4040 S Wabash Avenue, Chicago, IL 60653
Local realty services provided by:CENTURY 21 All Pro Real Estate
4040 S Wabash Avenue,Chicago, IL 60653
$825,000
- 10 Beds
- 7 Baths
- - sq. ft.
- Multi-family
- Sold
Listed by: steven wear, chirag thakkar
Office: seed realty llc.
MLS#:12667630
Source:MLSNI
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Price summary
- Price:$825,000
About this home
Legal 4-unit investment or owner-occupied opportunity in Chicago's Bronzeville area with strong in-place rental income and multiple recent improvements. Currently fully rented but there is the opportunity for owner occupancy in July if desired. Have the majority of your mortgage and housing expenses paid by the other 3 units! The property features a desirable unit mix: one garden 2 bed/1 bath, two 3 bed/1.5 bath units, and one 2 bed/2 bath unit. Tenants pay gas and electric, while the landlord pays water. Improvements include updated flooring, stainless steel appliances, granite countertops, newer furnaces, hot water tanks, in-unit washers/dryers, fresh paint, replaced doors, porch-step repairs, and 2025 roof silver coating/maintenance. The property also offers rear parking and an electric vehicle charging hookup (120V). With stabilized occupancy, solid rents, and legal 4-unit status, 4040 S. Wabash Ave is a compelling cash-flowing multifamily asset with upside in one of Chicago's most desirable South Side neighborhoods. Photos are of units pre-move-in to better see the features; all units currently occupied with tenants and their furnishings....
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Home facts
- Year built:1888
- Listing ID #:12667630
- Updated:July 22, 2026 at 08:01 AM
Rooms and interior
- Bedrooms:10
- Total bathrooms:7
- Full bathrooms:5
- Half bathrooms:2
- Rooms Total:25
- Basement Description:Finished, Full
Heating and cooling
- Heating:Forced Air, Natural Gas
Structure and exterior
- Year built:1888
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$825,000
- Tax amount:$12,099 (2024)
Features and amenities
- Amenities:Ceiling Fan(s), Intercom
Parking
- Total parking spaces:3
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