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4040 S Wabash Avenue, Chicago, IL 60653

Chicago
Local realty services provided by:CENTURY 21 New Heritage
4040 S Wabash Avenue,Chicago, IL 60653
$779,000
  • 10 Beds
  • 7 Baths
  • - sq. ft.
  • Multi-family
  • Pending
Listed by: steven wear
Office: seed realty llc.
MLS#:12667630
Source:MLSNI

Price summary

  • Price:$779,000

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, currently generating $6,775/month or $81,300/year in gross scheduled rent. 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...

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Home facts

  • Year built:1888
  • Listing ID #:12667630
  • Updated:June 11, 2026 at 08:26 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
  • Lot area:0.09 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$779,000
  • Tax amount:$12,099 (2024)

Features and amenities

  • Amenities:Ceiling Fan(s), Intercom

Parking

  • Total parking spaces:3
MLS LogoCopyright 2026 Midwest Real Estate Data LLC. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Midwest Real Estate Data LLC. Listing information is deemed reliable but not guaranteed. MLSNI Member Broker: Lisa Rossow

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