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17-Unit Apartment Building
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7900 S Wabash Ave, Chicago, IL 60619

Updated apartments feature modern kitchens, renovated baths, hardwood floors, and abundant natural light.

Property Size13,500 SF
Price / SF$111.11
Days on Market188

Property Features for 7900 S Wabash Ave

General Information

Standard status Active
Size 13,500 SF
Property subtype Multifamily

Site & Location

Highway Access Yes
Public Transit Yes

Units

Unit Mix 11 x 2BR/1BA, 6 x 1BR/1BA
Multifamily Units 17

Additional Details

Cap Rate 10%

Building Details

Buildings 1
Units 17
Listing Agency: Kiser Group
Listed By: Noah Birk · License #IL 475.125864
Source: Crexi
Added: Feb 23 Changed: Aug 30 Last Checked: Aug 30 at 2:06AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Kiser Group

Investment Insights

Based on property information with market context.

This 17-unit apartment building contains eleven 2-bedroom/1-bath apartments and six 1-bedroom/1-bath apartments within 13,500 square feet. Interior updates include modern kitchens and baths, while hardwood flooring and substantial natural light are present throughout the residences.

Recent building improvements include an updated roof, a newer hot water tank installed in 2022, and extensive masonry work. The property is located near CTA bus and train stops and approximately one block from I-94, providing direct access toward downtown Chicago and other parts of the city.

Key Highlights

  • 17‑unit apartment building totaling 13,500 square feet
  • Unit mix includes eleven 2Bd/1Ba and six 1Bd/1Ba apartments
  • Modern kitchen and bath updates across the apartments

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Kitchen & Bath Showroom HVAC Service Skin Care Clinic Gym & Fitness Center (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

17
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

917
Businesses Nearby

Demographics for 60619, IL

63,303
Population
33,547
Households
1.9
Avg Household Size
43
Median Age
27%
College-Educated
90%
High-School Grad
6.1 sq mi
ZIP Area
10,378
Density / Sq Mi
$43,403
Median Household Income
$35,672
Median Earnings
$1,054
Median Rent
$213,000
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Updated apartments feature modern kitchens, renovated baths, hardwood floors, and abundant natural light.
Where is this apartment building located?
The property is located at 7900 S Wabash Ave Chicago, IL.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: 17‑unit apartment building totaling 13,500 square feet; Unit mix includes eleven 2Bd/1Ba and six 1Bd/1Ba apartments; Modern kitchen and bath updates across the apartments
(773) 293-5032 Call to check price and availability
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