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Listed price in listed location currency (USD).
$384,000

952

MLS® 12471061

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size -
Garage No
Taxes $3,798
Days Active 167
Lot Size 
Approx. Age 1898
MLS® Number 12471061

Property Address: 6712 S Wabash Ave, Chicago, IL, 60637-3966

Average square foot calculated using Size range provided by listing agent.

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.
MLS® Number12471061
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageNo
Approx. Age1898
BasementUnfinished, Walk-Up Access, Walk-Out Access
DrivewayOff Alley, Yes, Owned
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Sep 13, 2025List Date
$384,000List Price
  • Commute

Commute

Starting Address
Destination Address
6712 S Wabash Ave, Chicago, IL

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