5632 S Wabash Avenue Chicago, IL $ 339,000
5632 S Wabash Avenue
$ 339,000
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5632 S Wabash Avenue

Chicago, IL, 60637
$ 339,000
Bedrooms6 Baths2.0

Monthly Estimate*

$ 2,087

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Multi-Family Home for sale in Chicago, IL

for $339,000 with 6 bedrooms and 2 full baths. This home was built in 1895 on a lot size of 0.09.

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.

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Multi-Family Active

Price

$ 339,000

Bedrooms

6

Full Bath

2

Property Type

Multi-Family

Taxes

$ 7,662

Style

Lot Size

0.09

Year Built

1895

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12563016

Features
General
Sewer Storm Sewer
Heating Natural Gas Forced Air
Possession Closing
Roof Flat
Zoning MULTI
Construction Materials Brick
Year Built 1895
Township Hyde Park
Tax Year 2024
Ownership Fee Simple
Community Features Sidewalks Street Lights Street Paved
County Cook
New Construction N
Property Type Residential Income Two to Four Units
Total Rooms 12
Status Active
Directions STATE TO 56TH ST EAST TO WABASH
City Chicago
High School District 299
MLS Area CHI - Washington Park
Tax Annual Amount 7662.67
Virtual Tour https://real.vision/5632-south-wabash-avenue?o=u
Standard Status Active
Middle/Junior School District 299
Elementary School District 299
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Interior
Basement Unfinished Full
Total Bedrooms 6
Total Baths 2
Bedrooms Possible 6
Full Baths Building 2
Half Baths Building 0
Total Number of Units 2
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Exterior
Parking Features Off Alley Yes Owned
Water Source Lake Michigan
Total Parking 4
Lot Dimensions 4025 SF
Lot Size Acres 0.09
Waterfront Y/N N
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* Excluded Features
List By
Baird & Warner

Broker

cody@shipphomes.com;cody@shipphomes.com

Email

Affordability Calculator

$2,726
Per Month
77%
23%
0%
Monthly Principal & Interest
$2,087
Monthly Property Taxes
$639
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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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Nearby
566059 Elementary School
566846 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/11/2026$339,000 Listed Price

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5632 S Wabash Avenue, Chicago, IL, 60637 is a Multi-Family Home for sale at $339,000 with a lot size of 0.09. 5632 S Wabash Avenue has 6 bedrooms, 2.0 baths, and was built in 1895. The property's zip code is 60637 which is in Chicago, IL