USAILChicago5824 S Wabash Ave
5824 S Wabash Ave, Home with 12 bedrooms, 3 bathrooms and null parking in CHICAGO IL | Image 1
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$435,000

5824 S Wabash Ave, Chicago, IL

Real Estate

For Sale

$--,---,---
1230
  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size -
Garage No
Taxes $4,333
Days Active 0
Lot Size 
Approx. Age 1890
MLS® Number 12484909

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

Unique Chicago Three Flat building located on historic Wabash Avenue, in the elevating Washington Park neighborhood. With an ARV of $700, 000+ and rental comps of $2000+, this current blank canvas is ideal for an owner occupant aiming to renovate, live in one unit and rent the other two units out, covering their mortgage or an investor aiming to renovate and make a surplus of equity and instant cash flow. Nestled on a beautiful block with various renovated properties and a recently completed new build next door, this 3-unit property holds 12 bedrooms x 3 baths. Each unit features 4 spacious bedrooms, 1 full bath, large living room and kitchen areas, incredible backyard with ample amounts of space for entertainment and potential additional construction. New furnaces, copper plumbing, updated electrical service, conduit electrical, updated water service and areas of new drywall have been installed, along w/ some interior demo work. New floor plan layout renderings are included for conversion to 3 bedroom x 2 bath units (primary bed + en-suite bath) w/ in-unit laundry. Amazing opportunity to capitalize on a great passive income investment with this centrally located property blocks away from Washington Park, close to Dan Ryan and the Red line, 15 min from The Loop/Downtown, and minutes away from Hyde Park shopping/restaurants and the newly constructed Obama library. Schedule a tour today!Show Description
MLS® Number12484909
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageNo
Approx. Age1890
BasementFinished, Full
Driveway
Garage Spaces
HeatNatural Gas, Forced Air
A/C
Heating Fuel

Extras

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