Tamika Marks
Trademarks & Associates
(888) 589-1720
261 Total Sales
2 in Grand Boulevard
$239K - $240K Price Range
4040 S Wabash Ave Chicago, IL 60653
Grand Boulevard Neighborhood
10
Beds
7
Baths
--
Sq Ft
3,920
Sq Ft Lot
Highlights
- Intercom
- Forced Air Heating System
- Ceiling Fan
About This Home
As of July 2026Legal 4-unit investment or owner-occupied opportunity in Chicago's Bronzeville area with strong in-place rental income and multiple recent improvements. Currently fully rented but there is the opportunity for owner occupancy in July if desired. Have the majority of your mortgage and housing expenses paid by the other 3 units! The property features a desirable unit mix: one garden 2 bed/1 bath, two 3 bed/1.5 bath units, and one 2 bed/2 bath unit. Tenants pay gas and electric, while the landlord pays water. Improvements include updated flooring, stainless steel appliances, granite countertops, newer furnaces, hot water tanks, in-unit washers/dryers, fresh paint, replaced doors, porch-step repairs, and 2025 roof silver coating/maintenance. The property also offers rear parking and an electric vehicle charging hookup (120V). With stabilized occupancy, solid rents, and legal 4-unit status, 4040 S. Wabash Ave is a compelling cash-flowing multifamily asset with upside in one of Chicago's most desirable South Side neighborhoods. Photos are of units pre-move-in to better see the features; all units currently occupied with tenants and their furnishings.
Last Agent to Sell the Property
Seed Realty LLC License #475201093 Listed on: 06/04/2026
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $12,099
Year Built
- Built in 1888 | Remodeled in 2020
Lot Details
- 3,920 Sq Ft Lot
- Lot Dimensions are 30x125
Home Design
- Brick Exterior Construction
Interior Spaces
- Ceiling Fan
- Intercom
Bedrooms and Bathrooms
- 10 Bedrooms
- 10 Potential Bedrooms
- 7 Bathrooms
Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
Parking
- 3 Parking Spaces
- Parking Available
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
Community Details
Overview
- 4 Units
Building Details
- Insurance Expense $6,000
- Maintenance Expense $6,000
- Water Sewer Expense $3,000
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 26, 2019
Closed on
Nov 27, 2019
Sold by
Bought by
Seller's Agent
Rajah Redmond
Real People Realty
Buyer's Agent
Henry Lazerow
Fulton Grace Realty
List Price
$459,900
Sold Price
$495,000
Premium/Discount to List
$35,100
7.63%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$486,034
Outstanding Balance
$420,554
Interest Rate
3.75%
Mortgage Type
FHA
Purchase Details
Listed on
Mar 9, 2015
Closed on
Jul 27, 2015
Sold by
Bought by
Seller's Agent
Brant Booker
Jameson Sotheby's Intl Realty
Buyer's Agent
Rajah Redmond
Real People Realty
List Price
$254,000
Sold Price
$270,000
Premium/Discount to List
$16,000
6.3%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.03%
Original Mortgage
$299,286
Interest Rate
4.75%
Mortgage Type
FHA
Purchase Details
Closed on
Feb 21, 2014
Sold by
Bought by
Purchase Details
Closed on
Jan 11, 1999
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,630
Interest Rate
6.76%
Mortgage Type
FHA
Purchase Details
Closed on
Jul 16, 1997
Sold by
Bought by
Purchase Details
Closed on
Apr 7, 1995
Sold by
Bought by
Purchase Details
Closed on
May 18, 1994
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Grand Boulevard, IL
-
Tamika Marks
-
Katrina de los Reyes
Katrina de los Reyes
Berkshire Hathaway HomeServices Chicago
(630) 580-0919
284 Total Sales
1 in Grand Boulevard
$625,000 Price
-
Ken Jungwirth
Ken Jungwirth
Responds Quickly@properties Christie's International Real Estate
(773) 917-1081
177 Total Sales
1 in Grand Boulevard
$600,000 Price
-
Tom Campone
Tom Campone
Responds QuicklyKeller Williams ONEChicago
(725) 228-7482
198 Total Sales
2 in Grand Boulevard
$520K - $665K Price Range
-
Steve Nasralla
Steve Nasralla
Responds QuicklyCompass
(708) 905-4974
197 Total Sales
1 in Grand Boulevard
$160,000 Price
-
Ruben Camacho
Ruben Camacho
Kale Realty
(844) 770-1569
115 Total Sales
1 in Grand Boulevard
$553,500 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $495,000 | Old Republic Natl Ttl Ins Co | |
| Special Warranty Deed | $270,000 | Attorneys Title Guaranty Fun | |
| Sheriffs Deed | -- | None Available | |
| Warranty Deed | $205,000 | Professional National Title | |
| Quit Claim Deed | -- | Chicago Title Insurance Co | |
| Quit Claim Deed | -- | -- | |
| Warranty Deed | $8,500 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $486,034 | FHA | |
| Previous Owner | $299,286 | FHA | |
| Previous Owner | $203,630 | FHA |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/09/2026 07/09/26 | Sold | $825,000 | +5.9% | -- | |
| 06/09/2026 06/09/26 | Pending | -- | -- | -- | |
| 06/04/2026 06/04/26 | For Sale | $779,000 | +57.4% | -- | |
| 11/27/2019 11/27/19 | Sold | $495,000 | +7.6% | -- | View Prior Sale |
| 10/04/2019 10/04/19 | Pending | -- | -- | -- | |
| 09/26/2019 09/26/19 | For Sale | $459,900 | +70.3% | -- | |
| 07/29/2015 07/29/15 | Sold | $270,000 | +6.3% | -- | View Prior Sale |
| 07/17/2015 07/17/15 | Pending | -- | -- | -- | |
| 06/30/2015 06/30/15 | For Sale | $254,000 | 0.0% | -- | |
| 04/05/2015 04/05/15 | Pending | -- | -- | -- | |
| 03/31/2015 03/31/15 | For Sale | $254,000 | 0.0% | -- | |
| 03/30/2015 03/30/15 | Pending | -- | -- | -- | |
| 03/18/2015 03/18/15 | Price Changed | $254,000 | 0.0% | -- | |
| 03/18/2015 03/18/15 | For Sale | $254,000 | -5.9% | -- | |
| 03/10/2015 03/10/15 | Off Market | $270,000 | -- | -- | |
| 03/09/2015 03/09/15 | For Sale | $259,900 | -- | -- |
Source: Midwest Real Estate Data (MRED)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $6,985 | $60,001 | $14,088 | $45,913 |
| 2024 | $6,985 | $60,001 | $14,088 | $45,913 |
| 2023 | $6,809 | $33,001 | $14,088 | $18,913 |
| 2022 | $6,809 | $33,001 | $14,088 | $18,913 |
| 2021 | $6,656 | $32,999 | $14,087 | $18,912 |
| 2020 | $6,703 | $30,088 | $6,842 | $23,246 |
| 2019 | $6,180 | $34,191 | $6,842 | $27,349 |
| 2018 | $6,075 | $34,191 | $6,842 | $27,349 |
| 2017 | $5,209 | $27,574 | $5,635 | $21,939 |
| 2016 | $5,023 | $27,574 | $5,635 | $21,939 |
| 2015 | $4,572 | $27,574 | $5,635 | $21,939 |
| 2014 | $3,776 | $22,921 | $4,830 | $18,091 |
| 2013 | $3,691 | $22,921 | $4,830 | $18,091 |
Source: Public Records
Agents Affiliated with this Home
-
Steven Wear
S
Seller's Agent in 2026
Steven Wear
Seed Realty LLC
(847) 666-8885
2 in this area
9 Total Sales
-
Chirag Thakkar
C
Seller Co-Listing Agent in 2026
Chirag Thakkar
Seed Realty LLC
(847) 529-3804
2 in this area
60 Total Sales
-
Tina Hollins
Buyer's Agent in 2026
Tina Hollins
Coldwell Banker Realty
(773) 999-0097
8 in this area
146 Total Sales
-
Rajah Redmond
Seller's Agent in 2019
Rajah Redmond
Real People Realty
(708) 415-1452
1 in this area
45 Total Sales
-
Henry Lazerow
Buyer's Agent in 2019
Henry Lazerow
Fulton Grace
(773) 698-6648
48 Total Sales
-
Brant Booker
Seller's Agent in 2015
Brant Booker
Jameson Sotheby's Intl Realty
(773) 490-1862
47 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12667630
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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