5632 S Wabash Avenue, Chicago, IL 60637

• 6 beds |
• 2 baths

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

Interior

• Basement: UnfinishedFull
• Heating: Natural GasForced Air

Exterior

• Parking: Off AlleyYesOwnedParking spaces: 4

Construction

• Roofing: Flat

Location

• HOA Amenities: SidewalksStreet LightsStreet Paved
• Originating MLS: mred
• School District: 299
• County: Cook

Lot

• Zoning: MULTI20151070400000

Utilities

• Water: Lake Michigan
• Sewer: Storm Sewer

Financial

• Source: mred
• Ownership: Fee Simple