6813 S Wabash Avenue

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6813 S Wabash Avenue

Chicago, IL 60637
Asking Price
Contact for price
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Multifamily apartment building located in Chicago, Illinois.
  • Property situated at the 6813 S Wabash Avenue address.
  • Residential asset positioned within the 60637 zip code.
  • Well-suited for investors targeting the Chicago housing market.

What's Special

This multifamily apartment building is situated at 6813 S Wabash Avenue in Chicago, Illinois. Positioned within the 60637 zip code, the property serves as a residential asset in a key urban submarket of the city. Chicago maintains a diverse and robust real estate economy, supported by its extensive transportation infrastructure and a deep pool of tenants seeking rental options across various neighborhoods. An apartment building of this nature provides functional value for investors looking to expand their residential portfolio within a major metropolitan landscape. The location offers proximity to the central city, providing residents with access to local services and regional transit corridors. This property is well-suited for long-term hold strategies or repositioning efforts within the competitive Chicago multifamily sector.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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