For Sale $770,000
Property Type Multi-Family
Property Size 4,082 SF
Units 3
Lot Size 0.11 Acre
Additional Rent Contact for pricing
Parking Spaces Avail. 3
Year Built 1908
Year Renovated 2023
Date Updated Dec 10, 2024

5419 S. Wabash is situated in one of the most desirable neighborhoods on Chicago's South Side, making it a prime investment opportunity for potential investors. Located in the historic Washington Park area, this property is surrounded by a vibrant community and offers convenient access to numerous amenities. It is in close proximity to the prestigious University of Chicago, the scenic Washington Park, and the renowned Museum of Science and Industry.Jameson Commercial Real Estate is exclusively marketing 5419 S. Wabash, a fully renovated and legal 3-unit Greystone in the dynamic Washington Park neighborhood near the University of Chicago. This classic property combines historic charm with modern updates, featuring original woodwork, hardwood floors, and formal dining rooms that add to its enduring appeal. Situated near a prominent Chicago landmark and offering easy access to public transit, the property provides an ideal blend of convenience and character for city living. Inside, each unit boasts a spacious, thoughtfully designed layout. Renovations completed in 2023 included new windows, copper plumbing, upgraded electrical service and panels, and necessary roof updates. Tuckpointing work was also performed to enhance structural integrity. Each unit is outfitted with a full HVAC system, individual 40-gallon water heaters, and an in-unit washer and dryer for added comfort and convenience. The first and second floors each offer three bedrooms and two baths, while the garden-level unit includes two bedrooms and two baths. With tenants responsible for their own utilities (electric, gas, and heat), maintenance remains minimal for the owner. The property sits on an expansive 30' x 161' lot, providing a spacious backyard and room for a one-for-one parking pad at the rear. This blend of classic architecture, modern amenities, and prime location makes 5419 S. Wabash an exceptional investment opportunity in one of Chicago's most vibrant neighborhoods.

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Highlights

4,082 SF Greystone building
Renovated in 2023, offering modern amenities
Legal 3-Unit: (1) 2-Bed 2-Bath & (2) 3-Bed 2 Bath
Individual HVACs & Water Heaters (40gal)
In-Unit Washer/Dryers
30' x 161' Lot; RT-4 Zoning
Spacious Back Yard & One-for-One Parking Pad
Excellent investment opportunity in a thriving market!

Contacts

Marco Cesario

Jameson Commercial

Location

Getting Around

Walk Score ®
74/100 Very Walkable
Transit Score ®
75/100 Excellent Transit
Bike Score ®
69/100 Bikeable

Map
Street

City Chicago, IL
Neighborhood Washington Park
Zip Code 60615
Market Chicago

Points of Interest

Garfield

0.29 miles
Halsted

1.59 miles
55th-56th-57th Street

1.87 miles
51st-53rd Street (Hyde Park)

1.92 miles
63rd Street

2.05 miles
35th-Bronzeville-IIT

2.50 miles
35th-Bronzewille-IIT (34th Street Entrance)

2.57 miles
Stony Island

2.77 miles
Western

3.18 miles
South Shore

3.68 miles

Super Save

0.07 miles
Amstar

0.39 miles
GoLo

0.42 miles
Shell

0.44 miles
Citgo

0.45 miles
BP

0.50 miles
The Roux

0.66 miles
ChargePoint

1.08 miles
eVgo

4.88 miles
Blink

4.89 miles

Garfield Park & Ride

0.26 miles
Medical Campus Parking Garage B

0.98 miles
Medical Campus Parking Garage A

1.05 miles
Parking/Materials Management

1.08 miles
Campus North Parking Garage

1.19 miles
Campus South Parking

1.24 miles
Lexington Parking Lot

1.44 miles
Vue53 garage

1.57 miles
Kimbark South Parking Garage

1.69 miles
Chapin Hall Parking Lot

1.76 miles

Best Motel

1.48 miles
The Study at the University of Chicago

1.64 miles
Sophy Hotel

1.68 miles
Hyatt Place Chicago-South/University Medical Center

1.84 miles
Amber Inn Motel

1.89 miles
Chicago Lake Shore Hotel

2.08 miles
Empire Motel

2.92 miles
The Polo Inn

2.97 miles
Benedictine Bed and Breakfast

3.26 miles
East of the Ryan

3.27 miles

McDonald's

0.07 miles
Dunkin'

0.14 miles
Burger King

0.15 miles
Harold's Chicken Shack

0.21 miles
Pizza Hut Delivery

0.34 miles
Checkers

0.34 miles
Wendy's

0.46 miles
Skidoe's Café & Grill

0.47 miles
Taco Bell

0.48 miles
Louisiana Famous Fried Chicken

0.49 miles

ACE Technical Charter High School

0.14 miles
Edward W. Beasey Academy

0.26 miles
Burke Elementary School

0.37 miles
Carter School of Excellence

0.41 miles
Educare Chicago

0.49 miles
Chicago Baptist Institute

0.53 miles
Sherwood Elementary School

0.59 miles
DuSable High School

0.66 miles
Walter H. Dyett High School

0.69 miles
Corpus Christi School

0.72 miles

UChicago Child Development Center - Drexel

1.04 miles
Child's World Academic Inc.

1.69 miles
Shiloh Nursery

2.00 miles
DJ Brooks Child Development Center

2.70 miles
Englewood Messiah Lutheran Headstart

2.77 miles
Childrens Hour Pre-School Center

3.05 miles
Teddy Bear Pre-School

3.49 miles
Ada S. McKinley, Ersula Howard Child Care Center

3.77 miles
Kenyatta's Day Care and Learning Center

3.86 miles
Merry Go Round Nursery School

3.92 miles

Frequently Asked Questions

How much does 3-Unit Greystone | Renovated | Washington Park cost?

The space currently listed for sale at 3-Unit Greystone | Renovated | Washington Park asks for $770,000.

What is the total square footage of 3-Unit Greystone | Renovated | Washington Park?

3-Unit Greystone | Renovated | Washington Park totals 4,082 square feet.

When was this property built?

3-Unit Greystone | Renovated | Washington Park was built in 1908.

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Contact Listing Broker

Marco Cesario

Jameson Commercial