7401 S Wabash Avenue , Chicago, IL 60619

Property Description

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.

Property Features