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Property Description

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.

Overview

Property Status
Sold
Date Sold
December 29, 2025
Lot Size
8,010 Sq.Ft.
MLS ID
12482349
Property Type
Multi-Family
Year Built
1927

Features & Amenities

Neighborhood
Chicago
Stories
2
Substructure
Brick/Mortar
Sales Price
$500,000
Real Estate Tax
$5,338/yr
Maintenance Fee
$2,200/mo
Zoning
MULTI

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7708 S Wabash Avenue

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for your interest in 7708 S Wabash Avenue, Chicago, IL 60619

7708 S Wabash Avenue
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