Legal 4-Unit Condo
For Sale
$1,075,000
Pending
5137 S Wabash Avenue Chicago, Chicago, IL 60615
Four spacious 3-bedroom units feature in-unit laundry, fireplaces, and gated rear parking.
Property SizeContact for details
Days on Market43
Property Features for 5137 S Wabash Avenue Chicago
General Information
Standard status
Pending
Total Parking Spaces
3
Property subtype
Two to Four Units
Zoning
MULTI
Additional Details
Multifamily Units
4
Taxes and HOA fees
Annual Taxes
$18,148
Amenities
Whirlpool,Separate Shower,Double Sink
8
12
4
Public
3
35 X 165
0.1
No
TV-Cable,Intercom,CO Detectors,Ceiling Fan(s),Sump Pump
Yes,Owned
Concrete Perimeter
Building Details
Year Built
2009
Listing Agency:
(847) 558-6808
Listed By:
Jaycee Ochoa
(847) 558-6808
Source:
Remaxadream
Added: Jul 9
Changed: Aug 8
Last Checked: Jul 23 at 2:55AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Jaycee Ochoa
Investment Insights
Based on property information with market context.
This is a legal four-unit property originally built in 2009 as individual condos and now positioned for new ownership. The building provides three-bedroom, two-bath apartments throughout, with stainless steel appliances, granite countertops, marble baths, fireplaces, and in-unit washer/dryers. The top three units have refinished hardwood floors, while the lower level features newer wood plank vinyl flooring. Recent building improvements include two hot water tanks installed in 2020–2021 and three new A/C units installed in 2024–2025.
Set on an extra-wide lot, the property includes a fully gated rear parking area designed to support secure, off-street parking for residents.
The layout is well-suited for long-term income generation or an owner-occupant arrangement, with the opportunity to live in one unit while other units contribute rental income.
Set on an extra-wide lot, the property includes a fully gated rear parking area designed to support secure, off-street parking for residents.
The layout is well-suited for long-term income generation or an owner-occupant arrangement, with the opportunity to live in one unit while other units contribute rental income.
Key Highlights
- Legal 4‑unit property built in 2009, offering four 3‑bedroom/2‑bath apartments with 12 total bedrooms and 8 full baths.
- All units include in‑unit washer/dryers plus stainless steel appliances and granite countertops.
- Living areas feature fireplaces, marble baths, and bedroom/bath design elements across all four apartments.
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
1,389
Businesses Nearby
Explore this area
Business Placement
Demographics for 60615, IL
43,502
Population
24,997
Households
1.7
Avg Household Size
35
Median Age
61%
College-Educated
93%
High-School Grad
2.2 sq mi
ZIP Area
19,774
Density / Sq Mi
$62,105
Median Household Income
$47,186
Median Earnings
$1,444
Median Rent
$305,200
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Four spacious 3-bedroom units feature in-unit laundry, fireplaces, and gated rear parking.
Where is this quadplex located?
The property is located at 5137 S Wabash Avenue Chicago Chicago, IL.
What is the asking price?
The asking price for this property is $1,075,000.
What are key features of this property?
This property features: Legal 4‑unit property built in 2009, offering four 3‑bedroom/2‑bath apartments with 12 total bedrooms and 8 full baths.; All units include in‑unit washer/dryers plus stainless steel appliances and granite countertops.; Living areas feature fireplaces, marble baths, and bedroom/bath design elements across all four apartments.
