Listing provided courtesy of Coldwell Banker RealtyMREDas Distributed by MLSGrid- MLS# 12471061MLS Provider

6712 S Wabash AvenueChicago, IL 60637

Multi-Family · 9 Beds
$384,000 Active

6712 S Wabash Avenue Overview

Time on Site:
290 days
Visits:
1

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.

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6712 S Wabash Avenue Facts & Features

  • Type Multi-Family

Details

General

School Information

  • School District: 299

Building Information

  • New Construction: No
  • Year Built: 1898

Location/Region

  • County Or Parish: Cook
  • MLS Area Major: CHI - Greater Grand Crossing
  • Township: Hyde Park

Community/Development

  • Community Features: Gated, Sidewalks, Street Lights

Tax Information

  • Tax Annual Amount: $3,798.00
  • Tax Year: 2023

General Information

  • Ownership: Fee Simple
  • Parcel Number: 20223000190000
  • Property Type: Residential Income
  • Special Listing Conditions: None

Interior

Parking Information

  • Half Baths Building: 0

Beds/Baths

  • Bathrooms Total: 5
  • Bedrooms Total: 9
  • Bedrooms Possible: 9
  • Full Baths Building: 5

General Information

  • Basement: Unfinished, Walk-Up Access, Walk-Out Access
  • Foundation Details: Concrete Perimeter
  • Heating: Natural Gas
  • Rooms Total: 21

Exterior

Parking Information

  • Parking Features: Off Alley, Yes, Owned
  • Parking Total: 2

Lot Information

  • Lot Size Dimensions: 165x50
  • Water Source: Public

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Construction Materials: Brick
  • Roof: Flat

General Information

  • Sewer: Public Sewer

Unit Information

Unit 1 Details

  • Unit Type: Unit 1
  • Actual Rent: 0
  • Beds Total: 2
  • Baths Total: 1

Unit 2 Details

  • Unit Type: Unit 2
  • Actual Rent: 1400
  • Beds Total: 3
  • Baths Total: 1

Unit 3 Details

  • Unit Type: Unit 3
  • Actual Rent: 1200
  • Beds Total: 2
  • Baths Total: 1

Unit 4 Details

  • Unit Type: Unit 4
  • Actual Rent: 1400
  • Beds Total: 2
  • Baths Total: 1

6712 S Wabash Avenue Neighborhood

Community

60637 (CHICAGO) Demographics

31
Median Age
8,890
Population Density (per sq. mile)
41%
College Educated
$30,149
Estimated Median Income
4,970
Estimated Total Home Owners
15,152
Estimated Total Renters
25% / 75%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

6712 S Wabash Avenue Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

6712 S Wabash Avenue Market Data

Based on the last 30 days in this zip code

$393,653
Average List Price
$235
Average Price per Square Foot
24
Properties Sold
105
Average Days on Market
115
Properties for Sale
Calculations provided by Reliance Network

6712 S Wabash Avenue History

Date Event Value Agent
1/19/2026Source: MRED Status Change
Active
1/14/2026Source: MRED Price Reduction
$384,000 -1.3%
1/14/2026Source: MRED Status Change
Price Change
11/4/2025Source: MRED Status Change
Active
10/30/2025Source: MRED Status Change
Re-activated
10/10/2025Source: MRED Status Change
Pending
9/17/2025Source: MRED Status Change
Active
9/12/2025Source: MRED Added to Database
September 12, 2025