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About the Listing 88718 - 889599
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 Highlights
Status
Active
Days on Site
14
Property Type
Multi-Family
MLS ®
12563016
Year Built
1895
Total Square Footage
0
Lot/Acreage
0.09
Interior Details
- Bedrooms: 6
- Bathrooms: 2 Full
- Appliances:
- Air Cond:
- Heating: Natural Gas,Forced Air
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: Unfinished,Full
- Other:
- Water: Lake Michigan
Exterior Details
- Garage Capacity: N/A
- Parking Spaces: 4
- Lot Dimensions: 4025 SF
- Zoning: MULTI
- Roof: Flat
- Others:
- Sewer: Storm Sewer
- Parking Features: Off Alley,Yes,Owned
Financial Details
- Tax Amount: $7,663
- Taxes w/Assessments: N/A
- Tax/Property ID: 20151070400000
- Tax Year: 2024
Payment Calculator
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Questions About..
5632 S Wabash Ave Chicago, IL 60637
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