Kiser Group is pleased to exclusively offer for purchase 6957 S. Wabash, a nineteen (19) unit apartment building
located in the Grand Crossing neighborhood of Chicago’s South Side. Sitting just north of Chatham, 6957 S. Wabash is
located on a quiet block of Park Mano roughly 2 blocks away from Chicago’s Red Line “El” train station at 69th
and the Dan Ryan Expressway.
6957 S. Wabash is comprised of sixteen (16) 2Bd/1Ba units and three (3) 3Bd/1Ba units. Each unit boasts an open and
spacious layout consisting of hardwood floors, large separate living rooms, and individually furnaced apartments. Recent improvements to the building consist of, but not limited to: newer (2019) hot water heater, a 1200 amp electric service, in unit washer/ dryer, and stainless steel appliances.
6957 S. Wabash presents an investor an incredible opportunity to acquire a stabilized, cash flowing asset in
Chicago’s Grand Crossing neighborhood. With the current operation from day one, an investor will realize over a 9% cap rate and a 13.5% cash return.