Closed

$450,000

5001 Wolcott Avenue, Chicago, IL 60640
2 Beds1 Baths0 sqft7 days
5001 Wolcott Avenue·Chicago, IL 60640
2Bedrooms
1Bathrooms
0Sq Ft
1922Year Built
About This Home

Welcome home to this spectacular 2-bedroom, 1-bathroom loft perched on the top floor of the iconic Candy Factory Condominiums in the heart of Ravenswood. Rarely available and impossible to replicate, this former candy factory conversion is the definition of one-of-a-kind Chicago living. Soaring 13-foot timber ceilings, exposed brick, wall-to-wall windows, and a wood burning fireplace create a warm, dramatic space that is equal parts character and comfort. The open-concept floor plan lives large, and the loft in the guest bedroom is perfect as a guest nook or private retreat. The kitchen and bathroom have been thoughtfully refreshed with modern choices, all while maintaining the character and uniqueness of the space. Additional highlights include hardwood floors, a tankless water heater, an updated washer and dryer, smart thermostat, and modern light fixtures throughout. Move right in and not have to touch a thing. Outside your door, a shared fenced-in side yard with a paver patio, grill, and gardening space offers a rare outdoor escape in the city. Storage and one exterior parking space are included. And the location could not be better: a true walker's paradise, just steps from the Ravenswood Metra, Winnemac Park, Mariano's, and some of the best dining and retail the neighborhood has to offer. Space like this, at this price point, does not come around often.

MLS# 12742585Listed August 25, 2026Residential
Property Details

Beds & Baths

Total Bedrooms2
Total Bathrooms1
Full Baths1
Half Baths0
Total Rooms5

Size & Structure

Living Area0 sqft
Stories2
Fireplaces1
Year Built1922
Lot Sizecommon

Location

CountyCook
TownshipNorth Chicago
Zip Code60640

Financial

List Price$450,000
Annual Taxes (2024)$6,341
Monthly Tax Est.$528
Parcel #14074120111009
Interior Features

Appliances

RangeMicrowaveDishwasherRefrigeratorWasherDryerDisposalStainless Steel Appliance(s)

Flooring

Hardwood

Heating

Natural GasForced Air

Cooling

Central Air

Basement

None

Laundry

In Unit

Fireplace

Wood Burning
Exterior & Lot

Construction

Brick
Utilities & Parking

Sewer

Public Sewer

Water Source

Lake Michigan

Electric

Circuit Breakers

Parking

AsphaltAssignedOff AlleyOff StreetYesOwned
HOA & Community
HOA Fee
$368
Monthly

HOA Includes

WaterParkingInsuranceExterior MaintenanceLawn CareScavenger

Association Amenities

Bike Room/Bike TrailsStorageSecurity Door Lock(s)
Tax & Financial
Annual Taxes
$6,341
Tax Year 2024
Monthly Tax Est.
$528
per month
Property Location

5001 Wolcott Avenue, Chicago, IL 60640 — Cook County

$450,000
5001 Wolcott Avenue
2 bd1 ba0 sqft
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
7 days on market
1 fireplace
common
$6,341/yr taxes
$368 HOA (monthly)
$3,261
estimated monthly payment
Principal & Interest
$2,365/mo
Property Tax
$528/mo
HOA
$368/mo
$450,000
20% — $90,000
3%50%
6.875%
3%12%
Loan Amount
$360,000
Down Payment
$90,000

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

Listed by
Compass
Agent: Kelly Parker
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