5632 South Wabash Avenue

Chicago, IL 60637

$345,000
Price
6
Beds
2
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Really spacious 2 unit brick building with a great layout, high ceilings and 3 bedrooms and 1 bathroom in each unit. The bedrooms in the upstairs unit are especially generous because of the extra space taken by the hallway going up but both are fantastic. The downstairs unit has previously been an airbnb and generated $24,000 per annum whilst only being made available 50% of the year. Current owners added laundry in both units and cleared out the basement, ready for the addition of a garden unit...Really spacious 2 unit brick building with a great layout, high ceilings and 3 bedrooms and 1 bathroom in each unit. The bedrooms in the upstairs unit are especially generous because of the extra space taken by the hallway going up but both are fantastic. The downstairs unit has previously been an airbnb and generated $24,000 per annum whilst only being made available 50% of the year. Current owners added laundry in both units and cleared out the basement, ready for the addition of a garden unit in the future. Re-stained hardwood flooring in both units, kitchens and bathrooms in good shape and ready for either you to enjoy, if you decide to live in one unit and rent the other or as a 100% investment. Currently rents for $3000 per month total with room to increase rents given the size and demand in this hot neighborhood. Tenants pay all utilities apart from water. Appreciation set to accelerate with the huge investment in the area, including multi billion Dollar projects, such as the Obama library in next door Woodlawn. Investment partnership is selling to release funds for something else.
  1. Listed by Ryan Pavey • Baird & Warner

Property Details for 5632 South Wabash Avenue

Area
CHI - Washington Park
Township
Hyde Park
Ownership
Fee Simple
Num Of Parking Spaces
2.0
Heat/Fuel
Natural Gas, Forced Air
Zoning
MULTI

Location

Listing Courtesy of Baird & Warner
Add your commute
LISTING UPDATED: 05/26/2024 12:07 AM

Property Details for 5632 South Wabash Avenue

StatusActive
MLS #12061020
Days on Market29
Taxes$4,216 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeTwo to Four Units / 2 Flat
Year Built1895
Lot Size0.09 AC / 3,920 SF
CountyCook County

Location

Listing Courtesy of Baird & Warner
Add your commute

Building Information for 5632 South Wabash Avenue

Stories-Residences2Year Built1895Building Size-Lot Size0.09 AC / 3,920 SF

Payment Calculator

$2,234 per month

30 year fixed, 7.25% Interest

Principal and Interest

$1,883

Property Taxes

$351

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 5632 South Wabash Avenue

General Information
School Information
  • Elementary School District: 299
  • High School District: 299
  • Middle Or Junior School District: 299
Addtl Parking Information
  • Parking: Space/s
  • Parking Details: Off Alley
  • Parking On Site: true
  • Parking Ownership: Owned
  • Open Parking Spaces: 2.0
Property Information
Interior Features
  • Num Of Rooms: 12
  • Bedrooms (Below Grade): 0
  • Community Features: Sidewalks, Street Lights, Street Paved
  • Basement Type: Full
  • Bedrooms Possible: 6
  • Basement Description: Unfinished
  • # Full Baths in Building: 2
  • # Half Baths in Building: 0
  • Num of Baths: 2.0
Utilities / Equipment
  • Sewer: Sewer-Storm
  • Water: Lake Michigan
Property/Lot Information
  • New Construction YN: No
  • Rebuilt: No
  • Rehabilitated: Yes
  • Rehab Year: 2018
  • Built Before 1978: Yes
  • Age: 100+ Years
  • Lot Size: Less Than .25 Acre
  • Lot Dimensions: 4025 SF
  • Total # Units in Building: 2.0
  • Waterfront: No
  • Exterior Building Type: Brick
  • Roof Type: Flat
  • General Information: Commuter Bus,Commuter Train
  • North Coordinate: 0
  • South Coordinate: 5632
  • East Coordinate: 200
  • West Coordinate: 0
  • 3 Br Un In Bldg: Yes
  • Conversion: N
Property and Assessments
  • Public Document Count: 1
  • Document Date: 2024-05-20T17:58:30
  • Photos Count: 21
  • Deconversion: N
  • OpenHouse Count: 0
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Unit 1
  • Unit Type Actual Rent: $1,600.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 1
  • Lease Expiration Date: M2M
Unit 2
  • Unit Type Actual Rent: $1,400.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 2
  • Lease Expiration Date: M2M

Property History for 5632 South Wabash Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 5632 South Wabash Avenue

This home is within City Of Chicago School District 299.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Charter - 9 to 12
Public - PK to 8
Rating
School
Distance
Carter Elementary School
PublicPK to 8

Phillips Academy High School
Public9 to 12

Ace Technical Charter High School
Charter9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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5632 South Wabash Avenue is a multi-family home for sale in Chicago, IL 60637. This property was listed for sale on May 20, 2024 by Baird & Warner, it's currently listed at $345,000. It has been on the market for a total of 29 days and was last sold on December 9, 2022. This listing's school district is City Of Chicago School District 299. Nearby schools include Carter Elementary School, Phillips Academy High School and Ace Technical Charter High School. 5632 South Wabash Avenue is a 6-bed, 2-bath, multi-family home built in 1895.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Baird & Warner

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Based on information submitted to the MLS GRID as of 05/26/2024 12:07 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.