6712 S Wabash Avenue, Chicago, IL 60637
Cook County
Key Facts
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.
Property Information
Property Type
Residential Income
Sub-Type
Multi Family
Year Built
1898
Lot Dimensions
165x50
Parking Spaces
2
Ownership
Fee Simple
Days on Market
272
MLS® Listing#
12471061
Property Features
Heating
Basement
Construction
Foundation
Roof
Community
Sewer
Water Source
Financial Details
Annual Taxes
$3,798
Tax year 2023
Parcel Number
20223000190000
Directions
6700 MARQUETTE ROAD TO WABASH SOUTH TO ADDRESS
Affordability Calculator
$76,800
Estimated monthly payment
$2,044/mo
Principal $307,200 · Est. interest $428,571 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Chicago, IL
- $389,049
- Median Listing Price
- 46
- Median Days on Market
- 1,422
- Median Sq Ft
- $277
- Median Price / Sq Ft
- 4,620
- Active Listings
- This home’s price is 1% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Chicago, IL.
Location
- 6712 S Wabash Avenue, Chicago, IL 60637
Points of Interest in Chicago, IL
Showing the Chicago area map.
Nearby Schools
Brownell Elementary School
Elementary · 0.1 mi away
Chicago Sda Academy
School · 0.4 mi away
Parker Community Academy
School · 0.5 mi away
Master's Academy
School · 0.5 mi away
Englewood Stem High School
Secondary · 0.5 mi away
Barbara A. Sizemore Academy
Elementary · 0.6 mi away
Mahalia Jackson Elementary
Elementary · 0.6 mi away
Dulles Elementary School
Elementary · 0.6 mi away
Deneen Elementary School
Elementary · 0.7 mi away
Robeson High School
Secondary · 0.7 mi away
Benjamin E. Mays Elementary Academy
Elementary · 0.7 mi away
Johnson College Prep
Secondary School · 0.7 mi away
Park Manor Elementary School
Elementary · 0.8 mi away
McCosh Elementary School
Elementary · 0.8 mi away
Regeneration Schools
School · 0.8 mi away
Ross Elementary School
Elementary · 0.8 mi away
Chicago International Charter School
Elementary · 0.8 mi away
Cics Washington Park
School · 0.8 mi away
Englewood High School
Secondary · 0.9 mi away
Chicago Public Schools
School · 0.9 mi away
Commute Calculator
Nearby Homes
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Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 4921 W Maypole Avenue, Chicago, IL | $270,000 | 8 | 4 | — |
| 8112 S Exchange Avenue, Chicago, IL | $275,000 | 8 | 3 | — |
| 7749 S Muskegon Avenue, Chicago, IL | $279,900 | 10 | 3 | — |
| 7514 S Dante Avenue, Chicago, IL | $284,900 | 8 | 3 | — |
| 7443 S Dante Avenue, Chicago, IL | $299,000 | 9 | 4 | — |
| 35 W 109th Street, Chicago, IL | $299,900 | 8 | 2 | — |
Moving Cost Estimate
EXIT Agents in Chicago
Listing Courtesy: Coldwell Banker Realty - 7734511200
Last Updated: 2025-09-12