ClosedPrice Reduced

$1,575,000

$1,685,000
7401 Wabash Avenue, Chicago, IL 60619
533 days
7401 Wabash Avenue·Chicago, IL 60619
1929Year Built
About This Home

Great investment opportunity in the Park Manor Neighborhood. All twelve (12) condo quality units have been completely gut renovated including, building mechanicals and common areas. The property is currently fully tenanted and has consistent cash flow month over month with an amazing tenant base. This is for serious long-term investors that understand the value in quality construction and asset stability. Buildings of this quality and location are extremely rare and are positioned for lifelong investors looking for consistency and financial stability. This large corner property is located blocks away from local shopping and public transportation. Property Highlights Include: Fully gut renovated large units, new building mechanicals throughout including framing, HVAC, insulation, electrical, plumbing, roof, and masonry. Separate utilities. New coin operated machines in laundry room. New plumbing throughout including water main and underground plumbing system. New vinyl windows/capping. New hardwood floors throughout. Sold with all new stainless-steel appliances. New 600-amp electrical service. Fully renovated common areas, fencing and sidewalks.

MLS# 10579193Listed November 21, 2019Commercial Sale
Property Details

Beds & Baths

Size & Structure

Year Built1929
Lot Size10787

Location

CountyCook
TownshipHyde Park
Zip Code60619

Financial

List Price$1,575,000
Original Price$1,685,000
Annual Taxes (2018)$11,050
Monthly Tax Est.$921
Parcel #20271190290000
Interior Features

Cooling

None

Basement

UnfinishedExterior Entry
Exterior & Lot

Construction

Brick

Foundation

Concrete Perimeter
Utilities & Parking

Electric

Over 600 Amps
Tax & Financial
Annual Taxes
$11,050
Tax Year 2018
Monthly Tax Est.
$921
per month
Price Reduced by $110,000
Original list price: $1,685,000
Property Location

7401 Wabash Avenue, Chicago, IL 60619Cook County

$1,575,000
7401 Wabash Avenue
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
533 days on market
10787
$11,050/yr taxes
Price reduced $110,000
$9,198
estimated monthly payment
Principal & Interest
$8,277/mo
Property Tax
$921/mo
$1,575,000
20% — $315,000
3%50%
6.875%
3%12%
Loan Amount
$1,260,000
Down Payment
$315,000

* Estimated payment only. Actual rates, taxes, and insurance may vary. Contact a lender for a personalized quote.

Listed by
Halsted Taylor Real Estate
Agent: Anthony Golob
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Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

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