Chicago, IL 60624,4015 W Wilcox ST
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Chicago, IL 60624,4015 W Wilcox ST
Chicago, IL 60624,4015 W Wilcox ST
Chicago, IL 60624,4015 W Wilcox ST
Chicago, IL 60624,4015 W Wilcox ST

$515,000

Est. payment /mo

$535,000

3.7%
Est.Price: ?

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4015 W Wilcox ST Chicago, IL 60624

11 Beds

2,613 Sqft Lot

SOLD DATE : 10/23/2024

Key Details

Sold Price $515,000

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 12038660

Sold Date 10/23/24

Bedrooms 11

Year Built 2008

Annual Tax Amount $3,994

Tax Year 2022

Lot Size 2,613 Sqft

Lot Dimensions 25 X 125

Property Description

Perfect house-hacking opportunity! Live for free, while the other 3 units pay for your mortgage. Built in 2008, and remodeled over the last 3 years with 3 new HVAC systems (2023), 3 new hot water tanks, and more than half of the appliances changed to stainless steel appliances, the building features hardwood floors in the living area and luxury vinyl in the bedroom. The basement unit has 9 ft ceilings, and it was remodeled in 2022 with designer cabinets, quartz counters, stainless steel appliances, and new floors. Each of the 3 units has 3 beds/2 baths, with primary suites with full baths and walk-in closets, and the basement can be a 3 bed/1 bath unit and it has a washer/dryer. Top floor has vaulted ceilings. All units are set up to easily add 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 area. Great income potential and is a turn-key investment. 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% It will not last long! Must see!

Location

State IL

County Cook

Area Chi - West Garfield Park

Rooms

Basement Full

Interior

Heating Natural Gas

Fireplace N

Exterior

Waterfront false

Building

Sewer Public Sewer

Water Public

New Construction false

Schools

School District 299 , 299, 299

Others

Ownership Fee Simple

Special Listing Condition None

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Midwest Real Estate Data (MRED) IDX
Listed by Luminita Ispas • Century 21 S.G.R., Inc.
Bought with Darius Young • eXp Realty, LLC

Dick Barr, CRS

Managing Broker | License ID: 471.011187

+1(847) 644-1154

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