REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 330,000
Est. payment /mo
New
8342 S Wabash AVE Chicago, IL 60619
5 Beds
3 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12526998
Bedrooms 5
Year Built 1923
Annual Tax Amount $5,123
Tax Year 2024
Lot Dimensions 25 X 120
Property Sub-Type Two to Four Units
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.
Location
State IL
County Cook
Area Chi - Chatham
Rooms
Basement Finished, Full
Interior
Heating Natural Gas
Equipment Ceiling Fan(s)
Fireplace N
Exterior
Garage Spaces 2.0
Roof Type Flat
Building
Dwelling Type Two to Four Units
Building Description Brick, No
Sewer Public Sewer
Water Lake Michigan
Structure Type Brick
New Construction false
Schools
School District 299 , 299, 299
Others
Ownership Fee Simple
Special Listing Condition None
© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Omorodion Eguasa of Baird & Warner
GET MORE INFORMATION
QUICK SEARCH