$160,000
7505 S Wolcott Avenue
Chicago, IL, 60620
Incredible opportunity to own a 5 BEDROOM, 4 BATHROOM home with over 3,000 SQ FT of potential living space on a GREAT BLOCK – all for a FRACTION OF THE ARV. Perfect for INVESTORS or FHA 203K HOMEBUYERS, this renovation project offers the ideal canvas to create your dream home or a high-return flip. Highlights include a desirable OPEN-CONCEPT LAYOUT, FIRST-FLOOR BEDROOM AND FULL BATH, a spacious PRIMARY SUITE WITH ENSUITE BATH AND WALK-IN CLOSET, and a finished BASEMENT WITH FAMILY ROOM, BEDROOM, AND LAUNDRY ROOM. Enjoy an ENCLOSED BACK PORCH and an existing 2-CAR GARAGE. Best of all, PLANS TRANSFER WITH THE SALE, saving you time and money. Recent COMPS IN THE AREA SOLD FOR $440K IN MAY 2025, proving the strong resale value. With solid structure and major potential, this is a smart buy in a thriving neighborhood.
Property Details
Price:
$160,000
MLS #:
MRD12379720
Status:
Active Under Contract
Beds:
5
Baths:
4
Address:
7505 S Wolcott Avenue
Type:
Single Family
Neighborhood:
CHI – Auburn Gresham
City:
Chicago
Listed Date:
May 30, 2025
State:
IL
Finished Sq Ft:
3,300
ZIP:
60620
Year Built:
1926
Schools
School District:
299
Interior
Bathrooms
4 Full Bathrooms
Cooling
None
Heating
Natural Gas
Exterior
Community Features
Park, Curbs, Gated, Sidewalks, Street Lights, Street Paved
Construction Materials
Brick
Exterior Features
Balcony
Other Structures
Garage(s)
Parking Features
On Site, Garage Owned, Detached, Garage
Parking Spots
2
Financial
HOA Frequency
Not Applicable
HOA Includes
None
Tax Year
2023
Taxes
$1,477
Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.
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7505 S Wolcott Avenue
Chicago, IL
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