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Property Description

Spacious brick three-flat offering three 3-bedroom apartments, a partially finished basement with an additional bathroom and a 3-car detached garage. Two units are currently occupied, while the vacant third-floor apartment provides an excellent opportunity for an owner-occupant or investor seeking additional rental income. Numerous capital improvements have been completed, including replacement of the original boiler with three individual gas forced-air furnaces, upgraded electrical wiring, extensive plumbing improvements featuring copper supply lines with individual unit shutoff valves, a newer 75-gallon hot-water tank and separate gas and electric meters for each apartment. A fourth gas meter serves the building's common utilities. Additional updates include vinyl flooring throughout all three apartments, newer windows throughout much of the building, recent roof maintenance, garage repairs and a replaced main water shutoff valve. Each apartment features three bedrooms with separate living and dining rooms. The partially finished basement provides additional storage and utility space. With spacious units, separate mechanical systems and meaningful infrastructure improvements already completed, this property offers flexibility for owner-occupants and investors alike. Schedule your private tour today.

Overview

Property Status
For Sale
Lot Size
3,484.8 Sq.Ft.
MLS ID
12728571
Property Type
Multi-Family
Year Built
1932

Features & Amenities

Neighborhood
Chicago
Garage Spaces
3.0
Water Source
Lake Michigan
Roof
Rubber, Flat
Parking
Garage Door Opener, Yes, Garage Owned, Detached, Garage
Heat Type
Natural Gas
Sewer
Public Sewer
Substructure
Concrete Perimeter
Elementary School
Barton Elementary School
Middle School
Barton Elementary School
High School
Bogan High School
School District
299
Sales Price
$465,000
Real Estate Tax
$6,044/yr

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7841 S Wolcott Avenue

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7841 S Wolcott Avenue
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7841 S Wolcott Avenue

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