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5632 S Wabash Avenue

Chicago, IL 60637
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Bed 6

Bed

Bath 2

Bath

Acres0.09

Acre(Lot)

Ask your broker about terrific grants available! The property is eligible for up to $15,000 in assistance and a home warranty. Welcome to this well-maintained two-unit brick building offering expansive layouts, soaring ceilings, and three spacious bedrooms with one full bathroom in each unit. The upper unit benefits from an oversized layout, with particularly generous bedroom sizes created by the extended stairwell, while both units offer excellent functionality and comfort. The lower unit has previously operated as a successful short-term rental, generating approximately $24,000 annually while being utilized only half of the year. Recent improvements by the current owners include the addition of in-unit laundry in both residences and a fully cleared basement, providing a strong foundation for a potential future garden unit. Both units feature re-stained hardwood floors, with kitchens and bathrooms in superb condition and move-in ready. The property is well suited for an owner-occupant seeking rental income or as a full investment opportunity. The area is poised for continued appreciation, supported by significant nearby development, including multi-billion-dollar investments such as the Obama Presidential Library in adjacent Woodlawn.

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Detail Ic Property Details

Property Type : Residential Income

Price : $299,999

AD Id : 85052750

MLS Id : MRD12680948

Beds : 6

Lot Size : 0.09 Acre

Year Built : 1895

County : Cook

  • Map Map

Map

Feature Features

  • Bedroom Information

    Total Bedroom: 6

    Bathroom Information

    Total Baths: 2

    Room Information

    Rooms Total: 12

    Interior Features

    Roof: Flat

    Roofing Information

    Flat
  • Flooring Information

    Construction Materials: Brick
  • Heating & Cooling

    Heating: Natural Gas, Forced Air WaterSource: Lake Michigan

  • Building Information

    Year Built: 1895

  • Lot Information

    Lot Dimensions: 4025 SF Lot Acres: 0.09 Lot Size: Less Than .25 Acre

    Property Information

    Property Type: Residential Income Sub Type: Two to Four Units

  • Listing Price Information

    Original List Price:$299999

  • Tax Information

    Annual Tax: $7662.67 Tax Year: 2024 Parcel Number: 20151070400000 Tax Exemption: None

  • Utility Information

    Sewer: Storm Sewer Water Source: Lake Michigan
  • Location Information

    City: Chicago Direction: STATE TO 56TH ST EAST TO WABASH
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
6505 S Woodlawn Avenue, Chicago, IL, 60637 $549,900 3 3 1,888 1,888 SqFt
115 E 60th Street #2, Chicago, IL, 60637 $89,900 2 1 950 950 SqFt
6500 S Ingleside Avenue, Chicago, IL, 60637 $930,000 9 6 --
5802 S Blackstone Avenu.., Chicago, IL, 60637 $459,000 3 2 1,600 1,600 SqFt
6450 S Greenwood Avenue, Chicago, IL, 60637 $644,900 4 4 3,000 3,000 SqFt
1323 E 61st Street, Chicago, IL, 60637 $789,000 4 4 3,000 3,000 SqFt
6123 S Woodlawn Avenue #3, Chicago, IL, 60637 $449,000 4 2 2,200 2,200 SqFt
6933 S Michigan Avenue, Chicago, IL, 60637 $270,000 5 2 1,173 1,173 SqFt
5843 S Indiana Avenue, Chicago, IL, 60637 $375,000 4 4 3,200 3,200 SqFt
1552 E 65th Place #3, Chicago, IL, 60637 $168,000 2 1 1,200 1,200 SqFt
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ByOwner last updated this listing 06/19/2026 @ 18:20

MLS: MRED #12680948 LISTED BY: Cody Shipp, Baird & Warner 773-326-6500 SOURCE: Midwest Real Estate Data LLC (MRED) (Listings courtesy of Midwest Real Estate Data LLC (MRED) as distributed by MLS GRID)

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