ClosedPrice Reduced

$535,000

$625,000
4015 Wilcox Street, Chicago, IL 60624
11 Beds7 Baths134 days
4015 Wilcox Street·Chicago, IL 60624
11Bedrooms
7Bathrooms
2008Year Built
About This Home

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!

MLS# 12038660Listed April 25, 2024Residential Income
Property Details

Beds & Baths

Total Bedrooms11
Total Bathrooms7
Total Rooms27

Size & Structure

Year Built2008
Lot Size0.060 acres

Location

CountyCook
TownshipWest Chicago
Zip Code60624

Financial

List Price$535,000
Original Price$625,000
Annual Taxes (2022)$3,995
Monthly Tax Est.$333
Parcel #16152110180000
Interior Features

Heating

Natural Gas

Basement

FinishedFull
Exterior & Lot

Construction

BrickBlock

Foundation

Concrete Perimeter
Utilities & Parking

Sewer

Public Sewer

Water Source

Public

Parking

Off AlleyOn SiteOwned
Tax & Financial
Annual Taxes
$3,995
Tax Year 2022
Monthly Tax Est.
$333
per month
Price Reduced by $90,000
Original list price: $625,000
Property Location

4015 Wilcox Street, Chicago, IL 60624Cook County

$535,000
4015 Wilcox Street
11 bd7 ba
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
134 days on market
0.060 acres
$3,995/yr taxes
Price reduced $90,000
$3,145
estimated monthly payment
Principal & Interest
$2,812/mo
Property Tax
$333/mo
$535,000
20% — $107,000
3%50%
6.875%
3%12%
Loan Amount
$428,000
Down Payment
$107,000

* Estimated payment only. Actual rates, taxes, and insurance may vary. Contact a lender for a personalized quote.

Listed by
Century 21 S.G.R., Inc.
Agent: Luminita Ispas
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