Investor Opportunity! Welcome to 8342 S Wabash Ave, a well-maintained, income-producing property located on a quiet, stable block in Chicago's sought-after Chatham community. Fully occupied with tenants, this property offers cash flow opportunity and strong long-term rental upside. The property features a spacious layout with updated interiors, including modern flooring, refreshed kitchens and baths, and well-kept mechanicals - minimizing hassle and future maintenance costs. Outside, the property includes a private backyard and a detached garage, adding convenience and desirability for tenants. Located near public transportation, major roadways, shopping, and everyday conveniences, this location maintains consistent rental demand. Whether you're building your portfolio or seeking an asset that can potentially be a strong-performing one with dependable occupancy and plenty of room for appreciation. SOLD AS-IS.
— the listing agent’s description
The home
5 beds
3 baths
Built in 1923
Lot 25 X 120
2-car garage
Two to Four Units
What it’ll cost
$5,123 taxes / yr
No HOA
193 days on dwello
Estimated monthly payment
$2,278/mo
Principal & interest$1,755
Property taxes$427
Homeowners insurance$96
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Estimate only — not a loan offer. Example rate; taxes and insurance estimated; your actual rate, payment, taxes, and insurance will vary. dwello is not a lender. Equal Housing Opportunity.
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On our team, vettedYour info is never soldWith you through closing
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Assessed value from the Cook County Assessor (open records). Estimated market ≈ assessed × 10 for residential; not an appraisal — verify with the assessor.