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$330,000
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Property Description
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.
Full Property Details
Full Property Details for 8342 S Wabash Ave
General
- Price: $330,000
- Taxes: $5,123 (2024)
- Status: Active
- Type: Multi-Family
- Source: MRED
- MLS ID: 12526998
- Updated: 12/30/2025
- Added to Site: 42 day(s) ago
Interior
- Basement: Unfinished
Rooms
Bathrooms
- Total Bathrooms: 3
- Upper - Full Baths: 3
Bedrooms
- Total Bedrooms: 5
Additional Information
- Equipment: Ceiling Fan(s)
Parking
- Garage: Yes
- Garage Spaces: 2
- Total Spaces: 2
- Parking Features: Garage Door Opener, Yes, Garage Owned, Detached, Garage
Location
- Area: CHI - Chatham
- County: Cook
- Township: South Chicago
- Driving Directions: 83rd Street to Wabash; south to address
School Information
- School District: 299
- Elem School District: 299
- Midd School District: 299
- High School District: 299
Heating & Cooling
- Heating Type: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Lake Michigan
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Basement: Yes
- Basement Desc.: Unfinished, Full
- Foundation: Concrete Perimeter
- Roof: Flat
- Year Built: 1923
- Built Before 1978: Yes
Unit Information
- Units in Building: 2
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 25 x 120
Financial Considerations
- Assessment Year: 1923
- Tax Amount: $5,123.34
- Tax Year: 2024
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 20343000390000
Listed by Baird & Warner
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Schools
Schools serving 8342 S Wabash Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Neil Elementary School 8555 South Michigan Avenue, Chicago, IL 60619 | PK-8 | 0.3 mi |
Harlan Community Academy High School 9652 South Michigan Avenue, Chicago, IL 60628 | 9-12 | 1.7 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 8342 S Wabash Ave
Date
Details
Price
Change
Source
12/05/2025
Listed
$330,000
83.33%
MLS
5/15/2023
Sold
$180,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 8342 S Wabash Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$4,853
3%
$23,000
—
2022
$4,731
2%
$23,000
—
2021
$4,625
53%
$23,000
69%
2020
$3,024
-2%
$13,574
-12%
2019
$3,099
2%
$15,426
—
2018
$3,047
-47%
$15,426
-14%
2017
$5,724
60%
$17,865
—
2016
$3,578
—
$17,865
-9%
2015
$3,589
26%
$19,588
27%
2014
$2,853
2%
$15,376
—
2013
$2,796
1%
$15,376
—
2012
$2,759
—
$15,376
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 8342 S Wabash Ave
8342 S Wabash Avenue, Chicago, IL 60619 (MLS# 12526998) is a Multi-Family property with 2 units containing 5 bedrooms and 0 full bathrooms. 8342 S Wabash Avenue is currently listed for $330,000 and was received on December 05, 2025. Want to learn more about 8342 S Wabash Avenue? Do you have questions about finding other Multi-Family real estate for sale in Chatham? You can browse all Chatham real estate or contact a Coldwell Banker agent to request more information.

