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    5330 S Wabash Ave Chicago, IL 60615

    For Sale
    $770,000

    Residential Income - Chicago, IL

    Days on Market:
    24
    Last Refresh:
    Dec 12 at 11:06 am

    Property Features for 5330 S Wabash Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    MULTI
    Rooms
    Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    12
    APN
    20103070390000
    Parking
    3

    Utilities

    Heating system
    Natural Gas

    Building Details

    Roof type
    Flat
    Architectural style
    Other

    Compass Real Estate

    Listing agent David Mishel (312) 733-7201 License #475159283

    Listing date Nov 19, 2025

    MLS# 12520924 Listing URL

    Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Chicago Multifamily Investment Opportunity

    This legal three-unit multifamily property is located in Chicago, near the upcoming Obama Presidential Center. Each unit is approximately 2,000+ square feet with 11-foot ceilings. The top floor unit, a four-bedroom, two-bathroom apartment, features a laundry room, newer carpet in the bedrooms, newer appliances, and a new refrigerator, with paint updated in 2024. The second-floor unit, refinished as of August 2025, is a four-bedroom, one-bathroom apartment with a laundry closet, new floors, a new vanity, new lights, and a new kitchen backsplash. The first-floor unit, a four-bedroom, two-bathroom apartment, includes a laundry closet, refinished floors from 2024, painted cabinets, a new backsplash, updated bathrooms, and newer appliances and furnace. The property is near cultural and community activities, White Sox stadium, local beaches, and parks.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.624633
    Latitude
    41.7971244

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    FAQs

    What type of property is this?
    Apartment building - Legal three-unit building near Obama Presidential Center.
    Where is this apartment building located?
    The property is located at 5330 S Wabash Ave Chicago, IL.
    What is the asking price?
    The asking price for this property is $770,000.
    What are key features of this property?
    This property features: - Legal 3-unit multi-family property boasting an impressive 8.4% cap rate.; - Exceptionally large units, approximately 2,000+ sqft each, featuring soaring 11 ft ceilings.; - Recent renovations throughout, including a fully refinished 2nd-floor unit (August 2025).
    (312) 733-7201
    Request Owner's contact information
    5330 S Wabash Ave Chicago, IL 60615
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    Chicago, IL 60615
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5330 S Wabash Ave Chicago, IL 60615
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