4040 S Wabash Ave, Chicago, IL, 60653

USD 779,000
For Sale

Property Details

Bedrooms

10

Bathrooms

6

Property Type

Single Family

Description

Property Details: • Type: Single Family • Bedrooms: 10 • Bathrooms: 6 • Square Feet: [object Object] • Lot/Size: 3,920 sqft lot

Description: Legal 4-unit investment or owner-occupied opportunity in Chicago's Bronzeville area with strong in-place rental income and multiple recent improvements. Currently fully rented but there is the opportunity for owner occupancy in July if desired. Have the majority of your mortgage and housing expenses paid by the other 3 units! The property features a desirable unit mix: one garden 2 bed/1 bath, two 3 bed/1.5 bath units, and one 2 bed/2 bath unit, currently generating $6,775/month or $81,300/year in gross scheduled rent. Tenants pay gas and electric, while the landlord pays water. Improvements include updated flooring, stainless steel appliances, granite countertops, newer furnaces, hot water

Location

Address

4040 S Wabash Ave, Chicago, IL, 60653

City

Chicago

Features and Finishes

Year Built: 1888; [object Object]; [object Object]; [object Object]

Legal Notice

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