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26 Properties Within 0.5 miles of: 6712 S Wabash, Chicago

6712 S Wabash
Chicago, IL 60637

  • 9 Beds
  • Built In 1898
Price

$389,000

Est Payment
$2,379 / month (details)  
Taxes
$3,798  
Beds
9  
Rooms
21  
Type
Two to Four Units  
Sq. Ft.
n/a  
Lot Size
165x50  
Built
1898  
Neighborhood
Park Manor  
MLS
#12471061
Status
Active (1 day)

Property 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.

Property Map

Property Details

Utilities

  • Heating Natural Gas
  • Cooling
  • Water Public
  • Sewer Public Sewer

Additional Information

Parking
2 Parking Spaces, Off Alley, On Site, Owned
Schools
District 299

Payment Calculator

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Principal & Interest
$0
Property Tax
$0
Assessments
$0
Home Insurance
$0
Mortgage Insurance
$0

Listing History

09-12-2025 Listed at $389,000
Last Modified 9/13/25 1:55 PM

Nearby Transportation

  • Bus 29 0.1 mi
  • Bus 67 0.2 mi
  • Bus 30 0.2 mi
  • Bus 5 0.2 mi
  • Bus 95 0.2 mi
  • Bus 169 0.2 mi
  • Bus 71 0.3 mi
  • Bus 24 0.3 mi
  • Bus 3 0.4 mi
  • Bus 63 0.5 mi
  • Bus 4 0.8 mi
  • Bus 59 0.8 mi
  • Bus 75 1.0 mi
  • Bus 8 1.1 mi
  • Red Line 0.3 mi
  • Green Line 0.7 mi
  • I 94 West 0.1 mi
  • I 94 East 0.1 mi
  • I 90 East 0.2 mi
  • I 90 West 0.7 mi
  • Hwy 57 3.9 mi
  • Hwy 57 4.1 mi
  • I 55 North 4.9 mi
  • I 55 South 4.9 mi
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