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

Chicago, IL, 60619
$ 525,000
Bedrooms3 Baths0.0

Monthly Estimate*

$ 3,275

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Multi-Family Home for sale in Chicago, IL

for $525,000 with 3 bedrooms. This home was built in 1927 on a lot size of 0.19.

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.

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Multi-Family Pending

Price

$ 525,000

Bedrooms

3

Property Type

Multi-Family

Taxes

$ 5,338

Style

Lot Size

0.19

Year Built

1927

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12482349

Features
Interior
Basement Unfinished
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General
Zoning MULTI
Construction Materials Stone
Year Built 1927
Electric Circuit Breakers Separate Meters
Tenant Pays Electricity
Stories Count 2
Township Hyde Park
Tax Year 2023
Gross Income 73740
County Cook
Net Operating Income 55653
Operating Expense 21087
Insurance Expense 4200
Property Type Commercial Sale Multi Family 5+
MaintenanceExpense 2200
Status Pending
Directions DAN RYAN exit 76TH right on S WABASH AVE property on right
City Chicago
Number Of Units Total 6
MLS Area CHI - Greater Grand Crossing
Lot Size Square Feet 8010
Tax Annual Amount 5338
Electric Expense 1146
Fuel Expense 3449
Trash Expense 2880
Water Sewer Expense 1912
Additional Parcels Y/N N
Standard Status Pending
Cap Rate 9.2
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Exterior
Foundation Details Brick/Mortar
Lot Dimensions 50 X 160.2
Lot Size Acres 0.19
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* Excluded Features
List By
Century 21 Circle - Aurora

Broker

mauro.lopez@c21circle.com

Email

Affordability Calculator

$3,720
Per Month
88%
12%
0%
Monthly Principal & Interest
$3,275
Monthly Property Taxes
$445
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/27/2025$525,000 Listed Price

Map


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7708 S Wabash Avenue, Chicago, IL, 60619 is a Multi-Family Home for sale at $525,000 with a lot size of 0.19. 7708 S Wabash Avenue has 3 bedrooms, 0.0 baths, and was built in 1927. The property's zip code is 60619 which is in Chicago, IL