Residential Income for Sale: 4004 W Wilcox, Chicago, IL 60624

11 beds
$535,000
$535,000
4004 W Wilcox, Chicago, IL 60624
11 beds
$535,000
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Price:
$535,000
$10,000 - 10/18/2024

Type Residential Income
Beds 11
Lot Size 0.06 acres
Year Built 2007

City Chicago
County Cook
School District 299

MLS 12086776
Status Active Under Contract
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!

Room Features

Basement Description Finished

Lot & Building Features

Heating Natural Gas
Parking Description Space/s
Sewer Public Sewer
Tax Year 2022
Water Public
Lot Dimensions 25 X 121 ft

Community and Schools

Elementary School 299

Price History of 4004 Wilcox, Chicago, IL

Date Name Price Difference
10/18/2024 Price Adjustment $535,000 1.90%
08/27/2024 Price Adjustment $525,000 3.67%
08/14/2024 Price Adjustment $545,000 0.69%
12/31/1969 Listing Price $548,800 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Comparable Properties Sold Near By


Photo of Kim Patton
Direct: 773-445-4442
Office
3580 W 95th Street
Evergreen Park, IL 60805
708-422-0011
Listed by Century 21 S.G.R., Inc., Luminita Ispas
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20%
1%
6.75%
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Monthly Payment
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Monthly Taxes
Monthly HOA
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Monthly PMI

4004 Wilcox (MLS #12086776) is a residential income listing located in Chicago, IL. This residential income listing on a lot of 2,614 sqft (or 0.06 acres) with 11 bedrooms, 7 baths and is 16-20 Years years old. This property was listed on 06/18/2024 and has been priced for sale at $535,000.

Nearby zip codes are 60612, 60623, 60632, 60644 and 60651. This property neighbors other cities such as Cicero.

Midwest Real Estate Data

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: Century 21 S.G.R., Inc.