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    7708 S Wabash Ave Chicago, IL 60619

    New
    Pending
    For Sale
    $525,000

    Commercial Sale - Chicago, IL

    Lot size:
    0.19 Acres
    Days on Market:
    3
    Last Refresh:
    Dec 6 at 6:06 am

    Property Features for 7708 S Wabash Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Pending
    Zoning
    MULTI
    APN
    20273120150000
    Lot size
    0.19 Acres

    Building Details

    Year built
    1927
    Number of units
    6
    Architectural style
    Other

    Century 21 Pro-Team (708) 398-6400 [email protected]

    Listing agent Mauro Lopez (630) 897-4114 License #475167452

    Listing date Dec 4, 2025

    MLS# 12482349 Listing URL

    Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Chicago Multifamily Investment Opportunity

    This is an exceptional opportunity to own a well-maintained 6-unit building in the desirable Chatham neighborhood of Chicago. The solid masonry property has been kept up-to-date with city requirements. Each unit features separate meters and utilities. The building is fully leased and income-producing, offering a strong cap rate and steady cash flow. On-site coin-operated laundry machines provide extra income potential. The property boasts a large backyard and a 3-car garage. Conveniently located near public transit, shopping, parks, and schools, this is a prime neighborhood investment. The lot size is 0.19 acres. The property is located at 7708 S Wabash Avenue, Chicago, IL 60619, in Cook County. The property's zoning is MULTI.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.6235492
    Latitude
    41.7543209

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    FAQs

    What type of property is this?
    Apartment building - Well-maintained 6-unit building in Chicago's Chatham neighborhood.
    Where is this apartment building located?
    The property is located at 7708 S Wabash Ave Chicago, IL.
    What is the asking price?
    The asking price for this property is $525,000.
    What are key features of this property?
    This property features: - Fully leased, income-producing property with a strong cap rate and steady cash flow.; - Six units with separate meters and utilities, reducing operating costs.; - Well-maintained, solid masonry building in the desirable Chatham neighborhood.
    (630) 897-4114
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    7708 S Wabash Ave Chicago, IL 60619
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