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5644 S Prairie Ave
Multi-Family
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$1,018,000

5644 S Prairie Ave, Chicago

14% below median
12 bd·8 ba·0 sqft
Built 2007Washington Park

5644 S Prairie Ave, Chicago, IL

12 bd · 8 ba · 0 sqft Multi-Family listed at $1,018,000, built in 2007 in the Washington Park neighborhood.

About this home

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.

Property details

Price
$1,018,000
Bedrooms
12
Bathrooms
8
Year built
2007
Type
Multi-Family
Days on market
133
Est. property tax
$21,174/yr · $1,765/mo · 2.08% IL avg

Estimated monthly payment

Down payment20% ($203,600)
Interest rate6.75%
Principal & Interest$5,282
Property Tax$933
Insurance$150
Total$6,365/mo

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Price history

▼ 0.1%Most recent change on 2026-04-21: $1,019,000 → $1,018,000.

$1.19M$1.10M$1.00M$1.18M on Apr 25 (Initial list)$1.17M on Apr 25 (Price change)$1.16M on May 25 (Price change)$1.15M on May 25 (Price change)$1.15M on Jul 25 (Price change)$1.11M on Aug 25 (Price change)$1.11M on Aug 25 (Price change)$1.05M on Dec 25 (Initial list)$1.05M on Dec 25 (Price change)$1.04M on Jan 26 (Price change)$1.03M on Feb 26 (Price change)$1.02M on Mar 26 (Price change)$1.02M on Apr 26 (Price change)$1.02M on Apr 26 (Price change)$1.02M on Apr 26 (Price change)$1.02M on Apr 26 (Price change)
$1.18M · Apr 25$1.02M · Apr 26
  1. Apr 21, 2026$1,018,000Price change
  2. Apr 17, 2026$1,019,000Price change
  3. Apr 15, 2026$1,020,000Price change
  4. Apr 10, 2026$1,022,500Price change
  5. Mar 18, 2026$1,025,000Price change
  6. Feb 18, 2026$1,035,000Price change
  7. Jan 16, 2026$1,040,000Price change
  8. Dec 28, 2025$1,049,000Price change
  9. Dec 14, 2025$1,050,000Initial list price
  10. Aug 18, 2025$1,112,000Price change
  11. Aug 4, 2025$1,112,500Price change
  12. Jul 7, 2025$1,149,000Price change
  13. May 19, 2025$1,150,000Price change
  14. May 2, 2025$1,155,000Price change
  15. Apr 22, 2025$1,174,500Price change
  16. Apr 15, 2025$1,175,000Initial list price

Location

This home is located in Chicago, IL. Browse more Chicago listings on the Chicago market page or explore the full Chicago market report.

About Chicago: Chicago is the most populous city in the U.S. state of Illinois and in the Midwestern United States. Located on the western shore of Lake Michigan, it is the third-most populous city in the United States, with a population of 2.74 million at the 2020 census. The Chicago metropolitan area has 9.41 million residents and is the third-largest metropolitan area in the country. Chicago is the seat of Cook County, the second-most populous county in the U.S. (source: Wikipedia)

Climate: Average year-round temperature is 51°F with 211 dry days per year and 39.9 inches of annual rainfall.

Location

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Home Intelligence

Neighborhood (zip 60637)

This neighborhood skews young (median age 31.2) and is primarily renter-occupied (26% owner-occupied). 14% hold a bachelor's degree; median household income is $37,247.

Median income
$37,247
Median age
31.2
Owner-occupied
25.7%
Bachelor's degree
14.4%
Census median home value
$240,600

Source: US Census Bureau American Community Survey 5-year estimates.

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