Chicago, IL 60637 6712 S Wabash Avenue
$389,000



3 more



Presented By: Coldwell Banker Realty
Home Details
Welcome to 6712 South Wabash Avenue, a 4-unit plus garden property offering tremendous potential for both immediate income and long-term growth. Situated on a spacious double lot, this property provides not only ample space for tenants but also room for expansion, creative development, or future value-add opportunities. Currently, the building is generating a sustainable income stream, with strong rental demand in the area and just one unit left to be fully rented. Once fully occupied, the property projects a healthy cash flow, exceeding $60,000 per year. This makes it an excellent choice for both first-time investors and seasoned landlords looking to grow their portfolios with a high-performing asset. The double lot further enhances its income potential by opening the door to expansion options or creative outdoor amenities that can increase tenant appeal. Another major advantage is its convenient location. Nestled in the Greater Grand Crossing neighborhood, this property is located just off the Dan Ryan Expressway, offering quick access to Downtown Chicago, Hyde Park, and surrounding neighborhoods. Tenants benefit from easy commuting options, proximity to shopping, dining, and community amenities-making this an attractive rental choice for years to come. Finally, the property is competitively priced to sell, offering exceptional value in today's market compared to other multi-unit opportunities. Photos are virtually staged.
Presented By: Coldwell Banker Realty
Interior Features for 6712 S Wabash Avenue
Bedrooms
Bedrooms Possible9
Total Bedrooms9
Bathrooms
Full Baths Building5
Half Baths Building
Total Baths5
Other Interior Features
BasementUnfinished, Walk-Up Access, Walk-Out Access
Total Number of Units4
General for 6712 S Wabash Avenue
CityChicago
Community FeaturesGated, Sidewalks, Street Lights
Construction MaterialsBrick
CountyCook
Directions6700 MARQUETTE ROAD TO WABASH SOUTH TO ADDRESS
Elementary School District299
HeatingNatural Gas
High School District299
MLS AreaCHI - Greater Grand Crossing
Middle/Junior School District299
ModificationTimestamp2025-11-05T06:07:08.961Z
New ConstructionNo
OwnershipFee Simple
PossessionClosing
Property TypeResidential Income
Property TypeTwo to Four Units
RoofFlat
SewerPublic Sewer
Standard StatusActive
StatusActive
Tax Annual Amount3798
Tax Year2023
Total Rooms21
TownshipHyde Park
Year Built1898
Exterior for 6712 S Wabash Avenue
Foundation DetailsConcrete Perimeter
Lot Dimensions165x50
Parking FeaturesOff Alley, Yes, Owned
Total Parking2
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History
