5632 Wabash Avenue — Chicago, IL 60637
Active Under Contract
Chicago, IL 60637

5632 Wabash Avenue

$324,500
6 beds · 2 baths
Listed at $324,500 14 days on market $7,663/yr taxes
01About this home

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. Previous buyer got cold feet prior to inspection.

02Inside the home
03By the numbers
$324,500
List price
Square feet
6
Bedrooms
2
Bathrooms
1895
Year built
0.09 ac
Lot size
Garage spaces
$7,663
Annual taxes
Single Family
Style
14
Days on market
04Features
Heating
Natural GasForced Air
Parking
Off AlleyOwned
Construction
Brick
Sewer
Storm Sewer
05Neighborhood
06History

Every event we have for this address, straight from the MLS.

May 15, 2026
Listed for sale
Baird & Warner · 23 days on market
$299,999
Apr 23, 2026
Listed for sale
Baird & Warner
$324,500
Apr 8, 2026
Listed for saleThis listing
Baird & Warner
$324,500
Sourced from MRED. Older events appear here as our history backfill completes.
07Ask Dwello

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08See it for yourself

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09Similar homes
Listed by Baird & Warner · Cody Shipp
MLS data provided through MLS GRID · MRED MLS · MLS# MRD12613875
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