$384,000

6712 S Wabash Avenue, Chicago, IL 60637

9 beds |
5 baths

Multi-Family Home
Built in 1898
—— sqft lot
—— car garage
$——/sqft
Listed 8 months ago

Property Description

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.

Listing Status:: Active
Data Last Updated:: May 20, 2026 at 7:18AM
Listing Office:: Coldwell Banker Realty : 847-363-2230
Listing Agent:: Briana Cattledge : 847-363-2230
MLS ID:: 12471061

Basement: UnfinishedWalk-Up AccessWalk-Out Access
Heating: Natural Gas

Parking: Off AlleyYesOwnedParking spaces: 2

Roofing: Flat
General: Concrete Perimeter

HOA Amenities: GatedSidewalksStreet Lights
Originating MLS: mred
School District: 299
County: Cook

Zoning: 20223000190000

Water: Public
Sewer: Public Sewer

Source: mred
Ownership: Fee Simple

This listing courtesy of Briana Cattledge , Coldwell Banker Realty

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

Ready to Start a VA Loan?

Get Started

NMLS #1907 ^†

Get Prequalified »

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.