7708 S Wabash Avenue Chicago, IL 60619
Multi-Family
MLS #: 12482349
Listed By CENTURY 21 Circle
Property InformationDescription
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
- Cross Docks: N
- For Auction: N
- Lot Size In Text: 8010 Sq. Ft.
- MLSID: 12482349
- Parking Places: 0
- Price Per Area: 0.00
- Price Upon Request: N
- Style: Other Style
- Sublease: N
- Tax Year: 2023
- Taxes: $5338.00
- Year Built: 1927
