5813 S Wabash Avenue
Chicago, IL 60637

Status: Sold
Multi Family
9 beds
0 baths
0 sq.ft
Listing Price: $208,000

About this home

Starting off 2024 with the deal of the year, buildings such as this with this kind of upside do not hit the market often and this is one you will not want to miss out on! Located steps from Washington Park, this jumbo, three unit Greystone is in the right location, has the right layout, this is the right building! Each units offers 3 bedrooms per unit, large living rooms with bay windows and western exposure which will allow tons of natural sunlight, formal dining room in each unit, enclosed rear porches, 2 car garage, the list goes on! The basement is unfinished but can be easily duplexed in the main level unit to create an ever larger layout or a potential owners unit! Interior of the building is in need of extensive repairs but there is tremendous upside, renovate and build equity while renting out all three units for great passive cash flow! This location is hard to beat, situated on historic Wabash Ave, blocks from Washington Park, close to Dan Ryan, close to Red line and much more! This building will not last long, do not sleep on this as it will be gone at this value!

Property details

Virtual Tour, Parking / Garage, Exterior Features, Multi-Unit Information
Age 100+ Years
3 Bedroom Unit in Building Yes
Approx Year Built 1894
Parking Total 2
Exterior Building Type Brick
Parking On-Site Yes
Garage Ownership Owned
Garage Type Detached
Parking Spaces Count 2
Parking Garage
MRD Virtual Tour None
School / Neighborhood, Utilities, Financing, Location Details
Area Major CHI - Washington Park
Corporate Limits Chicago
Directions 59TH STREET TO WABASH AVE, THEN SOUTH TO PROPERTY
Elementary Sch Dist 299
Heat/Fuel None
High Sch Dist 299
Sewer Public Sewer
Water Lake Michigan
Jr High/Middle Dist 299
Township Hyde Park
Interior Features
Basement Description Unfinished
Basement Full
Bedrooms Count 9
Bedrooms Possible 9
Baths Count 3
Full Baths in Building Count 3
Total Rooms 21
Units
unit 1
Beds Total 3
Baths Total 1
Appliances And Features None
Full Baths Total 1
Rooms Total 7
Tenant Pays None
Floor Number 1
unit 2
Beds Total 3
Baths Total 1
Appliances And Features None
Full Baths Total 1
Rooms Total 7
Tenant Pays None
Floor Number 2
unit 3
Beds Total 3
Baths Total 1
Appliances And Features None
Full Baths Total 1
Rooms Total 7
Tenant Pays None
Floor Number 3
Property / Lot Details
Lot Dimensions 25X125
Lot Size Standard Chicago Lot
Ownership Fee Simple
Type Unit 3 Flat
Number Of Units in Building 3
Property Type Two to Four Units

Financials

Financing Cash
Investment Profile Residential Income

Tax/Assessments/Liens

PIN 20151190370000
Special Assessments N
Taxes $2,721
Tax Year 2021
$208,000 Listing Price:
MLS # 11956465
Investment Profile Residential Income
Listing Market Time 116 days
Basement Full
Type Unit 3 Flat
Number of Units in Building 3
Parking Garage
List Date 01/05/2024
Year Built 1894
Request Info
By pressing Request Info, you agree that ILFLS and real estate professionals may contact you via phone/text about your inquiry, which may involve the use of automated means. You are not required to consent as a condition of purchasing any property, goods or services. Message/data rates may apply. You also agree to our Terms of Service.
Price history
Loading price history...