6712 S Wabash Avenue, Chicago, IL
  • $384,000
  • $389,000

Description

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.

  • Listing Courtesy of: Coldwell Banker Realty

Details

Updated on June 5, 2026 at 9:39 am
  • Property ID MRD12471061
  • Price $384,000
  • Bedrooms 9
  • Year Built 1898
  • Property Type Multi Family
  • Property Status Active
  • Parking Total 2
  • Parcel Number 20223000190000
  • Water Source Public
  • Sewer Public Sewer
  • MLS Status Active
  • Days On Market 266
  • Cumulative Days On Market 228
  • Tax Annual Amount 3798
  • Heating Natural Gas
  • Parking Features Off Alley,Yes,Owned
  • Directions 6700 MARQUETTE ROAD TO WABASH SOUTH TO ADDRESS
  • Address 6712 S Wabash Avenue
  • City Chicago
  • State/county IL
  • Zip/Postal Code 60637
  • Country United States

Overview

Property ID: MRD12471061
  • Multi Family
  • Property Type
  • 9
  • Bedrooms
  • 1898
  • Year Built

Mortgage Calculator

Monthly
  • Down Payment
  • Loan Amount
  • Monthly Mortgage Payment
  • Property Tax
  • Home Insurance
  • PMI
  • Monthly HOA Fees
$
%
%
%
$
$
%