7708 South Wabash Avenue, Chicago, IL

$525,000

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0.19

Acres

About 7708 South Wabash Avenue

Exceptional opportunity to own a well-maintained 6-unit building in the desirable Chatham neighborhood of Chicago. This solid masonry property has been kept up-to-date with city requirements, making it a true turnkey investment. Each unit features separate meters and utilities, keeping operating costs in check and providing added value for investors. The building is fully leased and income-producing, offering a strong cap rate and steady cash flow. In addition, on-site coin-operated laundry machines provide extra income potential. Outside, the property boasts a large backyard perfect for tenant enjoyment, along with a rare 3-car garage, adding valuable parking and storage options. Conveniently located near public transit, shopping, parks, and schools, this is a prime neighborhood investment with long-term upside. Whether you're looking to expand your portfolio or secure your first multi-family, this property checks all the boxes for stability, income, and growth potential.

Features of 7708 South Wabash Avenue

MLS® # 12482349
Price $525,000
Bathrooms 0.00
Acres 0.19
Year Built 1927
Type Commercial Sale
Sub-Type Multi Family 5+
Status Contingent

Community Information

Address 7708 South Wabash Avenue
Area CHI - Greater Grand Crossing
City Chicago
County Cook
State IL
Zip Code 60619

Amenities

Is Waterfront No
Has Pool No

Interior

Fireplace No
Has Basement Yes
Basement Unfinished

Exterior

Exterior Stone
Foundation Brick/Mortar

Additional Information

Days on Market 22
Zoning MULTI
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeCentury 21 Circle - Aurora
Contact Infodshelton@c21circle.com

Listing Map

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