in size between 1,200 and 1,400 SF. The property has had extensive improvements in the last year to the interior and exterior. Other notable features: steel porches with individual outdoor spaces, sump pump and grinder pump, breaker panels in-unit, five exterior parking spaces with automatic gate, common coin laundry, new carpet and paint in common hallway, granite countertops with islands, separate living and dining areas, and updated lighting and bathroom fixtures. All kitchens have refrigerators, dishwashers, gas stoves, built-in microwaves, and condo-quality cabinetry. This is a fantastic opportunity for an owner-occupant to occupy one unit and benefit from the income from the other three units.

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5644 S Prairie Avenue Facts & Features

  • Type Multi-Family

Details

General

School Information

  • School District: 299

Income/Expenses

  • Electric Expense: 500
  • Gross Income: 114000
  • Insurance Expense: 2400
  • Maintenance Expense: 2400
  • Net Operating Income: 87959
  • Water Sewer Expense: 2400

Building Information

  • New Construction: No
  • Year Built: 2007

Location/Region

  • County Or Parish: Cook
  • MLS Area Major: CHI - Washington Park
  • Township: Hyde Park

Tax Information

  • Tax Annual Amount: $17,140.00
  • Tax Year: 2024

General Information

  • Ownership: Fee Simple
  • Parcel Number: 20151100330000
  • Property Type: Residential Income
  • Special Listing Conditions: None
  • Zoning: MULTI

Interior

Parking Information

  • Half Baths Building: 0

Beds/Baths

  • Bathrooms Total: 8
  • Bedrooms Total: 12
  • Bedrooms Possible: 12
  • Full Baths Building: 8

General Information

  • Basement: None
  • Heating: Natural Gas
  • Rooms Total: 24

Exterior

Parking Information

  • Parking Features: Assigned, Off Alley, Off Street, Yes
  • Parking Total: 5

Lot Information

  • Lot Size Dimensions: 4050
  • Water Source: Public

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Construction Materials: Block
  • Roof: Asphalt

General Information

  • Sewer: Public Sewer

Unit Information

Unit 1 Details

  • Unit Type: Unit 1
  • Actual Rent: 1919
  • Beds Total: 3
  • Baths Total: 2

Unit 2 Details

  • Unit Type: Unit 2
  • Actual Rent: 2600
  • Beds Total: 3
  • Baths Total: 2

Unit 3 Details

  • Unit Type: Unit 3
  • Actual Rent: 2150
  • Beds Total: 3
  • Baths Total: 2

Unit 4 Details

  • Unit Type: Unit 4
  • Actual Rent: 2200
  • Beds Total: 3
  • Baths Total: 2

5644 S Prairie Avenue Neighborhood

Community

60637 (Chicago) Demographics

31
Median Age
8,890
Population Density (per sq. mile)
41%
College Educated
$30,149
Estimated Median Income
4,970
Estimated Total Home Owners
15,152
Estimated Total Renters
25% / 75%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

5644 S Prairie Avenue Monthly Cost

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$ %
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$
Randall Fowlkes
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

5644 S Prairie Avenue Market Data

Based on the last 30 days in this zip code

$393,653
Average List Price
$235
Average Price per Square Foot
24
Properties Sold
105
Average Days on Market
115
Properties for Sale
Calculations provided by Reliance Network

5644 S Prairie Avenue History

Date Event Value Agent
6/29/2026Source: MRED Status Change
Active
6/21/2026Source: MRED Price Reduction
$995,000 -1.0%
6/21/2026Source: MRED Status Change
Price Change
6/12/2026Source: MRED Status Change
Active
6/7/2026Source: MRED Price Reduction
$1,005,000 -0.5%
6/7/2026Source: MRED Status Change
Price Change
5/31/2026Source: MRED Status Change
Active
5/25/2026Source: MRED Price Reduction
$1,010,000 -0.5%
5/25/2026Source: MRED Status Change
Price Change
5/16/2026Source: MRED Status Change
Active
5/11/2026Source: MRED Price Reduction
$1,015,000 -0.2%
5/8/2026Source: MRED Price Reduction
$1,017,000 -0.1%
5/8/2026Source: MRED Status Change
Price Change
4/26/2026Source: MRED Status Change
Active
4/20/2026Source: MRED Price Reduction
$1,018,000 -0.1%
4/16/2026Source: MRED Price Reduction
$1,019,000 -0.1%
4/15/2026Source: MRED Price Reduction
$1,020,000 -0.2%
4/10/2026Source: MRED Price Reduction
$1,022,500 -0.2%
4/10/2026Source: MRED Status Change
Price Change
3/23/2026Source: MRED Status Change
Active
3/18/2026Source: MRED Price Reduction
$1,025,000 -1.0%
3/18/2026Source: MRED Status Change
Price Change
2/23/2026Source: MRED Status Change
Active
2/18/2026Source: MRED Price Reduction
$1,035,000 -0.5%
2/18/2026Source: MRED Status Change
Price Change
1/21/2026Source: MRED Status Change
Active
1/16/2026Source: MRED Price Reduction
$1,040,000 -0.9%
1/16/2026Source: MRED Status Change
Price Change
1/2/2026Source: MRED Status Change
Active
12/27/2025Source: MRED Price Reduction
$1,049,000 -0.1%
12/27/2025Source: MRED Status Change
Price Change
12/19/2025Source: MRED Status Change
Active
12/14/2025Source: MRED Added to Database
December 14, 2025