BEDS6
BATHS2 full
MLS#12628139
STATUSNew
PROPERTY TYPEMulti Unit - Multiple
SCHOOLDistrict 299
Property Description
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. Previous buyer got cold feet prior to inspection.
Property Features
Property Type: Multi Unit - Multiple
Basement: Unfinished, Full
Basement: Yes
Heating: Natural Gas, Forced Air
Lot Size: 0.09 Acres
Roof Type: Flat
Taxes: $7,662
Year Built: 1895
Feature Descriptions
Exterior: Brick
Lot Dimensions: 4025 SF
Parcel#: 20151070400000
Parking: Off Alley, Yes, Owned
Sewer: Storm Sewer
Total Rooms: 12
Township: Hyde Park
Water: Lake Michigan
Local Schools
School District: District 299
Listed By / Shown By
Listed By
Agency Name: Baird & Warner
Agency Phone: 773-326-6500
Shown By
Agent Name: Jackie Tabor
Agent Phone: (815) 520-6134
Agency Title: Gambino Realtors
Estimate Your Payment
Estimated Payment
$ 2,207.13 per month $1,473.98 Principal & Interest $638.50 Property Tax $94.65 Homeowner's InsuranceChange Payment Information
Jackie Tabor
Office: (815) 282-2222 ext. 1419
Cell: (815) 520-6134
Fax: (815) 282-2268
Direct: (815) 637-0176
Email Me
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5632 S Wabash Avenue | MLS# 12628139
This multi-family property located at 5632 S Wabash Avenue , Chicago, IL 60637 is currently listed for sale with an asking price of $324,500. S Wabash Avenue is located within the District 299 school district. Search Chicago real estate on jtabor.gogambino.com today.