6640 S Wolcott Avenue, Chicago, IL 60636

• 6 beds |
• 3 baths

Property 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 Unit ($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.

Listing Status:

Active

Listing Office:

EXIT Strategy Realty : 773-503-3352

Listing Agent:

Cassandra Sneed : 773-503-3352

MLS ID:

12509039

Interior

• Basement: Partially FinishedFullWalk-Out Access
• Heating: Radiant

Exterior

• Parking: YesParking spaces: 0

Location

• Originating MLS: mred
• School District: 299
• County: Cook

Lot

• Zoning: MULTI20192250370000

Utilities

• Water: Public
• Sewer: Public Sewer

Financial

• Source: mred
• Ownership: Fee Simple

This listing courtesy of Cassandra Sneed, EXIT Strategy Realty