1748 North Wolcott Avenue

CHICAGO, IL 60622

Sold For:

$1,190,000

MLS# 09389187


Description

Income producing 4 unit on tree lined Wolcott Ave in the heart of Bucktown. This legal 4 unit has a classic 3 unit brick building with a duplexed coach house at the rear of the lot. The units have been rented to long time tenants at under market rents and are ready for a new owner. The building has been producing $66,000 in annual gross income but can be much higher when rents are brought up to market. All units have central air/heat, in unit laundry and dishwashers. Tenants pay all utilities except for water. The property has been very well maintained; 2011 roof, 2015 tuck pointing; newer windows and back steel stairs/balconies. The building would also be an ideal candidate for a conversion to a Single Family Home. The garden unit has 9 foot ceilings; 1st and 2nd floors have 10 foot ceilings. The building is built lot line to lot line making for a very wide footprint.
Sold Price:
$1,190,000
Listed:
11/15/16
Sold:
01/04/17




Presented By

Steve Beach

  • Direct630.262.7168
  • Cell630.306.4663
  • Fax910.500.1234

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Listing Office: Baird & Warner

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