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%. Must see!
Room Features
Basement DescriptionFinished
Lot & Building Features
HeatingNatural Gas
Parking DescriptionSpace/s
SewerPublic Sewer
Tax Year2022
WaterPublic
Lot Dimensions25 X 121 ft
Community and Schools
Elementary School299
Price History of 4004 Wilcox, Chicago, IL
Date
Name
Price
Difference
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.
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 $525,000.
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.