4015 Wilcox Street, West Garfield Park, Chicago, Illinois 60624
$515,000
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Sold
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| Status: | Closed |
| Sqft: | 0 |
| Cost/Sqft: | — |
| Beds: | 11 |
| Baths: | 0 |
| Year Built: | 2008 |
| Property Taxes: | $3,995 |
| Days On Market: | 555 |
| Lot Size: | 0,06 |
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!
Property Specifics
| Multi-unit | |
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| 2008 | |
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| No | |
| 0.06 |
| Cook | |
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| — / — | |
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| 12038660 | |
| 16152110180000 |
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 |
| 23 Oct, 2024 | Sold | $515,000 | MRED MLS |
| 5 Sep, 2024 | Under contract | $535,000 | MRED MLS |
| — | Last price change | $548,800 | MRED MLS |
| 25 Apr, 2024 | Listed for sale | $625,000 | 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: —
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Basement Description: Finished
Other Specifics
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| 25 X 125 | |
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| Not in DB | |
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Tax History
| Year | Property Taxes |
|---|---|
| 2021 | $5,477 |
| 2024 | $3,995 |
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Listing Provided By
Century 21 S.G.R., Inc.
