$499,000
$575,000Exciting Investment Opportunity in Washington Park/ Hyde Park - 4-Unit Building at 5813 S Wabash. Unlock the potential of this partially renovated 4-unit property in one of Chicago's fastest-growing neighborhoods! Located on a quiet, tree-lined block, this property is already well underway with a thoughtful rehab-perfect for an investor or developer looking to step in and complete a high-value project. The property features pre-paid electrical service for the 1st floor and rough electrical work completed in the basement. HVAC systems are installed on all floors, with the 2nd and 3rd floors ready for final installation once new windows are in place. Framing is nearly complete throughout, and insulation materials are already on site. Masonry work for window and door openings has been finished, along with framing for the basement and 1st-floor exterior walls. Windows installed on the third floor and partial windows installed on the second and third floor. Insulation installed throughout. Drywall installed in the utility room and bathroom. Much of the heavy lifting has been done-finish the project your way and capture the upside in this thriving area surrounded by new construction, transportation, and major redevelopment. A true opportunity to create lasting value in a vibrant South Side community! PERMITS APPROVED!
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5813 Wabash Avenue, Chicago, IL 60637 — Cook County
IL License 475.178467 · (847) 810-8438
* Estimated payment only. Actual rates, taxes, and insurance may vary. Contact a lender for a personalized quote.
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