Seller's Agent in 2025
Mauro Lopez
Century 21 Circle - Aurora
(630) 853-2153
1 in this area
95 Total Sales
7708 S Wabash Ave Chicago, IL 60619
Park Manor Neighborhood
--
Bed
6
Baths
5,508
Sq Ft
8,010
Sq Ft Lot
About This Home
As of December 2025Exceptional opportunity to own a well-maintained 6-unit building in the desirable Chatham neighborhood of Chicago. This solid masonry property has been kept up-to-date with city requirements, making it a true turnkey investment. Each unit features separate meters and utilities, keeping operating costs in check and providing added value for investors. The building is fully leased and income-producing, offering a strong cap rate and steady cash flow. In addition, on-site coin-operated laundry machines provide extra income potential. Outside, the property boasts a large backyard perfect for tenant enjoyment, along with a rare 3-car garage, adding valuable parking and storage options. Conveniently located near public transit, shopping, parks, and schools, this is a prime neighborhood investment with long-term upside. Whether you're looking to expand your portfolio or secure your first multi-family, this property checks all the boxes for stability, income, and growth potential.
Last Agent to Sell the Property
Century 21 Circle - Aurora License #475167452 Listed on: 09/27/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,338
Year Built
- Built in 1927
Lot Details
- 8,010 Sq Ft Lot
- Lot Dimensions are 50 x 160.2
Parking
- 6 to 12 Parking Spaces
Home Design
- Flat Roof Shape
- Brick Foundation
- Stone Siding
Interior Spaces
- 2-Story Property
- Unfinished Basement
Utilities
- Central Heating
- Radiator
- Separate Meters
Listing and Financial Details
- Tenant pays for electricity
Community Details
Overview
- 6 Units
Building Details
- Electric Expense $1,146
- Fuel Expense $3,449
- Insurance Expense $4,200
- Maintenance Expense $2,200
- Trash Expense $2,880
- Water Sewer Expense $1,912
- Operating Expense $21,087
- Gross Income $73,740
- Net Operating Income $55,653
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 27, 2025
Closed on
Dec 1, 2025
Sold by
Bought by
Seller's Agent
Mauro Lopez
Century 21 Circle - Aurora
Buyer's Agent
Tabren Smith
EXIT Strategy Realty
List Price
$525,000
Sold Price
$500,000
Premium/Discount to List
-$25,000
-4.76%
Views
20
Purchase Details
Closed on
Mar 30, 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
$180,000
Interest Rate
0.0715%
Mortgage Type
Commercial
Purchase Details
Closed on
Aug 27, 1998
Sold by
Bought by
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Home Values in the Area
Average Home Value in this Area
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $500,000 | First American Title | ||
| $225,000 | -- | ||
| $167,350 | Professional National Title |
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 | Borrower | Loan Amount |
|---|---|---|---|
| Closed | $180,000 |
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 |
|---|---|---|---|---|
| 12/29/2025 12/29/25 | Sold | $500,000 | 0.0% | $91 / Sq Ft |
| 11/25/2025 11/25/25 | Off Market | $500,000 | -- | -- |
| 10/15/2025 10/15/25 | Pending | -- | -- | -- |
| 09/27/2025 09/27/25 | For Sale | $525,000 | -- | $95 / Sq Ft |
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 | $4,853 | $37,901 | $6,038 | $31,863 |
| 2024 | $4,853 | $37,901 | $6,038 | $31,863 |
| 2023 | $4,731 | $23,000 | $8,050 | $14,950 |
| 2022 | $4,731 | $23,000 | $8,050 | $14,950 |
| 2021 | $4,625 | $23,000 | $8,050 | $14,950 |
| 2020 | $3,726 | $16,727 | $6,440 | $10,287 |
| 2019 | $3,819 | $19,008 | $6,440 | $12,568 |
| 2018 | $3,755 | $19,008 | $6,440 | $12,568 |
| 2017 | $6,187 | $28,741 | $5,635 | $23,106 |
| 2016 | $5,757 | $28,741 | $5,635 | $23,106 |
| 2015 | $5,267 | $28,741 | $5,635 | $23,106 |
| 2014 | $4,500 | $26,820 | $4,830 | $21,990 |
| 2013 | $4,400 | $26,820 | $4,830 | $21,990 |
Source: Public Records
Agents Affiliated with this Home
-
Mauro Lopez
-
Diane Simmons
Seller Co-Listing Agent in 2025
Diane Simmons
Century 21 Circle
(630) 369-2000
1 in this area
15 Total Sales
-
Tabren Smith
T
Buyer's Agent in 2025
Tabren Smith
EXIT Strategy Realty
(872) 324-3061
1 in this area
65 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12482349
APN: 20273120150000
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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