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5606-5624 S Wabash Ave
Chicago, IL 60637
Multifamily Property For Sale
·
51 Units
Investment Highlights
- Property was gutted and renovated in the early 90’s so all plumbing and electrical systems are relatively new with minimal repair expense
- Large 2 and 3 bedroom apartments and on site laundry are attractive to potential renters
- University of Chicago continues to invest in the immediate area with new building development reflecting the continued neighborhood improvement
- 10 rear porches replaced in early 2024 so no code compliance issues
- Proximity to public transportation (Green line and Red line) and major thoroughfares - Gateway to Universty of Chicago
Property Facts
| No. Units | 51 | Building Size | 49,476 SF |
| Property Type | Multifamily | Average Occupancy | 90% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1933/2017 |
| Building Class | C | Parking Ratio | 0.06/1,000 SF |
| Lot Size | 0.74 AC | ||
| Zoning | RT-4 - Residential Two-Flat, Townhouse and Multi-Unit District | ||
| No. Units | 51 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.74 AC |
| Building Size | 49,476 SF |
| Average Occupancy | 90% |
| No. Stories | 3 |
| Year Built/Renovated | 1933/2017 |
| Parking Ratio | 0.06/1,000 SF |
| Zoning | RT-4 - Residential Two-Flat, Townhouse and Multi-Unit District |
Amenities
Unit Amenities
- Kitchen
- Refrigerator
- Oven
Site Amenities
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 38 | - | 965 |
| 3+1 | 13 | - | 1,080 |
Property Taxes
| Parcel Number | 20-15-107-019-0000 | Improvements Assessment | $268,740 |
| Land Assessment | $112,700 | Total Assessment | $381,440 |
Property Taxes
Parcel Number
20-15-107-019-0000
Land Assessment
$112,700
Improvements Assessment
$268,740
Total Assessment
$381,440
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