5632 S Wabash Ave

Chicago IL 60637

0.09 ac.

Multi-Family

Currently for sale - view listing

Overview

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.

Features

6 bedrooms

2 bathrooms

4 carspaces

0.09 ac. lot size

Multi-Family

Property history for 5632 S Wabash Ave

2022

Sold

Undisclosed

09 Dec 2022 by Bruce Stafford, of Infiniti Properties, Inc.

2020

Sold

$187,000

30 Jan 2020 by Marc Whitley, of Homesmart Connect LLC

Happy sellers in Chicago

We have insufficient information to provide an overview of customer satisfaction for Chicago. Viewing the agent profiles, reviews and sales for Chicago can provide insights for this location.