5163 S Wabash Avenue Chicago, IL ^$ 749,900

5163 S Wabash Avenue

^$ 749,900

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5163 S Wabash Avenue

Chicago, IL, 60615

^$ 749,900

Bedrooms13 Baths0.0 Sq 5,400

Monthly Estimate*

^$ 5,238

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Multi-Family Home for sale in Chicago, IL

for $749,900 with 13 bedrooms. This 5,400 square foot home was built in 1890.

Wow, Here is an incredible opportunity for a cash flowing asset with so much upside, it is ideal for the arm chair investor. 5 Units plus a potential 6th which is well within the zoning. The rear porch is brand new, 4 of the 5 kitchens are brand new, all new hardwood floors, repainted surfaces, and so much more. The first floor is original with a long term tenant and that is the good news, it is a massive 1600 sf ft 5 bedroom 1 bath with interior access to the lower level. Basement ceiling heights are currently about 7 ft. Serious inquiries only, and a pre approval is required prior to showing.

Multi-Family Active

Price

^$ 749,900

Bedrooms

Property Type

Multi-Family

Taxes

^$ 7,261

Style

Year Built

1890

Town/City

Chicago

County/Region

Cook

MLS | Web ID

11945713

Features

General

Roof Rubber

Zoning MULTI

Year Built 1890

Electric Circuit Breakers Separate Meters Service - 101 to 200 Amps

Tenant Pays Electricity

Stories 3

Township Hyde Park

Tax Year 2021

Gross Income 91200

County Cook

Net Operating Income 61139

Operating Expense 0

Insurance Expense 4800

Property Type Commercial Sale Multi Family 5+

Status Active

Directions take 51st street east to Wabash make right turn to property

City Chicago

Total Units 6

MLS Area CHI - Washington Park

Street Name Wabash

Tax Annual Amount 7261

Electric Expense 800

Fuel Expense 6000

Trash Expense 0

Water Sewer Expense 2400

Additional Parcels Y/N N

Days on Market 57

Standard Status Active

Exterior

Foundation Details Brick/Mortar

Building Area Total 5400

Lot Dimensions 30 X 125

Exterior Brick Limestone

Interior

Street Suffix Avenue

Basement Partially Finished Cellar Exterior Access Bathroom Rough-In

* Excluded Features

List By

Compass

Broker

waguilarproperties@gmail.com;waguilarproperties@gmail.com

Affordability Calculator

$5,843

Per Month

Monthly Principal & Interest: $5,238
Monthly Property Taxes: $605
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Chicago, IL

Average List Price ^$639,137

Percent of Sale Price 15%

About Chicago, IL

2,755,380 Population

-4% Since 2002

^$53,088 Median Income

36.07 Median Age

25% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

565567 Elementary School

567955 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
12/14/2023	$749,900		Listed Price

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5163 S Wabash Avenue, Chicago, IL, 60615 is a Multi-Family Home for sale at $749,900 with 5,400 sqft. 5163 S Wabash Avenue has 13 bedrooms, 0.0 baths, and was built in 1890. The property's zip code is 60615 which is in Chicago, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Data is updated as of 5/3/2024.

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5163 S Wabash Avenue

Multi-Family Home for sale in Chicago, IL

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