4500 Wilcox Street, West Garfield Park, Chicago, Illinois 60624
$485,000
|
Sold
|
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| Status: | Closed |
| Sqft: | 0 |
| Cost/Sqft: | — |
| Beds: | 9 |
| Baths: | 0 |
| Year Built: | 2006 |
| Property Taxes: | $4,167 |
| Days On Market: | 55 |
| Lot Size: | 0,07 |
Description
Rare opportunity to own a spacious, well maintained 3-unit multifamily property in Chicago's West Garfield Park! Built in 2006 and situated on a desirable corner lot, this approximately 3,744 SF building offers three generously sized 3 bedroom, 2 bathroom units, each featuring a private primary suite bathroom, spacious living and kitchen areas, in unit laundry, rear mudroom space, and its own private patio or balcony. The first floor unit offers convenient private front and rear entrances, while the second and third floor units feature individual rear access in addition to the shared front entrance. Enjoy the added value of two legally owned parking spaces in the rear, plus abundant street parking along the front and side of the property. The owner has intentionally kept two units vacant, creating an incredible opportunity for an investor to bring in new tenants and establish fresh leases or for an owner occupant to live in one unit while generating rental income from the others. The third floor unit is currently rented for $1,500/month, with tenants paying their own electric, cooking gas, and heating gas. Each unit has its own furnace and water heater, and two exterior security cameras will remain.The units are wired for central air conditioning, with ductwork already in place; however, air conditioning condensers still need to be installed to complete the central A/C systems. The building has been consistently maintained and the units are in good condition and move in ready, offering a solid foundation with the opportunity for a new owner to make cosmetic updates and increase value over time. Recent improvements include gutter replacement in 2024. Zoned multifamily and offering an exceptional combination of space, parking, outdoor areas, in-unit laundry, and immediate rental flexibility, this is a property you won't want to miss!
Property Specifics
| Multi-unit | |
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| 2006 | |
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| No | |
| 0.07 |
| Cook | |
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| 12752660 | |
| 16151060390000 |
Nearby Schools
| NAME: | DISTRICT: | DISTANCE: | |
|---|---|---|---|
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Grade School
Hefferan Elementary School |
299 | — | |
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Middle School
Hefferan Elementary School |
299 | Not in DB | |
|
High School
Marshall Metropolitan High Schoo |
299 | Not in DB | |
Room Specifics
Total Bedrooms: 9
Bedrooms Above Ground: 9
Bedrooms Below Ground: 0
Full Bathrooms: 6
Bathroom Amenities: —
Bathroom in Basement: 0
Rooms: —
Other Specifics
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| 3124 | |
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| Not in DB | |
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Listing Provided By
RE/MAX SUBURBAN
