6712 S Wabash Avenue, Chicago, IL 60637

• 9 beds |
• 5 baths

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.

Listing Status:

Active

Listing Office:

Coldwell Banker Realty : 847-363-2230

Listing Agent:

Briana Cattledge : 847-363-2230

MLS ID:

12471061

Interior

• Basement: UnfinishedWalk-Up AccessWalk-Out Access
• Heating: Natural Gas

Exterior

• Parking: Off AlleyYesOwnedParking spaces: 2

Construction

• Roofing: Flat
• General: Concrete Perimeter

Location

• HOA Amenities: GatedSidewalksStreet Lights
• Originating MLS: mred
• School District: 299
• County: Cook

Lot

• Zoning: 20223000190000

Utilities

• Water: Public
• Sewer: Public Sewer

Financial

• Source: mred
• Ownership: Fee Simple

This listing courtesy of Briana Cattledge, Coldwell Banker Realty