8342 S Wabash Ave Chicago, IL 60619
Chatham NeighborhoodEstimated payment $2,163/month
About This Home
Investor Opportunity! Welcome to 8342 S Wabash Ave, a well-maintained, income-producing property located on a quiet, stable block in Chicago's sought-after Chatham community. Fully occupied with tenants, this property offers cash flow opportunity and strong long-term rental upside. The property features a spacious layout with updated interiors, including modern flooring, refreshed kitchens and baths, and well-kept mechanicals - minimizing hassle and future maintenance costs. Outside, the property includes a private backyard and a detached garage, adding convenience and desirability for tenants. Located near public transportation, major roadways, shopping, and everyday conveniences, this location maintains consistent rental demand. Whether you're building your portfolio or seeking an asset that can potentially be a strong-performing one with dependable occupancy and plenty of room for appreciation. SOLD AS-IS.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,123
Year Built
- Built in 1923
Lot Details
- Lot Dimensions are 25 x 120
Parking
- 2 Car Detached Garage
- Parking Available
- Garage Door Opener
Home Design
- Flat Roof Shape
- Brick Exterior Construction
- Concrete Perimeter Foundation
Interior Spaces
- Ceiling Fan
- Unfinished Basement
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 5 Bedrooms
- 5 Potential Bedrooms
- 3 Bathrooms
Utilities
- Heating System Uses Natural Gas
- Lake Michigan Water
Community Details
- 2 Units
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| 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 | $25,501 | $3,623 | $21,878 |
| 2024 | $4,853 | $25,501 | $3,623 | $21,878 |
| 2023 | $4,731 | $23,000 | $4,830 | $18,170 |
| 2022 | $4,731 | $23,000 | $4,830 | $18,170 |
| 2021 | $4,625 | $23,000 | $4,830 | $18,170 |
| 2020 | $3,024 | $13,574 | $3,864 | $9,710 |
| 2019 | $3,099 | $15,426 | $3,864 | $11,562 |
| 2018 | $3,047 | $15,426 | $3,864 | $11,562 |
| 2017 | $3,846 | $17,865 | $3,381 | $14,484 |
| 2016 | $3,578 | $17,865 | $3,381 | $14,484 |
| 2015 | $3,589 | $19,588 | $3,381 | $16,207 |
| 2014 | $2,853 | $15,376 | $2,898 | $12,478 |
| 2013 | $2,796 | $15,376 | $2,898 | $12,478 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/05/2025 12/05/25 | For Sale | $330,000 | -- | -- |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12526998
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Based on information submitted to the MLS GRID. 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.
Based on information submitted to the MLS GRID
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Ask me questions while you tour the home.