7557 South Wabash Avenue

Chicago, IL 60619

$410,000
Price
10
Beds
6
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

REI wait no longer to build wealth, perfect investment to add to your portfolio! Motivated Seller! Solid building, some tlc needed, CASH BUYER/PRIVATE MONEY LENDER welcome. This building is a money maker. Tenants on MTM. Minutes to I-90 & I-94, bus stop, 15 minutes to Loop.REI wait no longer to build wealth, perfect investment to add to your portfolio! Motivated Seller! Solid building, some tlc needed, CASH BUYER/PRIVATE MONEY LENDER welcome. This building is a money maker. Tenants on MTM. Minutes to I-90 & I-94, bus stop, 15 minutes to Loop.
  1. Listed by Kim Winbush • Charles Rutenberg Realty

Property Details for 7557 South Wabash Avenue

Area
CHI - Greater Grand Crossing
Township
Hyde Park
Zoning
MULTI
LISTING UPDATED: 09/24/2024 12:07 AM

Property Details for 7557 South Wabash Avenue

StatusActive
MLS #12151555
Days on Market83
Taxes$2,765 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family 5+ / Corridor-Exterior Entrance
Year Built1921
Lot Size0.12 AC / 5,227 SF
CountyCook County

Building Information for 7557 South Wabash Avenue

Stories2Residences6Year Built1921Building Size-Lot Size0.12 AC / 5,227 SF

Property Information for 7557 South Wabash Avenue

General Information
Addtl Parking Information
  • Indoor Parking: 1-5 Spaces
Location and General Information
  • Information: 24-Hr Notice Required,List Broker Must Accompany,No Sign on Property
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Electric: Circuit Breakers
  • # Of Washers: 1
  • Basement Description: Finished
  • Heat/Ventilation: Central Heat/Indiv Controls
  • # Of Refrigerators: 6
  • Washer/Dryer Lsd: No
  • # Of Dryers: 1
  • Num of Baths: 6.0
Exterior Features
  • Building Unit Info: Accessible
Property/Lot Information
  • Tenant Pays: Electricity
  • Built Before 1978: Yes
  • Approximate Age: Older
  • Multi-Family Type: Corridor-Exterior Entrance
  • Lot Dimensions: 5674 SQ FT
  • Stories: 2
  • Exterior Building Type: Brick
  • Construction: Brick
  • Foundation Details: Brick/Mortar
  • # Of Ranges: 6
  • Conversion: N
  • MRD_UNC: Yes
Property and Assessments
  • Buyer Financing: Conventional, FHA, VA
  • Public Document Count: 0
  • Photos Count: 17
  • Deconversion: N
Miscellaneous
  • Current Use: Multi-Family
  • Location: Corner
Virtual Tour/Additional Media
  • Virtual Tour: Image360
  • Virtual Tour YN: Yes
Multi Family
Multi-Family Information
  • Number Of Units Total: 6
Income & Expenses
  • Electric Expense: $600.00
  • Fuel Expense: $2,400.00
  • Gross Income: $61,200.00
  • Gross Scheduled Income: $61,200.00
  • Insurance Expense: $2,500.00
  • Maintenance Expense: $1,200.00
  • Electric Expense Source: Broker Projection
  • Fuel Expense Source: Broker Projection
  • Insurance Expense Source: Broker Projection
  • Janitor Expense: 1100
  • Trash Expense Source: Broker Projection
  • Total Monthly Income: 5100
  • Water Expense Source: Broker Projection
  • Net Operating Income: $50,880.00
  • Operating Expense: $10,320.00
  • Other Expense: $.00
  • Trash Expense: $720.00
  • Water Sewer Expense: $1,800.00
Unit 1
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 1
  • Unit Type Units Total: 4
Unit 2
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 2
  • Unit Type Units Total: 2
Unit 3
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 3
  • Unit Type Units Total: 0
Unit 4
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 4
  • Unit Type Units Total: 0
Unit 5
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 5
  • Unit Type Units Total: 0
Unit 6
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 6
  • Unit Type Units Total: 0
Unit 7
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 7
  • Unit Type Units Total: 0

Property History for 7557 South Wabash Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 7557 South Wabash Avenue

This home is within Chicago Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Charter - 9 to 12
Charter - 6 to 12
Rating
School
Distance
Simeon Career Academy High School
Public9 to 12

Community Youth Development Institute
Charter9 to 12

Gary Comer College Prep
Charter6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Neighborhood Map and Transit

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7557 South Wabash Avenue is a multi-family home for sale in Chicago, IL 60619. This property was listed for sale on August 30, 2024 by Charles Rutenberg Realty, it's currently listed at $410,000. This listing's school district is Chicago Public Schools. Nearby schools include Lenart Elementary Regional Gifted Center, Simeon Career Academy High School and Community Youth Development Institute. 7557 South Wabash Avenue is a 10-bed, 6-bath, multi-family home built in 1921.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Charles Rutenberg Realty

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Based on information submitted to the MLS GRID as of 09/24/2024 12:07 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.