Corcoran Urban Real Estate
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31 Properties Within 0.5 miles of: 7401 S Wabash, Chicago

7401 S Wabash
Chicago, IL 60619

  • Built In 1929
Price

$1,579,000

Est Payment
$9,388 / month (details)  
Taxes
$11,050  
Type
Multi Family 5+  
Sq. Ft.
n/a  
Lot Size
10787  
Built
1929  
Neighborhood
Park Manor  
MLS
#10579193
Status
Sold (8/20/2021)

Property Description

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.

Property Map

Property Details

Utilities

  • Heating
  • Cooling None
  • Water
  • Sewer

Additional Information

Payment Calculator

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Principal & Interest
$0
Property Tax
$0
Assessments
$0
Home Insurance
$0
Mortgage Insurance
$0

Listing History

11-21-2019 Listed at $1,685,000
01-17-2020 Price decreased by $5,000 to $1,680,000
05-26-2020 Price decreased by $5,000 to $1,675,000
09-21-2020 Price decreased by $80,000 to $1,595,000
12-04-2020 Price decreased by $5,000 to $1,590,000
02-09-2021 Price decreased by $15,000 to $1,575,000
05-07-2021 Status changed to Under Contract
08-07-2021 Status changed to Expired
08-12-2021 Status changed to Under Contract
08-24-2021 Status changed to Closed
08-20-2021 Sold at $1,579,000
Last Modified 8/24/21 9:31 AM

Nearby Transportation

  • Bus 75 0.1 mi
  • Bus 29 0.2 mi
  • Bus 3 0.4 mi
  • Bus 71 0.4 mi
  • Bus 24 0.4 mi
  • Bus 79 0.6 mi
  • Bus 67 0.6 mi
  • Bus 30 0.6 mi
  • Bus 5 0.6 mi
  • Bus 95 0.6 mi
  • Bus 169 0.6 mi
  • Bus 8A 0.7 mi
  • Bus 4 0.9 mi
  • Bus 8 1.1 mi
  • Red Line 0.6 mi
  • I 94 West 0.1 mi
  • I 94 East 0.2 mi
  • I 90 East 0.8 mi
  • I 90 West 1.5 mi
  • Hwy 57 3.0 mi
  • Hwy 57 3.3 mi
grid
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