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$ 500,000
$ 725,000 31.0%
Est. payment | /mo
$ 500,000
$ 725,000 31.0%
Est. payment | /mo
Key Details
Sold Price $500,000
Property Type Multi-Family
Sub Type Multi Family 5+
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 12561460
Sold Date 05/27/26
Year Built 1925
Annual Tax Amount $46,331
Tax Year 2023
Lot Dimensions 9016
Property Sub-Type Multi Family 5+
Property Description
12-unit multifamily building located in Chicago's Roseland neighborhood, offering stable cash flow and long-term investment potential. The property features a classic Chicago brick exterior with strong curb appeal and durable construction. The building consists of 12 residential units and includes the valuable benefit of off-street parking, a highly desirable amenity for tenants in the area. Units offer functional layouts with ample natural light, while the property's configuration supports efficient management and operating expenses. Situated on South Wabash Avenue, the property enjoys convenient access to public transportation, major arterial roads, neighborhood retail, schools, and employment centers. The location supports consistent rental demand from area residents seeking affordable housing with easy access to the broader South Side and downtown Chicago.
Location
State IL
County Cook
Area Chi - Roseland
Zoning MULTI
Rooms
Basement Unfinished
Interior
Fireplace N
Building
Structure Type Brick
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Listed by Michael Sims of Sims Commercial Real Estate Inc
Bought with Michael Sims of Sims Commercial Real Estate Inc
Bought with Michael Sims of Sims Commercial Real Estate Inc
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