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    Two-Unit Brick Building in Chicago Title is generated by Realmo AI

    5632 S Wabash Avenue, Chicago, IL 60637

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    Claim this Listing
    For Sale
    Under Contract
    $299,999

    MULTI_FAMILY - Chicago, IL

    Lot size:
    0.09 Acres
    Added:
    Apr 23, 2026
    Days on Market:
    56
    Last Refresh:
    Jun 17 at 3:06 am

    Property Features for 5632 S Wabash Avenue

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    MULTI
    Bedrooms
    6
    Bathrooms
    2
    Rooms
    Bedroom 3, Bathroom 2, Bedroom 2, Bedroom 4, Bedroom 5, Bedroom 6, Basement, Bedroom 1, Bathroom 1
    Parking
    4
    Parking features
    Owned, Off Alley
    Basement
    Unfinished, Full
    Standard status
    Active Under Contract
    APN
    20151070400000
    Lot size
    0.09 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Annual Amount
    7663

    Utilities

    Heating system
    Forced Air, Natural Gas

    Building Details

    Year built
    1895
    Building materials
    Brick
    Roof type
    Flat

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    Listing Contact
    Cody Shipp
    Cody Shipp

    Listing agent Cody Shipp

    Listing office Baird & Warner 4553 N Lincoln Ave, Chicago, IL

    Listing date Apr 23, 2026

    MLS# 12628139 Listing URL

    Copyright © 2026 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.

    HighLights

    • Two‑unit brick building built in 1895 with flat roof
    • Each unit offers 3 spacious bedrooms and 1 full bathroom
    • In‑unit laundry added in both residences
    • Lower unit previously operated as a short‑term rental, generating approximately $24,000 annually while used about half the year
    • Recent updates include re‑stained hardwood floors, and kitchens and bathrooms reported in superb condition (move‑in ready)
    • Heating is forced air with natural gas; basement is fully cleared and provides potential for future garden unit

    Overview

    This well-maintained two-unit brick building features expansive layouts and high ceilings. Each unit includes three spacious bedrooms and one full bathroom. The upper unit offers an oversized layout with generously sized bedrooms due to an extended stairwell. Both units are designed for functionality and comfort. The lower unit has been successfully operated as a short-term rental, generating approximately $24,000 annually while being utilized only half 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. It 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. The property sits on a lot of approximately 0.09 acres.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Accounting Firm

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

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.624493
    Latitude
    41.79184

    FAQs

    What type of property is this?
    Duplex - Well-maintained two-unit building with income potential and recent upgrades.
    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 $299,999.
    What are key features of this property?
    This property features: Two‑unit brick building built in 1895 with flat roof; Each unit offers 3 spacious bedrooms and 1 full bathroom; In‑unit laundry added in both residences
    More about this property
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