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.
Property Details
Price:
$525,000
MLS #:
MRD12482349
Status:
Active Under Contract
Beds:
3
Baths:
2
Type:
Commercial
Neighborhood:
chigreatergrandcrossing
Listed Date:
Sep 27, 2025
Lot Size:
8,010 sqft / 0.19 acres (approx)
Year Built:
1927
Schools
Interior
Exterior
Construction Materials
Stone
Financial
Maintenance Fee
$2,200
Tax Year
2023
Taxes
$5,338
Listing Agent & Office
Mauro Lopez
Century 21 Circle – Aurora
See this Listing
Mortgage Calculator
Map
Similar Listings Nearby

7708 S Wabash Avenue
Chicago, IL


Recent Comments