Address
5824 S Wabash Avenue, Chicago, IL
Price
$ 425,000
Property Attributes
  • MLS#11994154
  • TypeContingent
  • CountyCOOK
  • CityChicago
  • AreaCHI - Washington Park
  • NeighborhoodWashington Park
  • Zip60637
  • Style
  • Year Built1890
  • Taxes$ 4235
  • Price$ 425,000
  • Bedrooms12
  • Full Bathrooms3
  • Half Bathrooms0
Data Source:
Midwest Real Estate Data (MRED)
Property Description

This 3-unit property includes 12 beds and 3 full baths. Each unit features 4 spacious bedrooms, 1 full bath, large living rooms, and a large window exposure ensuring an abundance of natural sunlight. Although the interior requires repairs, envision the lucrative rewards of renovating and building equity. This is your chance to capitalize on great passive cash flow by renting out all three units. The strategic location on historic Wabash Ave, mere blocks from Washington Park, close to Dan Ryan and the Red line, makes this an irresistible investment. Backyard is offering ample space for outdoor entertainment, gardening, and the potential for additional construction.

High School
Oak Lawn Comm High School
Price History
3/5/2024 Listed $425,000

General Features

Heating Natural Gas
Possession Closing
Year Built 1890
Township Hyde Park
Tax Year 2021
Percent Ownership Fee Simple
County Cook
New Construction No
Property Type Residential Income
Contingency Attorney/Inspection
Total Rooms 21
Status Contingent
Directions Southwest corner of 58th Street & Wabash
High School Oak Lawn Comm High School
City Chicago
High School District 229
MLS Area CHI - Washington Park
Waterfront Y/N No
Street Name Wabash
Tax Annual Amount 4235
Days on Market 20
Standard Status Active Under Contract
Middle/Junior School District 299
Elementary School District 299
Property Type Two to Four Units

Interior Features

Basement Full
Street Suffix Avenue
Total Bedrooms 12
Total Baths 3
Bedrooms Possible 12
Basement Finished
Full Baths Building 3
Total Number of Units 3

Exterior Features

Water Source Lake Michigan
Lot Dimensions 4,347
Exterior Brick

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Contingent Average in 60637

Price
AVG $360K
$430K
Taxes
AVG $3,820
$4,235
Visits
AVG 197
113
Data Provided by Inside Real Estate®
Year Built
AVG 1937
1890

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