4004 Wilcox Street, West Garfield Park, Chicago, Illinois 60624
$548,000
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Sold
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| Status: | Closed |
| Sqft: | 0 |
| Cost/Sqft: | — |
| Beds: | 11 |
| Baths: | 0 |
| Year Built: | 2007 |
| Property Taxes: | $7,636 |
| Days On Market: | 450 |
| Lot Size: | 0,06 |
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!
Property Specifics
| Multi-unit | |
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| 2007 | |
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| No | |
| 0.06 |
| Cook | |
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| — / — | |
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| 12086776 | |
| 16152070430000 |
Property History
| DATE: | EVENT: | PRICE: | SOURCE: |
|---|---|---|---|
| 14 Jul, 2021 | Sold | $415,000 | MRED MLS |
| 26 Apr, 2021 | Under contract | $415,000 | MRED MLS |
| — | Last price change | $375,000 | MRED MLS |
| 19 Apr, 2021 | Listed for sale | $375,000 | MRED MLS |
| 4 Feb, 2025 | Sold | $548,000 | MRED MLS |
| 23 Dec, 2024 | Under contract | $535,000 | MRED MLS |
| — | Last price change | $545,000 | MRED MLS |
| 18 Jun, 2024 | Listed for sale | $548,800 | MRED MLS |
Room Specifics
Total Bedrooms: 11
Bedrooms Above Ground: 11
Bedrooms Below Ground: 0
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Full Bathrooms: 7
Bathroom Amenities: —
Bathroom in Basement: —
Rooms: —
Basement Description: Finished
Other Specifics
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| 25 X 121 | |
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| Not in DB | |
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Tax History
| Year | Property Taxes |
|---|---|
| 2021 | $5,477 |
| 2025 | $7,636 |
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Listing Provided By
Century 21 S.G.R., Inc.
