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MLS Properties
1
$175,000 Sale
Listed 1 day
6640 S Wolcott Avenue IL
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Key Facts
Key facts for 6640 S Wolcott Avenue IL
Property Type
Apartment
Parking
0 parking
MLS #
12509039
Size
-
Basement
Partially Finished,Full,Walk-Out Access
Listed on
-
Lot size
-
Tax
$738.04 /yr
Days on Market
-
Year Built
1907
Maintenance Fee
-
Description
This solid brick multi-family located at 6640 S Wolcott Avenue in the Englewood community is officially on the market and awaiting a new owner who's ready to add some love and unlock its true potential! The current rents total approximately $1,300/month between the Garden Unit ($425) and 1st Floor U...nit ($850) - and with the vacant 2-Bedroom on the 2nd Floor, you can easily boost your income by at least $1,250/month right away! Each floor offers 2 bedrooms / 1 bath, plus a separate living room, dining room, and eat-in kitchen. With value-add updates, rents can be increased, and the basement presents potential for tenant storage + common laundry. The rear of the home features the existing garage slab - ready to be repurposed for fenced, off-street parking that can generate additional monthly income. Englewood is one of the 10 communities included in Chicago's INVEST South/West Corridor Improvement Initiative - signaling continued momentum and revitalization. This is the perfect time to secure a cash-flowing property in a community on the rise! Note: Seller makes no representation as to the legality of the garden unit.
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Listing courtesy of: EXIT Strategy Realty

Listings courtesy of MRED as distributed by MLS GRID.