Chicago, IL 60637 5632 S Wabash Avenue
$299,999



15 more















Presented By: Baird & Warner
Home Details
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.
Presented By: Baird & Warner
Interior Features for 5632 S Wabash Avenue
Bedrooms
Bedrooms Possible6
Total Bedrooms6
Bathrooms
Full Baths Building2
Half Baths Building
Total Baths2
Other Interior Features
BasementUnfinished, Full
Total Number of Units2
General for 5632 S Wabash Avenue
CityChicago
Community FeaturesSidewalks, Street Lights, Street Paved
Construction MaterialsBrick
ContingencyAttorney/Inspection
CountyCook
DirectionsSTATE TO 56TH ST EAST TO WABASH
Elementary School District299
HeatingNatural Gas, Forced Air
High School District299
MLS AreaCHI - Washington Park
Middle/Junior School District299
New ConstructionNo
OwnershipFee Simple
PossessionClosing
Property TypeResidential Income
Property TypeTwo to Four Units
RoofFlat
SewerStorm Sewer
Standard StatusActive Under Contract
StatusContingent
Tax Annual Amount7662.67
Tax Year2024
Total Rooms12
TownshipHyde Park
Virtual TourClick here
Year Built1895
ZoningMULTI
Exterior for 5632 S Wabash Avenue
BuyerOfficeFax(877) 445-4192
Lot Dimensions4025 SF
Lot Size Acres0.09
Parking FeaturesOff Alley, Yes, Owned
Total Parking4
Water SourceLake Michigan
Waterfront Y/NNo
Additional Details
Price History
