1702 N Wolcott Avenue
Chicago, IL, 60622
$1,295,000
8 Beds
4 Baths
SqFt
0 Acres
$1,295,000
1702 N Wolcott Avenue
Chicago, IL, 60622
MLS #MRD11684971 img 0MLS #MRD11684971 img 1MLS #MRD11684971 img 2MLS #MRD11684971 img 3MLS #MRD11684971 img 4MLS #MRD11684971 img 5MLS #MRD11684971 img 6MLS #MRD11684971 img 7MLS #MRD11684971 img 8MLS #MRD11684971 img 9MLS #MRD11684971 img 10MLS #MRD11684971 img 11MLS #MRD11684971 img 12MLS #MRD11684971 img 13MLS #MRD11684971 img 14MLS #MRD11684971 img 15MLS #MRD11684971 img 16MLS #MRD11684971 img 17MLS #MRD11684971 img 18MLS #MRD11684971 img 19MLS #MRD11684971 img 20MLS #MRD11684971 img 21MLS #MRD11684971 img 22MLS #MRD11684971 img 23MLS #MRD11684971 img 24MLS #MRD11684971 img 25MLS #MRD11684971 img 26MLS #MRD11684971 img 27MLS #MRD11684971 img 28MLS #MRD11684971 img 29MLS #MRD11684971 img 30MLS #MRD11684971 img 31MLS #MRD11684971 img 32MLS #MRD11684971 img 33MLS #MRD11684971 img 34MLS #MRD11684971 img 35MLS #MRD11684971 img 36MLS #MRD11684971 img 37MLS #MRD11684971 img 38MLS #MRD11684971 img 39MLS #MRD11684971 img 40MLS #MRD11684971 img 41MLS #MRD11684971 img 42MLS #MRD11684971 img 43MLS #MRD11684971 img 44MLS #MRD11684971 img 45MLS #MRD11684971 img 46MLS #MRD11684971 img 47MLS #MRD11684971 img 48MLS #MRD11684971 img 49MLS #MRD11684971 img 50MLS #MRD11684971 img 51MLS #MRD11684971 img 52MLS #MRD11684971 img 53MLS #MRD11684971 img 54MLS #MRD11684971 img 55
Fully leased TURNKEY 4 unit corner brick building in the absolute heart of Bucktown. Situated on the premier residential block of Wabansia, two blocks from the Damen blue line stop, three blocks from 94, the 606 trail, and all of the restaurants Wicker/Bucktown has to offer. Surrounded by multi million dollar houses, the potential for adding value through unit renovations is significant. The building is currently configured as five apartments. Each unit features two (2) bedrooms and one (1) bathroom. The fifth non- conforming unit was built out 3 years ago and features stainless steel appliances, designer-grade finishes, central air and washer/dryer in unit, and a private entrance, allowing it to be utilized as an Airbnb in a top notch tourist destination. Additionally the building offers on-site laundry in basement, the roof was re-done in 2016, bathrooms and kitchen both gutted and remodeled within the past 10 years. 1702 N Wolcott is a rare opportunity to own a corner building in a prime Bucktown location with an endless choice of trendy restaurants, local bars and entertainment options just steps away. This property provides an excellent opportunity for a new operator to cash-flow as is, or make renovations that would significantly increase the value of the property.

Property Details

Price:
$1,295,000 / $1,150,000
MLS #:
MRD11684971
Status:
Closed ((Mar 6, 2023))
Beds:
8
Baths:
4
Address:
1702 N Wolcott Avenue
Type:
Multi Family
City:
Chicago
Listed Date:
Dec 8, 2022
State:
IL
ZIP:
60622
Year Built:
1930

Schools

School District:
299

Interior

Heating
Natural Gas

Exterior

Roof
Flat

Financial

Buyer Agent Compensation
2.5% – $350% of Net Sale Price
Net Operating Income
$68,978
Tax Year
2020
Taxes
$14,295
Need more info?
Ask a Question
Ready to go see it?
Schedule a Showing

Debra Dobbs is one of Chicago’s top realtors with more than 39 years in the real estate business.

More About Debra

Mortgage Calculator

 

Map

Similar Listings Nearby

1702 N Wolcott Avenue
Chicago, IL