$520,000
4121 W Wilcox Street
Chicago, IL, 60624
Welcome to this fantastic investment opportunity with BUILT IN EQUITY in the heart of West Garfield Park – a charming and well-maintained greystone multi-family unit building. Currently configured as a 3-unit dwelling with an unfinished basement (ZONED AS A 4 UNIT), this property holds immense potential for both immediate returns and future development. The third unit has a complete recent remodel with a brand new kitchen, bathroom, refinished hardwood floors. The remaining two units, though perfectly liveable, present an excellent canvas for your personal touch and updating. Each unit features a spacious layout with 3 bedrooms, a comfortable living room, and a dedicated dining room – providing ample space for residents to live and entertain. The generous square footage in each unit ensures a comfortable living environment, making this property an attractive option for potential tenants or buyers. With separate utilities for each unit, the hassle of utility management is minimized, offering convenience and flexibility. Convenience is further enhanced by the inclusion of laundry hook-ups in both the basement and the third-floor unit. This feature adds a valuable amenity for tenants and increases the property’s overall appeal. Step outside, and you’ll find a large backyard – a rare find in multi-family properties. This outdoor space provides a perfect retreat for residents, offering a serene escape in the midst of urban living. Whether you’re an investor seeking immediate rental income or a buyer with a vision for future development, this multi-family greystone is a prime opportunity. Rents could be raised and current tenant is MONTH TO MONTH. Don’t miss your chance to own a piece of real estate that combines history, functionality, and potential for growth. Schedule a viewing and explore the possibilities that this property holds. Listing Agent has interest in LLC that owns the property.
Property Details
Price:
$520,000
MLS #:
MRD11968275
Status:
Active
Beds:
9
Baths:
3
Address:
4121 W Wilcox Street
Type:
Multi Family
City:
Chicago
Listed Date:
Jan 26, 2024
State:
IL
ZIP:
60624
Year Built:
1902
Schools
School District:
299
Elementary School:
Hefferan Elementary School
High School:
Marshall Metropolitan High Schoo
Interior
Heating
Natural Gas
Exterior
Architectural Style
Greystone
Parking Spots
2
Financial
Buyer Agent Compensation
2.25% MINUS 475% of Net Sale Price
Tax Year
2022
Taxes
$1,220
Debra Dobbs is one of Chicago’s top realtors with more than 39 years in the real estate business.
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Courtesy of Taylor Realty Partners LLC. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Chicago, IL. Detailed information about real estate listings held by brokerage firms other than Compass / The Debra Dobbs Group include the name of the listing broker. Neither the listing company nor Compass / The Debra Dobbs Group shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. Chicago, IL. All rights reserved.
4121 W Wilcox Street
Chicago, IL
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