4004 W Wilcox Street Chicago, IL 60624
Listing Courtesy of: Midwest Real Estate Data / Century 21 S.G.r., Inc.

  4004 W Wilcox Street Chicago, IL 60624

Contingent (189 Days)
$535,000
11
BED
7
BATH

Description

Perfect house-hacking opportunity! Live for free, while the other 3 units pay for your mortgage. Built in 2007, and updated over the last few years, this building features hardwood floors throughout for units 1-3. Basement unit has 9 ft high ceilings, private washer/dryer, and can have a 3rd bedroom added. 3 units each have 3 bed/2 bath, with primary suites with full baths, walk-in closets, and lots of storage. Unit 1 has all-new stainless steel Samsung appliance package. Most of the appliances in the building have been changed in the last 3 years, along 3 new hot water tanks. The top floor has vaulted ceilings. All units are set up to easily add a washer/dryer in the unit. All separate utilities. Owner pays only for water and common electricity. Huge metal porches in the rear, and all-gated front and rear parking areas. Great income potential and is a turn-key investment. It will not last long! Fully rented with long-term tenants, all month-to-month. Rents can all be raised. Monthly income can easily be increased to $6,400/month by applying for increases with CHA or if owner adds washer/dryer in the unit, the income could be $86,400/year, and a cap rate after expenses of 13.5%. FHA approved. Must see!

MLS #:
12086776
Taxes
$7,636(2022)
Lot Size
2,614 SQFT
Type
Multifamily
Year Built
2007
School District
299
County
Cook County

Listed By

Luminita Ispas, Century 21 S.G.r., Inc.
Source
Midwest Real Estate Data as distributed by MLS Grid
Last checked Dec 23 2024 at 1:45 PM GMT+0000
Bathroom Details
Heating and Cooling
  • Natural Gas
Basement Information
  • Full
  • Finished
Exterior Features
  • Brick
  • Block
Utility Information
  • Utilities: Water Source: Public
  • Sewer: Public Sewer
Parking
  • Off Alley
Location
   
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Disclaimer: Based on information submitted to the MLS GRID as of 4/20/22 08:21. All data is obtained from various sources and may not have been verified by broker or MLSGRID. Supplied Open House Information is subject to change without notice. All information should beindependently reviewed and verified for accuracy. Properties may or may not be listed by the office/agentpresenting the information. Properties displayed may be listed or sold by various participants in the MLS. All listing data on this page was received from MLS GRID.