Chicago, IL 60619 7708 S Wabash Avenue
$525,000



20 more





















Presented By: Century 21 Circle - Aurora
Home Details
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.
Presented By: Century 21 Circle - Aurora
Interior Features for 7708 S Wabash Avenue
Other Interior Features
BasementUnfinished
General for 7708 S Wabash Avenue
Additional Parcels Y/NNo
Cap Rate9.2
CityChicago
Construction MaterialsStone
ContingencyAttorney/Inspection
CountyCook
DirectionsDAN RYAN exit 76TH right on S WABASH AVE property on right
ElectricCircuit Breakers, Separate Meters
Electric Expense1146
Fuel Expense3449
Gross Income73740
Insurance Expense4200
Lot Size Square Feet8010
MLS AreaCHI - Greater Grand Crossing
MaintenanceExpense2200
ModificationTimestamp2025-10-16T13:41:01.648Z
Net Operating Income55653
Number Of Units Total6
Operating Expense21087
Property TypeCommercial Sale
Property TypeMulti Family 5+
Standard StatusActive Under Contract
StatusContingent
Stories Count2
Tax Annual Amount5338
Tax Year2023
Tenant PaysElectricity
TownshipHyde Park
Trash Expense2880
Water Sewer Expense1912
Year Built1927
ZoningMULTI
Exterior for 7708 S Wabash Avenue
BuyerOfficeFax(312) 268-5478
Foundation DetailsBrick/Mortar
Lot Dimensions50 X 160.2
Lot Size Acres0.19
Additional Details
Price History
