$795,000
6118 N Wolcott Avenue
Chicago, IL, 60660
Located in the North ADU Zone, come check out this recently updated legal 2-unit plus (1) non-conforming unit just steps away from the incoming Peterson & Ridge Metra Station! The property features updated bathrooms, new stainless steel appliances, in-unit HVAC, a 2-car garage, & one surface parking spot. The unit mix consists of (1) 2br/1ba, (1) 3br/1ba, & (1) non-conforming 1br/1ba garden unit. Property to be delivered vacant but is rent ready, making it the perfect opportunity for an owner-user or investor! Proforma rents of $2,300/mo for 3br, $2,000/mo for 2br, and $1,400/mo for GDN 1br – all including one parking space. This totals over $68k in annual gross rents that can be captured immediately!
Property Details
Price:
$795,000 / $765,000
MLS #:
MRD11989578
Status:
Closed ((Apr 17, 2024))
Beds:
6
Baths:
3
Address:
6118 N Wolcott Avenue
Type:
Multi Family
City:
Chicago
Listed Date:
Feb 26, 2024
State:
IL
ZIP:
60660
Year Built:
1909
Schools
School District:
130
Interior
Heating
Natural Gas, Forced Air, Space Heater
Exterior
Parking Spots
3
Financial
Buyer Agent Compensation
2.5%% of Net Sale Price
Tax Year
2022
Taxes
$7,729
Debra Dobbs is one of Chicago’s top realtors with more than 39 years in the real estate business.
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