5824 S Wabash Avenue Chicago, IL $ 425,000
5824 S Wabash Avenue
$ 425,000
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5824 S Wabash Avenue

Chicago, IL, 60637
$ 425,000
Bedrooms12 Baths3.0

Monthly Estimate*

$ 2,969

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Multi-Family Home for sale in Chicago, IL

for $425,000 with 12 bedrooms and 3 full baths. This home was built in 1890.

This 3-unit property includes 12 beds and 3 full baths. Each unit features 4 spacious bedrooms, 1 full bath, large living rooms, and a large window exposure ensuring an abundance of natural sunlight. Although the interior requires repairs, envision the lucrative rewards of renovating and building equity. This is your chance to capitalize on great passive cash flow by renting out all three units. The strategic location on historic Wabash Ave, mere blocks from Washington Park, close to Dan Ryan and the Red line, makes this an irresistible investment. Backyard is offering ample space for outdoor entertainment, gardening, and the potential for additional construction.

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Multi-Family Contingent

Price

$ 425,000

Bedrooms

12

Full Bath

3

Property Type

Multi-Family

Taxes

$ 4,235

Style

Year Built

1890

Town/City

Chicago

County/Region

Cook

MLS | Web ID

11994154

Features
General
Heating Natural Gas
Possession Closing
Year Built 1890
Township Hyde Park
Tax Year 2021
Percent Ownership Fee Simple
County Cook
New Construction N
Property Type Residential Income Two to Four Units
Contingency Attorney/Inspection
Total Rooms 21
Status Contingent
Directions Southwest corner of 58th Street & Wabash
High School Oak Lawn Comm High School
City Chicago
High School District 229
MLS Area CHI - Washington Park
Waterfront Y/N N
Street Name Wabash
Tax Annual Amount 4235
Days on Market 20
Standard Status Active Under Contract
Middle/Junior School District 299
Elementary School District 299
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Interior
Basement Full Finished
Street Suffix Avenue
Total Bedrooms 12
Total Baths 3
Bedrooms Possible 12
Full Baths Building 3
Half Baths Building 0
Total Number of Units 3
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Exterior
Water Source Lake Michigan
Total Parking 0
Lot Dimensions 4 347
Exterior Brick
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* Excluded Features
List By
Coldwell Banker Realty

Broker

brokerbroadway@gmail.com

Email

Affordability Calculator

$3,322
Per Month
89%
11%
0%
Monthly Principal & Interest
$2,969
Monthly Property Taxes
$353
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
565363 Elementary School
565252 Middle School
Oak Lawn Comm High School High School
Pricing History
DatePricePrice ChangeDescription
3/5/2024$425,000 Listed Price

Map


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5824 S Wabash Avenue, Chicago, IL, 60637 is a Multi-Family Home for sale at $425,000. 5824 S Wabash Avenue has 12 bedrooms, 3.0 baths, and was built in 1890. The property's zip code is 60637 which is in Chicago, IL