ClosedPrice Reduced

$384,000

$389,000
6712 Wabash Avenue, Chicago, IL 60637
9 Beds5 Baths305 days
6712 Wabash Avenue·Chicago, IL 60637
9Bedrooms
5Bathrooms
1898Year Built
About This Home

Welcome to 6712 South Wabash Avenue, a 4-unit plus garden property offering tremendous potential for both immediate income and long-term growth. Situated on a spacious double lot, this property provides not only ample space for tenants but also room for expansion, creative development, or future value-add opportunities. Currently, the building is generating a sustainable income stream, with strong rental demand in the area and just one unit left to be fully rented. Once fully occupied, the property projects a healthy cash flow, exceeding $60,000 per year. This makes it an excellent choice for both first-time investors and seasoned landlords looking to grow their portfolios with a high-performing asset. The double lot further enhances its income potential by opening the door to expansion options or creative outdoor amenities that can increase tenant appeal. Another major advantage is its convenient location. Nestled in the Greater Grand Crossing neighborhood, this property is located just off the Dan Ryan Expressway, offering quick access to Downtown Chicago, Hyde Park, and surrounding neighborhoods. Tenants benefit from easy commuting options, proximity to shopping, dining, and community amenities-making this an attractive rental choice for years to come. Finally, the property is competitively priced to sell, offering exceptional value in today's market compared to other multi-unit opportunities. Photos are virtually staged.

MLS# 12471061Listed September 12, 2025Residential Income
Property Details

Beds & Baths

Total Bedrooms9
Total Bathrooms5
Total Rooms21

Size & Structure

Year Built1898
Lot Size165x50

Location

CountyCook
TownshipHyde Park
Zip Code60637

Financial

List Price$384,000
Original Price$389,000
Annual Taxes (2023)$3,798
Monthly Tax Est.$317
Parcel #20223000190000
Interior Features

Heating

Natural Gas

Basement

UnfinishedWalk-Up AccessWalk-Out Access
Exterior & Lot

Construction

Brick

Roof

Flat

Foundation

Concrete Perimeter
Utilities & Parking

Sewer

Public Sewer

Water Source

Public

Parking

Off AlleyYesOwned
HOA & Community

Community Features

GatedSidewalksStreet Lights
Tax & Financial
Annual Taxes
$3,798
Tax Year 2023
Monthly Tax Est.
$317
per month
Price Reduced by $5,000
Original list price: $389,000
Property Location

6712 Wabash Avenue, Chicago, IL 60637 — Cook County

$384,000
6712 Wabash Avenue
9 bd5 ba
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
305 days on market
165x50
$3,798/yr taxes
Price reduced $5,000
$2,335
estimated monthly payment
Principal & Interest
$2,018/mo
Property Tax
$317/mo
$384,000
20% — $76,800
3%50%
6.875%
3%12%
Loan Amount
$307,200
Down Payment
$76,800

* Estimated payment only. Actual rates, taxes, and insurance may vary. Contact a lender for a personalized quote.

Listed by
Coldwell Banker Realty
Agent: Briana Cattledge
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