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Cecil Sabu

csabu@allure.realestate +1(312) 772-2820

$ 384,000

Est. payment -/mo

Save

Price Dropped by $5K

6712 S Wabash AVE Chicago, IL 60637

9 Beds

5 Baths

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12471061

Bedrooms 9

Year Built 1898

Annual Tax Amount $3,798

Tax Year 2023

Lot Dimensions 165x50

Property Sub-Type Two to Four Units

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.

Location

State IL

County Cook

Area Chi - Greater Grand Crossing

Rooms

Basement Unfinished, Walk-Up Access, Walk-Out Access

Interior

Heating Natural Gas

Fireplace N

Exterior

Community Features Gated, Sidewalks, Street Lights

Roof Type Flat

Building

Dwelling Type Two to Four Units

Building Description Brick, No

Sewer Public Sewer

Water Public

Structure Type Brick

New Construction false

Schools

School District 299 , 299, 299

Others

Ownership Fee Simple

Special Listing Condition None

Listed by Briana Cattledge of Coldwell Banker Realty

SCHOOLSPROPERTIES

Elementary Schools 20

10

Lenart Elementary Regional Gifted Center

Public | PK - 8
10

McDade Elementary Classical School

Public | KG - 6
8

McDowell Elementary School

Public | KG - 5
7

Dixon Elementary School

Public | PK - 8
6

Chavez Multicultural Academic Center Elementary School

Public | PK - 8
6

Providence-Englewood Elementary Charter

Public | KG - 8
6

Robinson Elementary School

Public | PK - 3
6

Murray Elementary Language Academy

Public | KG - 8
5

Davis M Magnet Elementary School

Public | KG - 8
5

Kershaw Elementary School

Public | PK - 8
5

Hendricks Elementary Community Academy

Public | PK - 8
5

Sherwood Elementary School

Public | PK - 8
5

Beasley Elementary Magnet Academic Center

Public | PK - 8
5

Pirie Fine Arts and Academic Center Elementary School

Public | KG - 6
5

Burnside Elementary Scholastic Academy

Public | PK - 8
5

Ariel Elementary Community Academy

Public | PK - 8
5

Ray Elementary School

Public | PK - 8
5

Shoesmith Elementary School

Public | KG - 6
5

Woodlawn Elementary Community School

Public | PK - 6
5

Carnegie Elementary School

Public | PK - 8

Middle Schools 1

0

Canter Middle School

Public | 8 - 8

High Schools 20

9

King College Preparatory High School

Public | 9 - 12
8

Kenwood Academy High School

Public | 9 - 12
6

Hyde Park Academy High School

Public | 9 - 12
5

Richards Career Academy High School

Public | 9 - 12
5

Simeon Career Academy High School

Public | 9 - 12
5

Williams Medical Preparatory High School

Public | 9 - 12
4

Urban Preparatory Charter Academy Englewood High School

Public | 9 - 12
3

Bronzeville Scholastic High School

Public | 9 - 12
2

Team Englewood Community Academy High School

Public | 9 - 12
1

Tilden Career Community Academy High School

Public | 9 - 12
1

Hope College Preparatory High School

Public | 9 - 12
1

Robeson High School

Public | 9 - 12
1

Ace Technical Charter High School

Public | 9 - 12
1

Hirsch Metropolitan High School

Public | 9 - 12
0

Peace and Education Coalition High School

Public | 10 - 12
0

Excel Academy - Englewood High School

Public | 9 - 12
0

Leo Catholic High School

Private | 9 - 12
0

Pnuema Institute

Private | 9 - 12
0

Hunter-Bolden Academy

Private | 12 - 12
0

Dyett High School

Public | 12 - 12

School and business data provided by Attom Data.

Cecil Sabu

Designated Managing Broker & Loan Originator | License ID: 471.019943 | NMLS ID: 2111992

+1(312) 772-2820

Cecil Sabu

6712 S Wabash AVE Chicago, IL 60637

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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6712 S Wabash AVE