5163 South Wabash Avenue

Chicago, IL 60615

$699,000
Price
13
Beds
5
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Fantastic 5 Flat Greystone with so much upside including but not limited to: New Kitchens, New Baths, New Porch, New Commercial front entrance door with intercom system, New Windows on Front Elevation, New Doors, Newly updated fireplaces--decorative only-- Newly decorated interior stairwells with carpet runners, and unit doors. Fully stabilized and ready for your investor needs. Note: Property is sold as is and has tenants in place. The first floor rents is grossly undervalued and so we are using...Fantastic 5 Flat Greystone with so much upside including but not limited to: New Kitchens, New Baths, New Porch, New Commercial front entrance door with intercom system, New Windows on Front Elevation, New Doors, Newly updated fireplaces--decorative only-- Newly decorated interior stairwells with carpet runners, and unit doors. Fully stabilized and ready for your investor needs. Note: Property is sold as is and has tenants in place. The first floor rents is grossly undervalued and so we are using the market rent in our Pro forma. 48 hours notice required for any and all showings. 6th unit potential if basement is finished and legalized. There is exterior access to lower level from the front and rear elevations. Pro Forma under additional information.

Listing Agent

Property Details for 5163 South Wabash Avenue

Area
CHI - Washington Park
Num of Interior Fireplaces
4
Zoning
MULTI
LISTING UPDATED: 11/21/2024 12:06 AM

Property Details for 5163 South Wabash Avenue

StatusActive
MLS #12164848
Days on Market64
Taxes$7,626 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family 5+ / Flats
Year Built1888
Lot Size0.07 AC / 3,150 SF
CountyCook County

Building Information for 5163 South Wabash Avenue

Stories3Residences5Year Built1888Building Size-Lot Size0.07 AC / 3,150 SF

Property Information for 5163 South Wabash Avenue

General Information
Addtl Parking Information
  • Outdoor Parking: 1-5 Spaces
Location and General Information
  • Information: List Broker Must Accompany
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Air Conditioning: Window Unit(s)
  • Electric: Service - 101 to 200 Amps
  • # Of Washers: 1
  • Heat/Ventilation: Central Bldg Heat
  • # Of Refrigerators: 5
  • Washer/Dryer Lsd: No
  • # Of Dryers: 1
  • Num of Baths: 5.0
Utilities / Equipment
  • Utilities: Water-Municipal, Water to Site
Property/Lot Information
  • Tenant Pays: Electricity
  • Built Before 1978: Yes
  • Approximate Age: Older
  • Multi-Family Type: Flats
  • Lot Dimensions: 33 X 125
  • Lot Size Square Feet: 3150.0
  • Stories: 3
  • Exterior Building Type: Brick, Limestone
  • Construction: Brick, Stone
  • Foundation Details: Stone
  • Building Area Total: 4500
  • # Of Ranges: 5
Property and Assessments
  • Public Document Count: 1
  • Document Date: 2024-09-16T15:34:37
  • Photos Count: 21
Miscellaneous
  • Current Use: Multi-Family
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 5
Income & Expenses
  • Electric Expense: $600.00
  • Fuel Expense: $6,000.00
  • Gross Income: $96,540.00
  • Gross Scheduled Income: $97,140.00
  • Insurance Expense: $4,800.00
  • Maintenance Expense: $.00
  • Electric Expense Source: Actual
  • Expense Year: 2023
  • Total Annual Expense Source: Actual
  • Fuel Expense Source: Actual
  • Insurance Expense Source: Actual
  • Janitor Expense: 0
  • Trash Expense Source: Actual
  • Total Monthly Income: 8045
  • Water Expense Source: Actual
  • Net Operating Income: $64,107.00
  • Operating Expense: $28,206.00
  • Other Expense: $.00
  • Trash Expense: $2,580.00
  • Water Sewer Expense: $4,200.00
Unit 1
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 5
  • Unit Type Type: Unit 1
  • Unit Type Units Total: 1
Unit 2
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 2
  • Unit Type Units Total: 4
Unit 3
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 3
  • Unit Type Units Total: 0
Unit 4
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 4
  • Unit Type Units Total: 0
Unit 5
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 5
  • Unit Type Units Total: 0
Unit 6
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 6
  • Unit Type Units Total: 0
Unit 7
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 7
  • Unit Type Units Total: 0

Property History for 5163 South Wabash Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 5163 South Wabash Avenue

Taxable ValueLand$18,595Additions$17,404Total$35,999
Tax Record2022$7,427 ($619 / month)
Home Facts
Baths6Total Finished SqFt6,561 SqFtAbove Grade Finished SqFt6,561 SqFtStories3Lot Size5,313 SqFtStyleMulti-Family Res (5+ Units)Year Built1890CountyCOOKAPN20-10-301-020

Schools near 5163 South Wabash Avenue

This home is within Chicago Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - PK to 8
Public - 9 to 12
Rating
School
Distance
Beethoven Elementary School
PublicPK to 8

Phillips Academy High School
Public9 to 12

Bronzeville Scholastic High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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5163 South Wabash Avenue is a multi-family home for sale in Chicago, IL 60615. This property was listed for sale on September 18, 2024 by Compass, it's currently listed at $699,000. It has been on the market for a total of 64 days and was last sold on April 17, 2023. This listing's school district is Chicago Public Schools. Nearby schools include Beethoven Elementary School, Phillips Academy High School and Beasley Elementary Magnet Academic Center. 5163 South Wabash Avenue is a 13-bed, 5-bath, multi-family home built in 1888.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Based on information submitted to the MLS GRID as of 11/21/2024 12:06 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.