Listing provided courtesy of Baird & WarnerMREDas Distributed by MLSGrid- MLS# 12680948MLS Provider

5632 S Wabash AvenueChicago, IL 60637

Multi-Family · 6 Beds · 0.09 Acres
$299,999 Active

5632 S Wabash Avenue Overview

Time on Site:
12 days
Visits:
0

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.

Love this property?
Create a profile so you can receive updates on this property as soon as they happen!
View Map

5632 S Wabash Avenue Facts & Features

  • Type Multi-Family
  • Lot 0.09 Acres

Details

General

School Information

  • School District: 299

Building Information

  • New Construction: No
  • Year Built: 1895

Location/Region

  • County Or Parish: Cook
  • MLS Area Major: CHI - Washington Park
  • Township: Hyde Park

Community/Development

  • Community Features: Sidewalks, Street Lights, Street Paved

Tax Information

  • Tax Annual Amount: $7,662.67
  • Tax Year: 2024

General Information

  • Ownership: Fee Simple
  • Parcel Number: 20151070400000
  • Property Type: Residential Income
  • Special Listing Conditions: None
  • Zoning: MULTI

Interior

Parking Information

  • Half Baths Building: 0

Beds/Baths

  • Bathrooms Total: 2
  • Bedrooms Total: 6
  • Bedrooms Possible: 6
  • Full Baths Building: 2

General Information

  • Basement: Unfinished, Full
  • Heating: Natural Gas, Forced Air
  • Rooms Total: 12

Exterior

Parking Information

  • Parking Features: Off Alley, Yes, Owned
  • Parking Total: 4

Lot Information

  • Lot Size Dimensions: 4025 SF
  • Water Source: Lake Michigan

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Construction Materials: Brick
  • Roof: Flat

General Information

  • Sewer: Storm Sewer

Unit Information

Unit 1 Details

  • Unit Type: Unit 1
  • Actual Rent: 0
  • Beds Total: 3
  • Baths Total: 1

Unit 2 Details

  • Unit Type: Unit 2
  • Actual Rent: 1400
  • Beds Total: 3
  • Baths Total: 1

5632 S Wabash Avenue Neighborhood

Community

60637 (Chicago) Demographics

31
Median Age
8,890
Population Density (per sq. mile)
41%
College Educated
$30,149
Estimated Median Income
4,970
Estimated Total Home Owners
15,152
Estimated Total Renters
25% / 75%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

5632 S Wabash Avenue Monthly Cost

$
$ %
%
$
$
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

5632 S Wabash Avenue Market Data

Based on the last 30 days in this zip code

$393,653
Average List Price
$235
Average Price per Square Foot
24
Properties Sold
105
Average Days on Market
115
Properties for Sale
Calculations provided by Reliance Network

5632 S Wabash Avenue History

Date Event Value Agent
6/23/2026Source: MRED Status Change
Active
6/17/2026Source: MRED Added to Database
June 17, 2026
12/10/2022Source: MRED Status Change
Closed
10/25/2022Source: MRED Status Change
Contingent
10/20/2022Source: MRED Status Change
Active
10/15/2022Source: MRED Price Reduction
$340,000 -5.6%
10/15/2022Source: MRED Status Change
Price Change
8/20/2022Source: MRED Status Change
Active
8/15/2022Source: MRED Added to Database
August 15, 2022
6/20/2022Source: MRED Added to Database
January 27, 2022