$1,295,000
Fully leased TURNKEY 4 unit corner brick building in the absolute heart of Bucktown. Situated on the premier residential block of Wabansia, two blocks from the Damen blue line stop, three blocks from 94, the 606 trail, and all of the restaurants Wicker/Bucktown has to offer. Surrounded by multi million dollar houses, the potential for adding value through unit renovations is significant. The building is currently configured as five apartments. Each unit features two (2) bedrooms and one (1) bathroom. The fifth non- conforming unit was built out 3 years ago and features stainless steel appliances, designer-grade finishes, central air and washer/dryer in unit, and a private entrance, allowing it to be utilized as an Airbnb in a top notch tourist destination. Additionally the building offers on-site laundry in basement, the roof was re-done in 2016, bathrooms and kitchen both gutted and remodeled within the past 10 years. 1702 N Wolcott is a rare opportunity to own a corner building in a prime Bucktown location with an endless choice of trendy restaurants, local bars and entertainment options just steps away. This property provides an excellent opportunity for a new operator to cash-flow as is, or make renovations that would significantly increase the value of the property.
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1702 Wolcott Avenue, Chicago, IL 60622 — Cook County
IL License 475.178467 · (847) 810-8438
* Estimated payment only. Actual rates, taxes, and insurance may vary. Contact a lender for a personalized quote.
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