7708 South Wabash, Chicago IL 60619
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.
Features & Information
Key Details
- List Price $525,000
- Property Taxes $5,338
- Price/ Sq. Ft. Unavailable
- Year Built 1927
- Status Pending
Building Information
- Age of Building Older
- Exterior Construction Stone
- Foundation Brick
- Heating & Cooling Central Bldg Heat, Radiators
Location
- County Cook
- Directions to Property Dan Ryan Exit 76th Right On S Wabash Ave Property On Right
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Property Taxes
- Tax 5338
- Parcel Identification Number 20273120150000
Listed by: Century 21 Circle - Aurora | Phone: 630.897.4114
Source: MRED as distributed by MLS GRID
Based on information submitted to the MLS GRID as of 12/16/2025 6:02 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Explore Park Manor
Park Manor is a south side Chicago neighborhood with well-kept single-family homes, plentiful schools, and easy transportation options. Cradled between two of the city's major highways and the Red Line branch of the “El” train system, residents in Park Manor have no trouble getting from point A to point B. Traveling within the neighborhood borders will reveal a love for hearty American restaurants that serve up all the comfort foods, from barbeque ribs to the traditional turkey club. Aside from getting a bite to eat, Park Manor residents have the benefit of a handful of retail developments and shops. The nightlife in Park Manor is rather lively, sporting several bars and lounges.
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