5632 Wabash Avenue, Chicago, IL 60637

Welcome to this property located in Chicago, IL. featuring 6 bedrooms, 2 bathrooms. Built in 1895. this home is offered at $339,000.

Welcome to this well-maintained two-unit brick building offering expansive layouts, soaring ceilings, and three spacious bedrooms with one full bathroom in each unit. The upper unit benefits from an oversized layout, with particularly generous bedroom sizes created by the extended stairwell, while both units offer excellent functionality and comfort. The lower unit has previously operated as a successful short-term rental, generating approximately $24,000 annually while being utilized only 50% of the year. Recent improvements by the current owners include the addition of in-unit laundry in both residences and a fully cleared basement, providing 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 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.

Climate control includes natural gas, forced air heating. A unfinished, full basement provides additional space.

The property sits on a 4025 SF lot. with 4 parking spaces (off alley, yes, owned). The home has flat roofing.

Utilities include lake michigan water and storm sewer sewer.

Located in Cook County.

Annual property taxes are $7,663 (as of 2024).