Cook, US
An incredible opportunity for investors seeking a true value-add play in the heart of "Hot" Washington Park. This jumbo 6-flat features an expansive basement and oversized units-some approaching 1,800 sq ft with multiple bathrooms-but requires a full renovation. A new City of Chicago rear porch was installed approximately 15 months ago, providing a strong starting point for redevelopment. The property is conveniently located within walking distance to bus and rail transportation and just minutes from the University of Chicago campus. Sold AS IS / WHERE IS, with the buyer responsible for all City of Chicago violations. Renovated buildings in the area are achieving seven-figure sales. Cash or purchase-rehab financing only. Proof of funds or lender preapproval required for interior access. Opportunities like this are rare-don't miss it.
Courtesy Of: Keller Williams Preferred Rlty
Feature Highlights
- Built Before 1978
General Features
- List Date:
- 12/18/2025
Exterior Features and Amenities
- Lot Size Dimensions:
- 60 x 150
Financial
- Days On Market:
- 13
- Tax Annual Amount:
- $88.93
- Tax Year:
- 2024
Directions
Take I-90/94 to 51st Street, head east to Prairie Avenue, then go south to reach 5200 S Prairie Ave
The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of MRED LLC. Real Estate listings held by brokerage firms other than Hometown Real Estate are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data last updated: 2026-01-01.
Copyright 2026 MRED LLC