5632 Wabash Avenue, Washington Park, Chicago, Illinois 60637
$324,500
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For Sale
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| Status: | Active |
| Sqft: | 0 |
| Cost/Sqft: | — |
| Beds: | 6 |
| Baths: | 0 |
| Year Built: | 1895 |
| Property Taxes: | $7,663 |
| Days On Market: | 7 |
| Lot Size: | 0,09 |
Description
Ask your broker about terrific grants available! The property is eligible for up to $15,000 in assistance and a home warranty. 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 half 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. Previous buyer got cold feet prior to inspection.
Property Specifics
| Multi-unit | |
| — | |
| — | |
| 1895 | |
| — | |
| — | |
| No | |
| 0.09 |
| Cook | |
| — | |
| — / — | |
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| — | |
| 12613875 | |
| 20151070400000 |
Property History
| DATE: | EVENT: | PRICE: | SOURCE: |
|---|---|---|---|
| 23 Mar, 2009 | Sold | $25,000 | MRED MLS |
| 18 Feb, 2009 | Under contract | $25,000 | MRED MLS |
| — | Last price change | $45,000 | MRED MLS |
| 30 Sep, 2008 | Listed for sale | $45,000 | MRED MLS |
| 30 Jan, 2020 | Sold | $187,000 | MRED MLS |
| 17 Dec, 2019 | Under contract | $187,900 | MRED MLS |
| — | Last price change | $189,900 | MRED MLS |
| 5 Sep, 2019 | Listed for sale | $189,900 | MRED MLS |
| 9 Dec, 2022 | Sold | $315,000 | MRED MLS |
| 24 Oct, 2022 | Under contract | $340,000 | MRED MLS |
| — | Last price change | $360,000 | MRED MLS |
| 15 Aug, 2022 | Listed for sale | $360,000 | MRED MLS |
| 8 Apr, 2026 | Listed for sale | $324,500 | MRED MLS |
Room Specifics
Total Bedrooms: 6
Bedrooms Above Ground: 6
Bedrooms Below Ground: 0
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Full Bathrooms: 2
Bathroom Amenities: —
Bathroom in Basement: —
Rooms: —
Basement Description: —
Other Specifics
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| 4025 SF | |
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| Not in DB | |
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Tax History
| Year | Property Taxes |
|---|---|
| 2009 | $2,112 |
| 2020 | $4,421 |
| 2022 | $4,216 |
| 2026 | $7,663 |
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Listing Provided By
Baird & Warner
