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Active
  • Price cut: $76K (12/2)
    $499,000

    5813 S Wabash Ave, Chicago, IL 60637

    12beds
    --sqft
    : 
    Multi Family
    Built in 1894
    -- sqft lot
    $492,300 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Exciting Investment Opportunity in Washington Park/ Hyde Park - 4-Unit Building at 5813 S Wabash. Unlock the potential of this partially renovated 4-unit property in one of Chicago's fastest-growing neighborhoods! Located on a quiet, tree-lined block, this property is already well underway with a thoughtful rehab-perfect for an investor or developer looking to step in and complete a high-value project. The property features rough electrical work completed in the basement. HVAC systems are installed on all floors, with the 2nd and 3rd floors ready for final installation once new windows are in place. Framing is nearly complete throughout, and insulation materials are already on site. Masonry work for window and door openings has been finished, along with framing for the basement and 1st-floor exterior walls. Windows installed on the third floor and partial windows installed on the second and third floor. Insulation installed throughout. Drywall installed in the utility room and bathroom. Much of the heavy lifting has been done-finish the project your way and capture the upside in this thriving area surrounded by new construction, transportation, and major redevelopment. A true opportunity to create lasting value in a vibrant South Side community! PERMITS APPROVED!
    12 days
    |
    340
    |
    30
    |

    Zillow last checked: 8 hours ago

    Listing updated: December 08, 2025 at 12:21pm

    Listing courtesy of:

    Jennifer Bustillo 773-466-7150,

    Compass

    Source: MRED as distributed by MLS GRID,MLS#: 12526348MLS Logo

    Tour with a local agent

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 12
    • Bathrooms: 4
    • Full bathrooms: 4
    Heating
    • None
    Features
    • Basement: Unfinished,Full

    Property

    Parking
    • Total spaces: 2
    • Parking features: Off Alley, Owned
    Lot
    • Size: 3,125 Square Feet
    • Dimensions: 25X125
    Details
    • Parcel number: 20151200020000
    • Special conditions: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Brick
    Condition
    • New construction: No
    • Year built: 1894

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Lake Michigan

    Community & HOA

    Location
    • Region: Chicago

    Financial & listing details

    • Tax assessed value: $210,000
    • Annual tax amount: $3,743
    • Date on market: 12/2/2025
    • Ownership: Fee Simple
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    Estimated market value

    $492,300

    $468,000 - $517,000

    Not available

    Price history

    Price history
    DateEventPrice
    12/2/2025Price change$499,000-13.2%
    Source: MRED as distributed by MLS GRID #12526348 Report a problem
    11/28/2025Listed for sale$575,000+36.9%
    Source: MRED as distributed by MLS GRID #12499792 Report a problem
    8/11/2025Listing removed$419,997
    Source: MRED as distributed by MLS GRID #12373774 Report a problem
    7/29/2025Listed for sale$419,997
    Source: MRED as distributed by MLS GRID #12373774 Report a problem
    6/16/2025Contingent$419,997
    Source: MRED as distributed by MLS GRID #12373774 Report a problem

    Public tax history

    Public tax history
    YearProperty taxesTax assessment
    2023$3,744 +3.2%$21,000
    2022$3,627 +1.8%$21,000
    2021$3,564 -14.9%$21,000 -4.1%

    Find assessor info on the county website

    BuyAbility℠ payment

    Est. payment
    $3,384/mo
    Principal & interest
    $2427
    Property taxes
    $782
    Home insurance
    $175

      Climate risks

      Neighborhood: Washington Park

      Nearby schools

      GreatSchools rating
      Schools provided by the listing agent
      • District: 299

      Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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