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.
Property Map
Please use the print button to include maps when printing.
For more information about 5200 S Prairie, Chicago, IL 60615 contact Corcoran Urban Real Estate.
Broker Reciprocity
Listing provided by Keller Williams Preferred Rlty
All information provided is deemed reliable but is not guaranteed and should be independently verified.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Midwest Real Estate Data LLC. Real estate listings held by brokerage firms other than Urban Real Estate are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.