5350 S Wabash Avenue
Chicago, IL 60615
- 8 beds
- 3 baths
- – sqft
- 2,178 sqft lot
- 1910 build
- – on site
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Don't miss out on investing in your future with this multi-unit on a corner lot! With a $39,000 annual gross rental income, this lucrative investment is located in the sought after Washington Park neighborhood. It is adjacent to the future $150 million data center of Washington Park. It is an all brick property situated only a 5 minute walk from both the Garfield Blvd CTA Green line and Red line stations, and the Dan Ryan Expressway. Additionally, it's near the heart of the future "University of Chicago's Art Block Initiative." Featuring two spacious units with hardwood floors throughout, updated kitchens with granite countertops, stainless steel appliances, and updated bathrooms with ceramic tiling. The top floor unit has three bedrooms and one bathroom with a very large living room and plenty of closet space. The bottom unit is duplexed down offering two floors of living space and 5 bedrooms. The kitchen features a living/dining combo with a large island. The primary bedroom in the lower level features an ensuite bathroom. There is individually metered laundry for each unit in the basement utility room. The roof, back porch, water heaters, a/c's and downstairs furnace were all replaced in 2017. The upstairs furnace has been serviced annually. both units are already hard-wired for ADT security. There's nothing to do except move in and have your tenant cover the majority or all of your mortgage. The 5 bedroom was previously rented for $1,750. The 3 bedroom's potential rent could be $1,500+.
Last checked:
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Last updated Apr 9, 2025
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MLS# 11190343 —
The Building
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Year Built:1910
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Rebuilt:No
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New Construction:false
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Architectural Style:Brownstone
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Roof:Tar and Gravel
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Basement:Full,Walkout
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Foundation Details:Concrete Perimeter
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Exterior Features:Balcony,Porch,Cable Access
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Other Equipment:Security System,CO Detectors,Ceiling Fan(s),Multiple Water Heaters
Interior
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Room Type:Foyer
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Rooms Total:17
Location
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Directions:South WABASH TO 53RD ST PROPERTY ON NW CORNER
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Location:86802
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Location:18235
The Property
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Parcel Number:20103070330000
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Property Type:Residential Income
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Location:N
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Lot Features:Corner Lot,Fenced Yard
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Lot Size Dimensions:2553 SQ. FT.
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Lot Size Acres:0.05
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Lot Size Source:County Records
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Zoning:MULTI
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Waterfront:false
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Additional Parcels:false
Listing Agent
- Contact info:
- Agent phone:
- (312) 879-9293
- Office phone:
- (312) 733-1300
Taxes
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Tax Year:2020
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Tax Annual Amount:2654.86
Beds
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Bedrooms Total:8
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Bedrooms Possible:8
Baths
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Baths:3
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Full Baths:3
The Listing
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Short Sale:Not Applicable
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Special Listing Conditions:List Broker Must Accompany
Heating & Cooling
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Heating:Natural Gas
Utilities
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Sewer:Public Sewer
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Water Source:Lake Michigan
Schools
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Elementary School District:299
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Middle Or Junior School District:299
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High School District:299
The Community
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Community Features:Park,Curbs,Sidewalks,Street Lights,Street Paved
Extra Units
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Other Structures:None
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Unit 1 Full Baths:2
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Unit 2 Full Baths:1
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
Provided by BroadbandNow®
View a full reportThis is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
10/13/21
Oct 13, 2021
|
Sold | MRED | $425,000 | |
9/8/21
Sep 8, 2021
|
Sold Subject To Contingencies | MRED | $425,000 | |
9/8/21
Sep 8, 2021
|
Listed / Active | MRED | $425,000 |