Listed by Keller Williams ONEChicago
$699,900
3819 S Wabash Avenue
Details
APN 17343220150000
Property Type Multifamily
Sub Type Apartment Building
NOI $74,400
Year Built 1888
Zoning MULTI
Multifamily
Marketing description
Well-maintained legal 4-unit in the heart of Historic Bronzeville, offering strong in-place cash flow with clear value-add upside. The building features an ideal mix of a spacious 3BR/1BA, a large 4BR/2BA, and two comfortable 1BR/1BA units. Several offer updated kitchens and baths showcasing quartz counters, stainless steel appliances, and hardwood/vinyl flooring, plus in-unit laundry in both larger units. Currently fully occupied, offering dependable in-place cash flow with room to grow rents over time. Ideal for an investor seeking steady returns or a house-hacker looking to live in one unit. Major systems are well maintained, including a main sewer line replaced in 2025, west-facing windows replaced in 2021, and multiple furnaces replaced in 2024. Added value comes from a coin-op laundry room, large unfinished basement with expansion potential, rear deck, and 2 off-street parking spots. Bronzeville's continued development drives appreciation and rent growth, with an unbeatable location minutes from Rate Field (home of the White Sox), Lake Shore Drive, IIT, Mariano's, and CTA transit. A turnkey investment built for buyers who lead with the numbers.
Listing Contacts
Listed by Keller Williams ONEChicago
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$74,400.00
$6,200.00/mo
Valuation Metrics
0
DSCR
10.63%
Cap Rate
10.63%
ROI
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