$175,000

6640 S Wolcott Avenue, Chicago, IL 60636

  • 6 beds |
  • 3 baths
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1907
  • Property Lot Size Icon3,920sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 4 days ago

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
  • Basement: Partially FinishedFullWalk-Out Access
  • Heating: Radiant
  • Parking: YesParking spaces: 0
  • Originating MLS: mred
  • School District: 299
  • County: Cook
  • Zoning: MULTI20192250370000
  • Water: Public
  • Sewer: Public Sewer
  • Source: mred
  • Ownership: Fee Simple

This listing courtesy of Cassandra Sneed, EXIT Strategy Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

O

O'Toole Elementary School

6550 S Seeley Ave, Chicago, IL, 60636

Grades PK-8

0.23 miles away

O

O'Toole Elementary School

6550 S Seeley Ave, Chicago, IL, 60636

Grades PK-8

0.23 miles away

H

Harper High School

6520 S Wood St, Chicago, IL, 60636

Grades 9-12

0.20 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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