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Stone Two-Unit Duplex
New
For Sale
$335,000

6947 S Wabash Avenue, Chicago, IL 60637

Residential Income, Chicago, IL

Property SizeContact for details
Lot Size0.09 Acres
Days on Market1

Property Features for 6947 S Wabash Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Zoning MULTI
Bedrooms 8
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 2, Bedroom 3, Basement, Bedroom 5, Bathroom 1, Bedroom 7, Bedroom 6, Bedroom 1, Bedroom 4, Bedroom 2, Bedroom 8
Parking 3
Parking features Owned, Off Alley
Basement Full, Unfinished
Elementary school district 299
Middle school district 299
High school district 299
Directions 69TH STREET E. OR W. TO WABASH, WABASH S. TO ADDRESS
Subdivision CHI - Greater Grand Crossing
Standard status Active
APN 20223130180000
Lot size 0.09 Acres

Taxes and HOA fees

Tax Year 2023
Tax Annual Amount 2532

Utilities

Sewer type Public Sewer
Heating system Natural Gas
Water source Public

Building Details

Year built 1903
Building materials Stone
Roof type Flat
Architectural style Other
Listing Agency: Compass
Listed By: Dan Nelson · License #475189264
Added: Sep 1 Last Checked: Sep 1 at 7:06PM
MLS# 12742625

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.

This legal two-unit stone duplex was built in 1903 and contains two residences, each arranged with four bedrooms and one full bathroom. Both units include kitchens with granite countertops and substantial cabinet storage, while the bathrooms include bathtubs and exhaust fans. The second unit has updated flooring, fresh paint, LED lighting, and stainless steel appliances. An unfinished basement provides additional space and is identified as having potential for a future duplex-down or possible third unit.

The property occupies 0.09 acres at 6947 S Wabash Avenue in Chicago. Public water and sewer serve the building, with natural-gas heating and a flat roof. Parking is owned and located off the alley. Public transportation and expressway access are nearby, and the 71th Street and 75th Street commercial corridors provide shopping, dining, and daily services.

Key Highlights

  • Two legal residences, each with 4 bedrooms and 1 full bathroom
  • Second unit updated with new flooring, fresh paint, LED lighting, and stainless steel appliances
  • Full unfinished basement with stated potential for a future duplex‑down or possible third unit

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Dental Office Skin Care Clinic (Bike/Boat/Book/etc) Store Carpet & Flooring Store Gym & Fitness Center

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
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

736
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

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Legal multifamily property with spacious residences, updated second-unit finishes, and an unfinished basement for additional flexibility.
Where is this duplex located?
The property is located at 6947 S Wabash Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $335,000.
What are key features of this property?
This property features: Two legal residences, each with 4 bedrooms and 1 full bathroom; Second unit updated with new flooring, fresh paint, LED lighting, and stainless steel appliances; Full unfinished basement with stated potential for a future duplex‑down or possible third unit
More about this property
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