• Status Active
  • Price $299,999
  • Bed 6
  • Bath 2
  • Location Washington Park

5632 S Wabash Avenue

Exclusively listed by Baird & Warner

Ask your broker about terrific grants available! The property is eligible for up to $15,000 in assistance and a home warranty. 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 half 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.

General Info

  • Property Type Two to Four Units
  • Price $299,999
  • Taxes $7,662
  • Assessments Not provided
  • Assessments Include Not provided
  • Market Time 7 days
  • Year Built 1895
  • Square Feet Not provided
  • Source MRED as distributed by MLS GRID

Rooms

  • Total Rooms 12
  • Bedrooms 6
  • Bathrooms 2

Units

  • Unit 1
    • Rooms 6
    • Beds 3
    • Baths 1
    • Appliances Stove, Refrigerator, Washer, Dryer, Window Air Conditioner, Laundry Hook-Up
    • Rent $0/mo
    • Tenant Pays Electric,Gas,Heat
    • Lease Expires VAC
  • Unit 2
    • Rooms 6
    • Beds 3
    • Baths 1
    • Appliances Stove, Refrigerator, Washer, Dryer, Window Air Conditioner, Laundry Hook-Up
    • Rent $1,400/mo
    • Tenant Pays Electric,Gas,Heat
    • Lease Expires M2M

Features

  • Heat Natural Gas, Forced Air
  • Air Conditioning Not provided
  • Amenities Sidewalks, Street Lights, Street Paved
  • Parking Not provided
  • Age 100+ Years
  • Exterior Not provided

Based on information submitted to the MLS GRID as of 7/1/2026 2:32 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.

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