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!
Room Features
Basement DescriptionFinished
Lot & Building Features
HeatingNatural Gas
Parking DescriptionSpace/s
SewerPublic Sewer
Tax Year2022
WaterPublic
Lot Dimensions25 X 125 ft
Community and Schools
Elementary School299
Price History of 4015 Wilcox, Chicago, IL
Date
Name
Price
Difference
08/27/2024
Price Adjustment
$535,000
2.51%
05/08/2024
Price Adjustment
$548,800
12.19%
12/31/1969
Listing Price
$625,000
N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.
4015 Wilcox (MLS #12038660) 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 04/25/2024 and has been priced for sale at $535,000.
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.