Well-Maintained Two-Unit Brick
5632 S Wabash Avenue, Chicago, IL 60637
Two-unit building with income potential and recent improvements.
Type:Multifamily
- Added:
- Feb 10, 2026
- Days on Market:
- 102
- Last Refresh:
- Mar 17 at 1:15 pm
Property Features for 5632 S Wabash Avenue
General Information
- Standard status
- Active
- Property subtype
- Multifamily
Building Details
- Year Built
- 1895
Listing agent Cody Shipp License #475180410
Listing office Dream Town Real Estate
Listing date Feb 10, 2026
Source Crexi
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All listing content including descriptions, pricing, images are the copyrighted material of Dream Town Real Estate
HighLights
- Potential for rental income: Lower unit previously generated $24,000 annually as a short‑term rental.
- Two spacious units, each with three bedrooms and one full bathroom.
- Move‑in ready condition: Re‑stained hardwood floors, kitchens and bathrooms in superb condition.
- In‑unit laundry in both residences.
- Oversized upper unit layout with generous bedroom sizes.
- Cleared basement with potential for a future garden unit.
Overview
This well-maintained two-unit brick building features expansive layouts and soaring ceilings. Each unit includes three spacious bedrooms and one full bathroom. The upper unit offers an oversized layout with generous bedroom sizes due to an extended stairwell. Both units are designed for functionality and comfort. The lower unit has a history of successful short-term rentals, generating approximately $24,000 annually while being utilized only 50% of the year. Recent improvements include the addition of in-unit laundry in both residences and a fully cleared basement, which provides 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 suitable 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.
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Location Insight
- Map
- Local Demand
- City
- Chicago
- County
- Cook
- State
- Illinois
- Longitude
- -87.6245
- Latitude
- 41.7918483
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FAQs
What type of property is this?
Duplex - Two-unit building with income potential and recent improvements.
Where is this duplex located?
The property is located at 5632 S Wabash Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $339,000.
What are key features of this property?
This property features: Potential for rental income: Lower unit previously generated $24,000 annually as a short‑term rental.; Two spacious units, each with three bedrooms and one full bathroom.; Move‑in ready condition: Re‑stained hardwood floors, kitchens and bathrooms in superb condition.
