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Eric Northouse

eric@qcrealtybroker.com +1(563) 570-1851

$ 469,900

Est. payment -/mo

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4500 W Wilcox ST Chicago, IL 60624

9 Beds

6 Baths

3,049 Sqft Lot

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12752660

Bedrooms 9

Year Built 2006

Annual Tax Amount $4,167

Tax Year 2023

Lot Size 3,049 Sqft

Lot Dimensions 3124

Property Sub-Type Two to Four Units

Property 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 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!

Location

State IL

County Cook

Area Chi - West Garfield Park

Zoning MULTI

Rooms

Basement None

Interior

Heating Natural Gas, Forced Air

Equipment CO Detectors, Ceiling Fan(s), Security Cameras, Water Heater-Gas

Fireplace N

Exterior

Exterior Feature Balcony

Community Features Curbs, Sidewalks, Street Lights, Street Paved

Roof Type Asphalt

Building

Lot Description Corner Lot

Dwelling Type Two to Four Units

Building Description Brick,Stone, No

Sewer Public Sewer, Storm Sewer

Water Lake Michigan

Structure Type Brick,Stone

New Construction false

Schools

Elementary Schools Hefferan Elementary School

Middle Schools Hefferan Elementary School

High Schools Marshall Metropolitan High Schoo

School District 299 , 299, 299

Others

Ownership Fee Simple

Special Listing Condition None

Listed by Natalie Kofie of RE/MAX All Pro - St Charles

Eric Northouse

Agent License ID: S59922000

+1(563) 570-1851

Eric Northouse

4500 W Wilcox ST Chicago, IL 60624

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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4500 W Wilcox ST