$330,000

8342 S Wabash Avenue, Chicago, IL 60619

  • 5 beds |
  • 3 baths
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1923
  • Property Lot Size Icon —— sqft lot
  • Property Parking Icon 2 car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 17 hours ago

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.

Listing Status:
Active
Listing Office:
Baird & Warner : 630-442-0140
Listing Agent:
Omorodion Eguasa : 630-442-0140
MLS ID:
12526998
  • Basement: FinishedFull
  • Heating: Natural Gas
  • Parking: Garage Door OpenerYesGarage OwnedDetachedGarageParking spaces: 2
  • Roofing: Flat
  • General: Concrete Perimeter
  • Originating MLS: mred
  • School District: 299
  • County: Cook
  • Zoning: 20343000390000
  • Water: Lake Michigan
  • Sewer: Public Sewer
  • Source: mred
  • Ownership: Fee Simple

This listing courtesy of Omorodion Eguasa, Baird & Warner

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

N

Neil Elementary School

8555 S Michigan Ave, Chicago, IL, 60619

Grades PK-8

0.26 miles away

N

Neil Elementary School

8555 S Michigan Ave, Chicago, IL, 60619

Grades PK-8

0.26 miles away

P

Perspectives Charter - High School of Technology

8522 S Lafayette Ave, Chicago, IL, 60620

Grades 9-12

0.31 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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