7841 S Wolcott Avenue
Chicago, IL, 60620
$465,000
9 Beds
4 Baths
0 SqFt
0.08 Acres
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$465,000
7841 S Wolcott Avenue
Chicago, IL, 60620
MLS #MRD12728571 image #0
Spacious brick three-flat offering three 3-bedroom apartments, a partially finished basement with an additional bathroom and a 3-car detached garage. Two units are currently occupied, while the vacant third-floor apartment provides an excellent opportunity for an owner-occupant or investor seeking additional rental income. Numerous capital improvements have been completed, including replacement of the original boiler with three individual gas forced-air furnaces, upgraded electrical wiring, extensive plumbing improvements featuring copper supply lines with individual unit shutoff valves, a newer 75-gallon hot-water tank and separate gas and electric meters for each apartment. A fourth gas meter serves the building’s common utilities. Additional updates include vinyl flooring throughout all three apartments, newer windows throughout much of the building, recent roof maintenance, garage repairs and a replaced main water shutoff valve. Each apartment features three bedrooms with separate living and dining rooms. The partially finished basement provides additional storage and utility space. With spacious units, separate mechanical systems and meaningful infrastructure improvements already completed, this property offers flexibility for owner-occupants and investors alike. Schedule your private tour today.

Property Details

Price:
$465,000
MLS #:
MRD12728571
Status:
Active
Beds:
9
Baths:
4
Type:
Multi Family
Neighborhood:
chiauburngresham
Listed Date:
Aug 19, 2026
Year Built:
1932
Chi – Auburn GreshamChiauburngreshamBarton Elementary SchoolBarton Elementary SchoolBogan High School

Schools

School District:
299
Elementary School:
Barton Elementary School
Middle School:
Barton Elementary School
High School:
Bogan High School

Interior

Heating
Natural Gas

Exterior

Community Features
Curbs, Gated, Sidewalks, Street Lights, Street Paved
Construction Materials
Brick
Fencing
Fenced
Garage Spaces
3
Parking Features
Garage Door Opener, Yes, Garage Owned, Detached, Garage
Parking Spots
3
Parking Total
3
Roof
Rubber, Flat

Financial

Net Operating Income
$40,216
Tax Year
2025
Taxes
$6,044
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Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.

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Current real estate data for Multi Family in Chicago as of Aug 20, 2026
1,427
Multi Family Listed
83
Avg DOM
$529,737
Avg List Price

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Property Summary

    7841 S Wolcott Avenue Chicago IL is a Multi Family for sale in Chicago, IL, 60620. It is listed for $465,000 To schedule a showing of MLS#mrd12728571 at 7841 S Wolcott Avenue in Chicago, IL, contact your Compass | Debra Dobbs | The Dobbs Group agent at 3123074909.
7841 S Wolcott Avenue
Chicago, IL