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Listed by Jennifer Bustilloof Compass
$ 575,000
Est. payment | /mo
12 Beds
$ 575,000
Est. payment | /mo
12 Beds
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12499792
Bedrooms 12
Year Built 1894
Annual Tax Amount $3,743
Tax Year 2023
Lot Dimensions 25X125
Property Sub-Type Two to Four Units
Property Description
Exciting Investment Opportunity in Washington Park/ Hyde Park - 4-Unit Building at 5813 S Wabash. Unlock the potential of this partially renovated 4-unit property in one of Chicago's fastest-growing neighborhoods! Located on a quiet, tree-lined block, this property is already well underway with a thoughtful rehab-perfect for an investor or developer looking to step in and complete a high-value project. The property features pre-paid electrical service for the 1st floor and rough electrical work completed in the basement. HVAC systems are installed on all floors, with the 2nd and 3rd floors ready for final installation once new windows are in place. Framing is nearly complete throughout, and insulation materials are already on site. Masonry work for window and door openings has been finished, along with framing for the basement and 1st-floor exterior walls. Windows installed on the third floor and partial windows installed on the second and third floor. Insulation installed throughout. Drywall installed in the utility room and bathroom. Much of the heavy lifting has been done-finish the project your way and capture the upside in this thriving area surrounded by new construction, transportation, and major redevelopment. A true opportunity to create lasting value in a vibrant South Side community!
Location
State IL
County Cook
Rooms
Basement Unfinished, Full
Interior
Heating None
Fireplace N
Exterior
View Y/N true
Building
Sewer Public Sewer
Water Lake Michigan
Structure Type Brick
New Construction false
Schools
School District 299, 299, 299
Others
Ownership Fee Simple
Special Listing Condition None
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2600 S. Michigan Avenue, Suite 102, Chicago, IL, 60616, United States