4015 Wilcox Street, West Garfield Park, Chicago, Illinois 60624


$515,000

Sold
Status: Closed
Sqft: 0
Cost/Sqft:
Beds: 11
Baths: 0
Year Built: 2008
Property Taxes: $3,995
Days On Market: 505
Lot Size: 0,06
Map
Street View

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
2008
No
0.06
Cook
— / —
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

All Bedroom Info:
Total Bedrooms: 11
Bedrooms Above Ground: 11
Bedrooms Below Ground: 0
Second Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Third Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Fourth Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Fifth Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Sixth Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Seventh Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Eighth Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Ninth Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Tenth Bedroom Info:
Dimensions: —
Location: —
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Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Bathroom Info:
Full Bathrooms: 7
Partial Bathrooms: —
Bathroom Amenities: —
Bathroom in Basement: —
Additional Rooms Info:
Rooms: —
Basement: —
Basement Description: Finished

Other Specifics

25 X 125
Not in DB

Tax History

Year Property Taxes
2021 $5,477
2024 $3,995

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Listing Provided By

Century 21 S.G.R., Inc.