5813 South Wabash, Chicago IL 60637
- Units 4
- Total Beds 15
- Total Baths 4
- Taxes $3,743.54
- Payment Estimate View Mortgage Calculator
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Property Description
Exciting Investment Opportunity in Washington Park/ Hyde Park - 4-Unit Building at 5813 S Wabash. Unlock the potential of this partially renovated 4-unit property in one of Chicago's fastest-growing neighborhoods! Located on a quiet, tree-lined block, this property is already well underway with a thoughtful rehab-perfect for an investor or developer looking to step in and complete a high-value project. The property features rough electrical work completed in the basement. HVAC systems are installed on all floors, with the 2nd and 3rd floors ready for final installation once new windows are in place. Framing is nearly complete throughout, and insulation materials are already on site. Masonry work for window and door openings has been finished, along with framing for the basement and 1st-floor exterior walls. Windows installed on the third floor and partial windows installed on the second and third floor. Insulation installed throughout. Drywall installed in the utility room and bathroom. Much of the heavy lifting has been done-finish the project your way and capture the upside in this thriving area surrounded by new construction, transportation, and major redevelopment. A true opportunity to create lasting value in a vibrant South Side community! PERMITS APPROVED!
Features & Information
Key Details
- List Price $499,000
- Property Taxes $3,743.54
- Price/ Sq. Ft. Unavailable
- Year Built 1894
- Parking Type Space/s
- Status Active
Rooms
- Total Rooms 20
- Basement F
Exterior Features
-
Parking
- Parking Details Space/s
- # of Cars: 2
Building Information
- Number of Units 4
- Age of Building 100+ Years
- Exterior Construction Brick
- Heating & Cooling None
-
Units
- Unit 1 None
- Unit 2 None
- Unit 3 None
- Unit 4 None
Location
- County Cook
- Township Hyde Park
- Corporate Limits Chicago
- Directions to Property 59th Street To Wabash Ave,then South To Property
-
Schools
- Elementary School District 299
- Junior High District 299
- High School District: 299
-
Property Taxes
- Tax 3743.54
- Tax Year 2023
- Tax Exemptions Homeowner
- Parcel Identification Number 20151200020000
Utilities
- Sewer Sewer-Publ
Listed by: Compass | Phone: 773.466.7150
Source: MRED as distributed by MLS GRID
Based on information submitted to the MLS GRID as of 12/11/2025 6:02 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Explore Washington Park
For now Chicago's Washington Park neighborhood may be a predominantly residential south side community with a sprawling public park and rich culture of African-American heritage, however, as the potential site of the Olympic Stadium for the 2016 Summer Games, this modest neighborhood could really make its mark in the near future. Remnants of the last century's architectural movement are found throughout the area, with a wave of new designs and gut rehabs dusting the streets as well. As Olympic talk heightens, developers and city officials are anticipating the impact such a huge event would have on Washington Park. Temporary athlete lodgings and the massive 80,000-seat arena would only be around for a short period, but the hope is that a surge of new businesses would ride in on the coattails of this once-in-a-lifetime opportunity to bolster the Washington Park neighborhood for decades to come. The current commercial base is slight, with a few soul food mainstays and Chinese takeout, but the annual cultural festivals and fun Park District programs keep things on the up as Washington Park awaits an impending transformation of Olympic proportions.
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