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6712 Wabash Avenue

Chicago, IL 60637
$384,000 ▼ $5,000 from $389,000
9beds
5baths
sqft
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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.
MLS Description — as provided by the listing brokerage.

The facts

Property typeResidential Income
Year built1898
Lot size
Annual tax$3,798
CountyCook
MLS #MRD12471061
Days on market131

Features

Heating
Natural Gas
Parking
Off AlleyYesOwned
Construction
Brick
Sewer
Public Sewer
Listed by
Coldwell Banker Realty
Briana Cattledge

Listing courtesy of mred MLS as distributed by MLS GRID.

Based on information submitted to the MLS GRID as of 1/20/2026, 6:07:05 AM. All data should be independently verified.

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