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4500 W Wilcox Street Chicago, IL 60624

$469,900
Active / MLS# 12752660 / Multi Unit - Multiple / Chicago
9 Beds
6 Baths

Rare opportunity to own a spacious, well maintained 3-unit multifamily property in Chicago's West Garfield Park! Built in 2006 and situated on a desirable corner lot, this approximately 3,744 SF building offers three generously sized 3 bedroom, 2 bathroom units, each featuring a private primary suite bathroom, spacious living and kitchen areas, in unit laundry, rear mudroom space, and its own private patio or balcony. The first floor unit offers convenient private front and rear entrances, while the second and third floor units feature individual rear access in addition to the shared front entrance. Enjoy the added value of two legally owned parking spaces in the rear, plus abundant street parking along the front and side of the property. The owner has intentionally kept two units vacant, creating an incredible opportunity for an investor to bring in new tenants and establish fresh leases or for an owner occupant to live in one unit while generating rental income from the others. The third floor unit is currently rented for $1,500/month, with tenants paying their own electric, cooking gas, and heating gas. Each unit has its own furnace and water heater, and two exterior security cameras will remain.The units are wired for central air conditioning, with ductwork already in place; however, air conditioning condensers still need to be installed to complete the central A/C systems. The building has been consistently maintained and the units are in good condition and move in ready, offering a solid foundation with the opportunity for a new owner to make cosmetic updates and increase value over time. Recent improvements include gutter replacement in 2024. Zoned multifamily and offering an exceptional combination of space, parking, outdoor areas, in-unit laundry, and immediate rental flexibility, this is a property you won't want to miss!

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Estimated Payment

$ 1,693.41 per month $1,209.11 Principal & Interest $347.25 Property Tax $137.05 Homeowner's Insurance
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Property Details

Property Type: Multi Unit - Multiple
Basement: None
Heating: Natural Gas, Forced Air
Lot Size: 0.07 Acres
Roof Type: Asphalt
Taxes: $4,167
Year Built: 2006

Feature Descriptions

Exterior: Brick, Stone
Lot: Corner Lot
Lot Dimensions: 3124
Other Equipment: CO Detectors, Ceiling Fan(s), Security Cameras, Water Heater-Gas
Parcel#: 16151060390000
Parking: Assigned, Off Alley, Off Street, Yes, Owned
Sewer: Public Sewer, Storm Sewer
Total Rooms: 15
Township: West Chicago
Water: Lake Michigan

Schools

High School: Marshall Metropolitan High Schoo
Middle School: Hefferan Elementary School
Elementary School: Hefferan Elementary School
School District: District 299

Disclaimer: The accuracy of all information regardless of source, including but not limited to square footage and lot size, is deemed reliable but not guaranteed nor warranted and should be personally verified through personal inspection by and/or with the appropriate professionals.

Location

See details and scored characteristics about this location.

Listing Office: RE/MAX SUBURBAN

Listing Office Phone: 630-513-6100



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