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7401 Wabash Avenue, Chicago, IL – $1,675,000

  • $1.7M Price
  • $1.7M Price

7401 Wabash Avenue

Great investment opportunity in the Park Manor Neighborhood. All twelve (12) condo quality units have been completely gut renovated including, building mechanicals and common areas. The property is currently fully tenanted and has consistent cash flow month over month with an amazing tenant base. This is for serious long-term investors that understand the value in quality construction and asset stability. Buildings of this quality and location are extremely rare and are positioned for lifelong investors looking for consistency and financial stability. This large corner property is located blocks away from local shopping and public transportation. Property Highlights Include: Fully gut renovated large units, new building mechanicals throughout including framing, HVAC, insulation, electrical, plumbing, roof, and masonry. Separate utilities. New coin operated machines in laundry room. New plumbing throughout including water main and underground plumbing system. New vinyl windows/capping. New hardwood floors throughout. Sold with all new stainless-steel appliances. New 600-amp electrical service. Fully renovated common areas, fencing and sidewalks.

Essential Information

  • MLS® #10579193
  • Price$1,675,000
  • Acres0.00
  • Year Built1929
  • TypeCommercial
  • Sub-TypeMulti Family 5+
  • StatusPrice Change

Community Information

  • Address7401 Wabash Avenue
  • AreaCHI - Greater Grand Crossing
  • CityChicago
  • CountyCook
  • StateIL
  • Zip Code60619

Amenities

  • UtilitiesWater to Site

Amenities

Curbs and Gutters, Lighting/Exterior, Sidewalks, Cable Ready

Interior

  • HeatingForced Air
  • CoolingNone
  • Has BasementYes
  • Stories2

Exterior

  • ExteriorBrick
  • Lot DescriptionCorner, Public Transport Avail
  • ConstructionBrick
  • FoundationConcrete

Additional Information

  • ZoningMULTI

Listing Details

  • Listing OfficeHalsted Taylor Real Estate
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Price Change History for 7401 Wabash Avenue, Chicago, IL (MLS® #10579193)

Date Details Change
Status Changed from Active to Price Change
Price Reduced from $1,680,000 to $1,675,000 $5,000 (0.30%)
Status Changed from Price Change to Active
Status Changed from Active to Price Change
Price Reduced from $1,685,000 to $1,680,000 $5,000 (0.30%)
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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 Coldwell Banker Residential Brokerage 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. Information deemed reliable but not guaranteed.

Listing information last updated on May 29th, 2020 at 3:37pm CDT.