7401 S Wabash Ave
Chicago, IL 60619
7401-05 S. Wabash Chicago IL. 60619 · Multifamily Property For Sale · 12 Units

3Five Chicago is offering this once in a lifetime investment opportunity in the Park Manor Neighborhood of Chicago. All twelve condo quality units have been completely gut renovated including, building mechanicals and common areas with permits and certificate of occupancy granted by the City of Chicago. The property is currently fully tenanted and has consistent cash flow month over month with an amazing tenant base. This is a true turn-key property that is unrivaled by anything else on the market. Properties listed at a 10% cap require future capital improvements, this investment does not. 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 turn-key asset has professional management in place and can remain in place after the sale. The Park Manor Neighborhood is one of Chicago's oldest and most influential areas of the city. It is comprised of single-family homes and well-maintained multi-family properties making it a diverse and attractive neighborhood to live in. This large corner property is located blocks away from local shopping, public transportation, and the Dan Ryan Expressway. Property Highlights Include; Fully Gut Renovated Large Units New Building Mechanicals throughout including Framing, HVAC, Insulation, Electrical, Plumbing, Roof, and Masonry Separate Utilities New Kitchens, Baths and Fixtures Chosen by our Design Staff New Coin Operated Machines in Laundry Room in Building 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 New Landscaping New Fencing and Sidewalks