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Two to Four Units · Chicago, IL
$699,900
8 beds · 6 baths
5419 S Wabash Avenue, Chicago, IL, 60615
A brick-and-mortar place to make your own — room to make it home.
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What’s special

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 NEW 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. 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.
— the listing agent’s description

The home

8 beds
6 baths
Built in 1908
Lot 30 X 161
Two to Four Units

What it’ll cost

$8,267 taxes / yr
No HOA
4 days on dwello

Estimated monthly payment

$4,614/mo
Principal & interest$3,721
Property taxes$689
Homeowners insurance$204
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On our team, vettedYour info is never soldWith you through closing

Tour this home

In person, on your schedule — a dwello agent meets you there.
WED
Jun 3
THU
Jun 4
FRI
Jun 5
SAT
Jun 6
11:00 am
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4 days on dwello
Price history
Listed for sale
Jun 17, 2026
$699,900
Earlier records
Listed
Mar 31, 2026
$699,900
From MLS records — independently verify.
Property taxes
2025
Annual tax bill (MLS)
$8,267/yr
Assessed value
2025
County assessor
$44,218~$442,180 mkt
2024
$41,000~$410,000 mkt
2023
$24,000~$240,000 mkt
2022
$24,000~$240,000 mkt
2021
$24,000~$240,000 mkt
2020
$21,751~$217,510 mkt
2019
$24,718~$247,180 mkt
2018
$24,718~$247,180 mkt
Assessed value from the Cook County Assessor (open records). Estimated market ≈ assessed × 10 for residential; not an appraisal — verify with the assessor.

Features

Natural GasForced AirAluminum SidingBrickPublic SewerOff AlleyOff Street
Neighborhood
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Nearby places via OpenStreetMap — approximate; verify what matters to you. Map © Mapbox © OpenStreetMap.
MLS listing dataMRED
Listed by Nikia Evans · Keller Williams Preferred Rlty
Listing last updated Jun 20, 2026 · data refreshed from the MLS Jun 20, 2026, 8:02 AM CT
Based on information submitted to the MLS GRID as of Jun 20, 2026, 8:02 AM CT. Listing data © MRED LLC, distributed by MLS GRID — deemed reliable but not guaranteed; independently verify. Anything shown below this point is not MLS listing data.
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