Washington Park

A pair of three-unit residential buildings were permitted in mid-July for a vacant lot on the northwest corner of South Wabash Avenue and East 56th Street in the Washington Park neighborhood. On July 14th, permits for 5542 and 5544 South Wabash came through to allow for the construction of two three-flats from Knightsbridge Development LLC. Although the specs detailed in the two permits are the same, 5542 carries with it a reported cost of $450,000, while 5544 cites a reported cost of $550,000.

A pair of three-flats have been permitted for construction on the northwest corner of South Wabash Avenue and East 56th Street in the Washington Park neighborhood. 5542 and 5544 South Wabash both came through on July 14 and have the exact same specifications. However, 5542 waited 16 days longer in the data portal and has a reported cost $100,00 higher than its next-door neighbor at 5544.

A Chicago builder that received a permit to erect a three-flat residence on South Prairie Avenue in Washington Park back in January will construct three more on adjacent lots. Reliable Home Remodeling & Construction Company got their latest permit on May 29, allowing for a three-story slab-on-grade building at 5306 South Prairie Avenue. The permit came through with a reported cost of $500,000, 71 days after its application start date.

A developer from Richton Park, Il received permission last week to construct a three-flat on the same Washington Park block where they got a trio of permits back in June 2025. The Kolossal Group submitted an application on October 15 of last year for 5653 South Prairie Avenue, and that permit came through on February 20 with a reported cost of $500,000.