5137 South Wabash, Chicago IL 60615
$1,130,000

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Property Description

HUGE, legal 4-unit property on an extra-wide lot, now ready for new ownership. Originally built in 2009 as individual condos, this building offers significantly larger units than most 3-4 flats in the area-giving it a clear competitive edge. All four apartments feature spacious 3-bedroom/2-bath layouts with stainless steel appliances, granite countertops, marble baths, fireplaces, and in-unit washer/dryers. The top three units have refinished hardwood floors throughout, while the lower level features newer wood plank vinyl flooring. Major updates include two hot water tanks (2020/21) and three new A/C units (2024/25). The fully gated rear parking lot allows for ample, secure parking spaces. Ideal as a long-term investment or owner-occupant opportunity-live in one unit while tenants help cover your mortgage. Conveniently located near the Metra, Red Line, and Green Line.

Features & Information

Key Details

  • List Price $1,130,000
  • Property Taxes $18,148
  • Price/ Sq. Ft. Unavailable
  • Year Built 2009
  • Parking Type Space/s
  • Status New

Rooms

  • Total Rooms 24
  • Basement N

Exterior Features

  • Parking

  • Parking Details Space/s
  • # of Cars:  3

Building Information

  • Number of Units 4
  • Age of Building 16-20 Years
  • Exterior Construction Brick,Block
  • Foundation Concrete
  • Heating & Cooling Gas, Electric, Forced Air
  • Units

  • Unit 1 Stove, Refrigerator, Washer, Dryer, Dishwasher, Microwave, Disposal, Central Air Conditioner, Fireplace-Gas, Garage/Space
  • Unit 2 Stove, Refrigerator, Washer, Dryer, Dishwasher, Microwave, Disposal, Central Air Conditioner, Fireplace-Gas, Garage/Space
  • Unit 3 Stove, Refrigerator, Washer, Dryer, Dishwasher, Microwave, Disposal, Central Air Conditioner, Fireplace-Gas, Garage/Space, Cathedral Ceilings, Hardwood Floors, Skylights/Windows
  • Unit 4 Stove, Refrigerator, Washer, Dryer, Dishwasher, Microwave, Disposal, Central Air Conditioner, Fireplace-Gas, Garage/Space, Walk-In Closet

Location

  • County Cook
  • Township Hyde Park
  • Corporate Limits Chicago
  • Directions to Property North/south On State To 51st St, East To Wabash, South To Property.
  • Schools

  • Elementary School District 299
  • Junior High District 299
  • High School District: 299
  • Property Taxes

  • Tax 18148
  • Tax Year 2024
  • Tax Exemptions None
  • Parcel Identification Number 20103010090000

Utilities

  • Sewer Sewer-Publ

Listed by: eXp Realty | Phone: 888.574.9405
Source: MRED as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 3/27/2026 3:02 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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