Active
5632 Wabash Avenue
Chicago, IL 60637
$324,500
6beds
2baths
—sqft
0.09acres
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About this home
Ask your broker about terrific grants available! The property is eligible for up to $15,000 in assistance and a home warranty. 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 half 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. Previous buyer got cold feet prior to inspection.
MLS Description — as provided by the listing brokerage.
The facts
Property typeResidential Income
Year built1895
Lot size0.09 acres
Annual tax$7,662.67
CountyCook
MLS #MRD12628139
Days on market1
Features
Heating
Natural GasForced Air
Parking
Off AlleyYesOwned
Construction
Brick
Sewer
Storm Sewer
Listed by
Baird & Warner
Cody Shipp
Listing courtesy of mred MLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID as of 4/23/2026, 9:15:03 PM. All data should be independently verified.
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