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 Details
Price:
$384,000
MLS #:
MRD12471061
Status:
Active
Beds:
9
Baths:
5
Type:
Multi Family
Neighborhood:
chigreatergrandcrossing
Listed Date:
Sep 12, 2025
Year Built:
1898
See this Listing
Schools
School District:
299
Interior
Heating
Natural Gas
Exterior
Community Features
Gated, Sidewalks, Street Lights
Construction Materials
Brick
Parking Features
Off Alley, Yes, Owned
Parking Spots
2
Parking Total
2
Roof
Flat
Financial
Tax Year
2023
Taxes
$3,798
Map
Community
- Address6712 S Wabash Avenue Chicago IL
- CityChicago
- CountyCook
- Zip Code60637
Market Summary
Current real estate data for Multi Family in Chicago as of Jun 18, 2026
1,409
Multi Family Listed
80
Avg DOM
$532,623
Avg List Price
Property Summary
- 6712 S Wabash Avenue Chicago IL is a Multi Family for sale in Chicago, IL, 60637. It is listed for $384,000
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6712 S Wabash Avenue
Chicago, IL


