10500 S Wabash Avenue Chicago, IL ^$ 725,000

10500 S Wabash Avenue

^$ 725,000

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10500 S Wabash Avenue

Chicago, IL, 60628

^$ 725,000

Bedrooms2 Baths0.0

Monthly Estimate*

^$ 4,464

10500 S Wabash Avenue, Chicago, IL 60628 - Image 1

10500 S Wabash Avenue, Chicago, IL 60628 - Image 2

10500 S Wabash Avenue, Chicago, IL 60628 - Image 3

10500 S Wabash Avenue, Chicago, IL 60628 - Image 4

10500 S Wabash Avenue, Chicago, IL 60628 - Image 5

Multi-Family Home for sale in Chicago, IL

for $725,000 with 2 bedrooms. This home was built in 1925 on a lot size of 0.206979.

12-unit multifamily building located in Chicago's Roseland neighborhood, offering stable cash flow and long-term investment potential. The property features a classic Chicago brick exterior with strong curb appeal and durable construction. The building consists of 12 residential units and includes the valuable benefit of off-street parking, a highly desirable amenity for tenants in the area. Units offer functional layouts with ample natural light, while the property's configuration supports efficient management and operating expenses. Situated on South Wabash Avenue, the property enjoys convenient access to public transportation, major arterial roads, neighborhood retail, schools, and employment centers. The location supports consistent rental demand from area residents seeking affordable housing with easy access to the broader South Side and downtown Chicago.

Multi-Family Contingent

Price

^$ 725,000

Bedrooms

Property Type

Multi-Family

Taxes

^$ 46,331

Style

Multi-Family

Lot Size

0.206979

Year Built

1925

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12561460

Features

General

Possession Closing

Zoning MULTI

Construction Materials Brick

Year Built 1925

Tenant Pays Electricity Heat

Stories Count 2

Tax Year 2023

Current Use Multi-Family

Gross Income 115200

County Cook

Net Operating Income 68869

Operating Expense 46331

Insurance Expense 3500

Property Type Commercial Sale Multi Family 5+

Contingency Financing

MaintenanceExpense 0

Status Contingent

Directions Halsted Street to 103rd St East to Wabash S to building on SW Corner of 105th and Wabash

City Chicago

Number Of Units Total 12

MLS Area CHI - Roseland

Lot Size Square Feet 9016

Tax Annual Amount 46331

Electric Expense 0

Fuel Expense 0

Trash Expense 1500

Water Sewer Expense 0

Additional Parcels Y/N N

Standard Status Active Under Contract

Interior

Basement Unfinished

Total Fireplaces 0

Exterior

Lot Dimensions 9016

Frontage Type City Street

* Excluded Features

List By

Sims Commercial Real Estate Inc

Broker

michaelsims@kw.com

Affordability Calculator

$8,325

Per Month

Monthly Principal & Interest: $4,464
Monthly Property Taxes: $3,861
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.25% 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 ^$618,927

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
4/9/2026	$725,000		Listed Price

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10500 S Wabash Avenue, Chicago, IL, 60628 is a Multi-Family Home for sale at $725,000 with a lot size of 0.206979. 10500 S Wabash Avenue has 2 bedrooms, 0.0 baths, and was built in 1925. The property's zip code is 60628 which is in Chicago, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% 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 4/17/2026.

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10500 S Wabash Avenue

Multi-Family Home for sale in Chicago, IL

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