5632 South Wabash, Chicago IL 60637
Listing Agent
-
Cody Shipp
312.450.0665 | Email | About
- Units 2
- Total Beds 6
- Total Baths 2
- Taxes $7,662.67
- Payment Estimate View Mortgage Calculator
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Property Description
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.
Features & Information
Key Details
- List Price $339,000
- Property Taxes $7,662.67
- Price/ Sq. Ft. Unavailable
- Year Built 1895
- Parking Type Space/s
- Status New
Rooms
- Total Rooms 12
- Basement F
Exterior Features
-
Parking
- Parking Details Space/s
- # of Cars: 4
Building Information
- Number of Units 2
- Age of Building 100+ Years
- Exterior Construction Brick
- Heating & Cooling Gas, Forced Air
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Units
- Unit 1 Stove, Refrigerator, Washer, Dryer, Window Air Conditioner, Laundry Hook-Up
- Unit 2 Stove, Refrigerator, Washer, Dryer, Window Air Conditioner, Laundry Hook-Up
Location
- County Cook
- Township Hyde Park
- Corporate Limits Chicago
- Directions to Property State To 56th St East To Wabash
-
Schools
- Elementary School District 299
- Junior High District 299
- High School District: 299
-
Property Taxes
- Tax 7662.67
- Tax Year 2024
- Tax Exemptions None
- Parcel Identification Number 20151070400000
Utilities
- Sewer Sewer-Stor
Based on information submitted to the MLS GRID as of 2/12/2026 8:32 AM. 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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