6712 S Wabash Avenue, Chicago, IL 60637
Local realty services provided by:Better Homes and Gardens Real Estate Star Homes
6712 S Wabash Avenue,Chicago, IL 60637
$389,000
- 9 Beds
- 5 Baths
- - sq. ft.
- Multi-family
- Active
Listed by:briana cattledge
Office:coldwell banker realty
MLS#:12471061
Source:MLSNI
Price summary
- Price:$389,000
About this home
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.
Contact an agent
Home facts
- Year built:1898
- Listing ID #:12471061
- Added:1 day(s) ago
- Updated:September 13, 2025 at 03:38 AM
Rooms and interior
- Bedrooms:9
- Total bathrooms:5
- Full bathrooms:5
Heating and cooling
- Heating:Natural Gas
Structure and exterior
- Roof:Flat
- Year built:1898
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$389,000
- Tax amount:$3,798 (2023)
New listings near 6712 S Wabash Avenue
- Open Sat, 12 to 2:30pmNew$236,759Active4 beds 2 baths1,559 sq. ft.
6511 S Vernon Avenue, Chicago, IL 60637
MLS# 12448419Listed by: BERKSHIRE HATHAWAY HOMESERVICES CHICAGO - New$770,000Active4 beds 3 baths2,200 sq. ft.
1816 N Rockwell Street #C, Chicago, IL 60647
MLS# 12462897Listed by: BERKSHIRE HATHAWAY HOMESERVICES CHICAGO - New$125,000Active2 beds 1 baths923 sq. ft.
549 E 103rd Place, Chicago, IL 60628
MLS# 12466735Listed by: BAIRD & WARNER - Open Sat, 10am to 12pmNew$550,000Active2 beds 2 baths1,400 sq. ft.
2210 W Addison Street #2, Chicago, IL 60618
MLS# 12467883Listed by: FULTON GRACE REALTY - New$799,000Active5 beds 3 baths2,780 sq. ft.
6020 N Landers Avenue, Chicago, IL 60646
MLS# 12469972Listed by: WULF PROPERTIES REALTY CORP - New$289,900Active3 beds 1 baths1,609 sq. ft.
10735 S Prospect Avenue, Chicago, IL 60643
MLS# 12470312Listed by: GRANDVIEW REALTY LLC - New$995,000Active3 beds 2 baths1,800 sq. ft.
505 N Lake Shore Drive #2010-2011, Chicago, IL 60611
MLS# 12471037Listed by: COLDWELL BANKER REALTY - New$89,000Active4 beds 2 baths
10547 S Corliss Avenue, Chicago, IL 60628
MLS# 12471075Listed by: MCSULLY PROPERTIES LLC - New$450,000Active11 beds 3 baths
8942 S Baltimore Avenue, Chicago, IL 60617
MLS# 12468837Listed by: COLDWELL BANKER REALTY