5302 S Prairie Avenue, Chicago, Illinois 60615

$999,000
9
BD
9
BA

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List Price
$999,000
Price Change
▼ $500 1788905185
MLS#
12694337
Status
PRICE CHANGE
Type
Multifamily
Subtype
Residential Income
Bedrooms
9
Bathrooms
9
County
Cook
City
Chicago
Neighborhood
Washington Park
Days On Market
Unknown

Property Description

Introducing one of Chicago's most exceptional new construction trophy investments-an architectural masterpiece that effortlessly blends sophisticated luxury, uncompromising craftsmanship, and extraordinary income-producing potential. Situated on an oversized lot in one of the city's fastest-appreciating neighborhoods, this spectacular three-unit building sets a new benchmark for modern multifamily living. Each expansive residence offers approximately 1,500 square feet of impeccably designed living space featuring three spacious bedrooms, three designer bathrooms, and an extraordinary floor plan that lives like a luxury single-family home. Every unit boasts two lavish primary suites with spa-inspired baths, creating an unparalleled level of comfort, flexibility, and privacy rarely found in today's market. Designed to impress from the moment you enter, the stunning open-concept interiors showcase exquisite finishes throughout, including custom designer cabinetry, premium quartz countertops, striking statement backsplashes, stainless steel appliances, expansive entertaining spaces, private balconies, abundant natural light, and convenient in-unit laundry hookups. Every finish has been thoughtfully curated to deliver a timeless blend of elegance, functionality, and modern sophistication. Built with exceptional attention to detail, this remarkable property features enhanced sound insulation between floors and exterior walls, providing superior privacy and an elevated living experience. A one-year builder warranty offers additional confidence and peace of mind. The outdoor living is equally impressive, featuring an expansive, fully fenced backyard designed for entertaining, gatherings, and everyday enjoyment, along with three dedicated exterior parking spaces. Perfectly positioned just moments from the CTA Green Line, only two blocks from Washington Park, and minutes from the transformative Obama Presidential Center, this extraordinary investment stands at the heart of one of Chicago's most exciting redevelopment corridors. Surrounded by billions of dollars in public and private investment-including the visionary 62-acre 78th Neighborhood development along the Chicago River-this location is poised for exceptional long-term appreciation and sustained demand. Whether you're a seasoned investor seeking a prestigious addition to your portfolio or an owner-occupant looking to offset your mortgage with substantial rental income, opportunities of this caliber are exceedingly rare. Every square foot reflects refined design, enduring quality, and exceptional craftsmanship. This is more than a multifamily property-it is a legacy investment, a trophy asset, and a statement of excellence that will captivate even the most discerning buyer.

Additional Information

School District
299
Corporate Limits
Chicago
Tax Year
2025
Year Built
2026
Exterior Property Features
Balcony
Lot Dimensions
25X162
Lot Size Range
Less Than .25 Acre
Units
3
Parking Spaces
3
Parking Details
Yes, Owned
Heating
Natural Gas
Sewer
Public Sewer

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