8342 South Wabash, Chicago IL 60619
$330,000

New

Chatham Two to Four Units

Listing Agent

Omorodion Eguasa

630.442.0140 | Email | About

Units 2
Total Beds 5
Total Baths 3
Taxes $5,123.34
Payment Estimate View Mortgage Calculator

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Property Description

Investor Opportunity! Welcome to 8342 S Wabash Ave, a well-maintained, income-producing property located on a quiet, stable block in Chicago's sought-after Chatham community. Fully occupied with reliable tenants, this property offers immediate cash flow and strong long-term rental upside. The property features a spacious layout with updated interiors, including modern flooring, refreshed kitchens and baths, and well-kept mechanicals - minimizing hassle and future maintenance costs. The finished basement provides additional living space, increasing rental appeal and flexibility for future value-add improvements. Outside, the property includes a private backyard and a detached garage, adding convenience and desirability for tenants. Located near public transportation, major roadways, shopping, and everyday conveniences, this location maintains consistent rental demand. Whether you're building your portfolio or seeking a turnkey addition, 8342 S Wabash Ave is a strong-performing asset with dependable occupancy and plenty of room for appreciation.

Features & Information

Key Details

List Price $330,000
Property Taxes $5,123.34
Price/ Sq. Ft. Unavailable
Year Built 1923
Parking Type Garage
Status New

Rooms

Total Rooms 10
Basement F

Exterior Features

Parking
Parking Details Garage
# of Cars:  2
# of Garage Spaces:  Garage Door Opener(s),Transmitter(s)

Building Information

Number of Units 2
Age of Building 100+ Years
Exterior Construction Brick
Foundation Concrete
Heating & Cooling Gas

Units
Unit 1 Stove, Window Air Conditioner
Unit 2 None

Location

County Cook
Township South Chicago
Corporate Limits Chicago
Directions to Property 83rd Street To Wabash; South To Address

Schools
Elementary School District 299
Junior High District 299
High School District: 299

Property Taxes
Tax 5123.34
Tax Year 2024
Tax Exemptions None
Parcel Identification Number 20343000390000

Utilities

Sewer Sewer-Publ

Based on information submitted to the MLS GRID as of 12/5/2025 11:02 PM. 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 Chatham

A strong history of prestigious African American-owned businesses established a solid base for a prosperous and successful Chicago neighborhood that is still present in Chatham and spills over into beautiful residential blocks and a viable commercial and dining district. Single-family homes dominate the neighborhood with a handful of multi-unit buildings here and there. But, for the most part Chatham residents live in classic bungalows and frame houses with small green yards and shaded front sidewalks. Along the main thoroughfares dozens of restaurants, takeout places, and neighborhood bars line the street, welcoming familiar faces to enjoy a meal and relax after a long day. Scattered among the eateries are a good selection of clothing stores and unique boutiques, with a Target on hand for the best in one-stop shopping.

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