Search
Brick Duplex Requiring Rehabilitation
New
For Sale
$285,900

5851 S Wabash Avenue, Chicago, IL 60637

Residential Income, Chicago, IL

Property SizeContact for details
Days on Market2

Property Features for 5851 S Wabash Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 8
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 1, Bathroom 2, Bedroom 8, Bedroom 3, Basement, Bedroom 2, Bedroom 1, Bedroom 6, Bedroom 4, Bedroom 7, Bedroom 5
Parking 4
Parking features Off Alley
Basement Unfinished, Full
Elementary school district 299
Middle school district 299
High school district 299
Directions 55TH STREET TO WABASH,SOUTH TO ADDRESS
Subdivision CHI - Washington Park
Standard status Active
APN 20151200160000

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 7503

Utilities

Sewer type Public Sewer
Heating system Natural Gas
Water source Public

Building Details

Year built 1890
Building materials Brick
Listing Agency: Keller Williams ONEChicago · Keller Williams Realty
Listed By: Alisa McLaughlin
Added: Sep 21 Last Checked: Sep 22 at 7:06AM
MLS# 12740186

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.

Investment Insights

Based on property information with market context.

Built in 1890, this two-unit brick residential property includes a three-bedroom first-floor layout and a five-bedroom second-floor layout. The building requires rehabilitation and has a basement, two bathrooms, natural gas heat, public water, and public sewer. Off-alley parking is also provided.

The property offers access to the Dan Ryan Expressway, with downtown Chicago approximately 15 minutes away by the stated travel time. The University of Chicago is about a six-minute drive, and the new Presidential Library is approximately 10 minutes away. The existing duplex configuration may be restored for two residential units, while the source information also identifies the possibility of converting the building into one larger single-family residence.

Key Highlights

  • Two‑unit brick building constructed in 1890
  • Three bedrooms on the first floor and five bedrooms on the second floor
  • Rehabilitation required before occupancy

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence
Open Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm HVAC Service Building Supply Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

902
Businesses Nearby

Demographics for 60637, IL

53,555
Population
26,717
Households
2
Avg Household Size
31
Median Age
37%
College-Educated
89%
High-School Grad
4.5 sq mi
ZIP Area
11,901
Density / Sq Mi
$42,080
Median Household Income
$33,227
Median Earnings
$1,170
Median Rent
$243,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Duplex - Two-unit brick property with separate residential layouts and substantial renovation needs.
Where is this duplex located?
The property is located at 5851 S Wabash Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $285,900.
What are key features of this property?
This property features: Two‑unit brick building constructed in 1890; Three bedrooms on the first floor and five bedrooms on the second floor; Rehabilitation required before occupancy
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message