$339,000

5632 S Wabash Avenue, Chicago, IL 60637

  • 6 beds |
  • 2 baths
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1895
  • Property Lot Size Icon3,920sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 2 days ago

Property Description

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 50% 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.

Listing Status:
Active
Data Last Updated:
February 13, 2026 at 6:19PM
Listing Office:
Baird & Warner : 312-450-0665
Listing Agent:
Cody Shipp : 312-450-0665
MLS ID:
12563016
  • Basement: UnfinishedFull
  • Heating: Natural GasForced Air
  • Parking: Off AlleyYesOwnedParking spaces: 4
  • Roofing: Flat
  • HOA Amenities: SidewalksStreet LightsStreet Paved
  • Originating MLS: mred
  • School District: 299
  • County: Cook
  • Zoning: MULTI20151070400000
  • Water: Lake Michigan
  • Sewer: Storm Sewer
  • Source: mred
  • Ownership: Fee Simple

This listing courtesy of Cody Shipp , Baird & Warner

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  â€ 
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

C

Carter Elementary School

5740 S Michigan Ave, Chicago, IL, 60637

Grades PK-8

0.16 miles away

C

Carter Elementary School

5740 S Michigan Ave, Chicago, IL, 60637

Grades PK-8

0.16 miles away

D

Dyett High School

, Chicago, IL, 60615

Grades 12-12

0.80 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

Similar Listings Nearby