4015 W Wilcox Street, Chicago, IL 60624

  • $548,800
  • $625,000
4015 W Wilcox Street, Chicago, IL 60624
  • Residential Income
  • Property Type
  • 11
  • Bedrooms
  • 2008
  • Year Built
For Sale
4015 W Wilcox Street, Chicago, IL 60624
  • $548,800
  • $625,000

Overview

Property ID: 24339882
  • Residential Income
  • Property Type
  • 11
  • Bedrooms
  • 2008
  • Year Built

Description

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!

  • Address 4015 W Wilcox Street
  • City Chicago
  • State/county IL
  • Zip/Postal Code 60624
  • Country United States

Details

Updated on August 29, 2024 at 8:07 am
  • Property ID: 24339882
  • Price: $548,800
  • Land Area: 0.06 Acres
  • Bedrooms: 11
  • Year Built: 2008
  • Property Type: Residential Income
  • Property Status: For Sale
  • MLS#: MRD12038660
  • Office Name: CENTURY 21 S.G.R., INC.
  • Agent Name: Luminita Ispas
  • MLS Status: Active

Additional details

  • List Office MLSID: MRD14210
  • List Agent MLSID: MRD140263
  • List Date: 2024-04-25T19:46:24.000Z
  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Tax Annual: 3994.56
  • Tax Year: 2022
  • County: Cook
  • Parking: Off Alley
  • Water Source: Public

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