4500 W Wilcox Street,Chicago, IL 60624
Chicago, IL 60624
Description
Rare opportunity to own a spacious, well maintained 3-unit multifamily property in Chicago's West Garfield Park! Built in 2006 and situated on a desirable corner lot, this approximately 3,744 SF building offers three generously sized 3 bedroom, 2 bathroom units, each featuring a private primary suite bathroom, spacious living and kitchen areas, in unit laundry, rear mudroom space, and its own private patio or balcony. The first floor unit offers convenient private front and rear entrances, while the second and third floor units feature individual rear access in addition to the shared front entrance. Enjoy the added value of two legally owned parking spaces in the rear, plus abundant street parking along the front and side of the property. The owner has intentionally kept two units vacant, creating an incredible opportunity for an investor to bring in new tenants and establish fresh leases or for an owner occupant to live in one unit while generating rental income from the others. The third floor unit is currently rented for $1,500/month, with tenants paying their own electric, cooking gas, and heating gas. Each unit has its own furnace and water heater, and two exterior security cameras will remain.The units are wired for central air conditioning, with ductwork already in place; however, air conditioning condensers still need to be installed to complete the central A/C systems. The building has been consistently maintained and the units are in good condition and move in ready, offering a solid foundation with the opportunity for a new owner to make cosmetic updates and increase value over time. Recent improvements include gutter replacement in 2024. Zoned multifamily and offering an exceptional combination of space, parking, outdoor areas, in-unit laundry, and immediate rental flexibility, this is a property you won't want to miss!
Details
| MLS # | 12752660 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active Under Contract |
| Year | 2006 |
| Days On Site | 16 |
| Listing Provided By | RE/MAX SUBURBAN | Natalie Kofie |
Features
| Bed(s) | 9 |
|---|---|
| Bath(s) | 6 |
| Zoning | MULTI |
| Acreage | 0.07 |
Interior
| Rooms Total | 15 |
|---|---|
| Heating | Natural Gas, Forced Air |
Exterior
| Exterior Features | Balcony |
|---|---|
| Roof | Asphalt |
| Foundation Details | Concrete Perimeter |
| Lot Features | Corner Lot |
| Construction Materials | Brick, Stone |
| Patio And Porch Features | Patio |
Parking
| Parking Features | Assigned, Off Alley, Off Street, Yes, Owned |
|---|
Utilities
| Sewer | Public Sewer, Storm Sewer |
|---|
Location
| Community Features | Curbs, Sidewalks, Street Lights, Street Paved |
|---|
Taxes
| Tax Year | 2023 |
|---|---|
| Tax Annual Amount | 4167 |
Area Information
| State | IL |
|---|---|
| County | Cook |
| City | Chicago |
| Zip Code | 60624 |
| Area | CHI West Garfield Park |
| School District | Marshall Metropolitan High Schoo |
| Elementary School | Hefferan Elementary School |
| High School | Marshall Metropolitan High Schoo |
| Listing VS Median (in 60624) | |
Price: $469,900 low | high Med: $174,900 On site: 16 low | high Med: 35 | |
Market Activity 60624
Request a showing
Request a showing
Contact
Learn More About This Property
| State | IL |
|---|---|
| County | Cook |
| City | Chicago |
| Zip Code | 60624 |
| Area | CHI West Garfield Park |
| School District | Marshall Metropolitan High Schoo |
| Elementary School | Hefferan Elementary School |
| High School | Marshall Metropolitan High Schoo |
| Listing VS Median (in 60624) | |
Price: $469,900 low | high Med: $174,900 On site: 16 low | high Med: 35 | |
