Search

Leave a Message

Thank you for your message. We will be in touch with you shortly.

Search Homes

Property Description

Rare opportunity to own a spacious, well maintained 3-unit multifamily property in Chicago's West Garfield Park! Built in 2006 and situated on a desirable corner lot, this approximately 3,744 SF building offers three generously sized 3 bedroom, 2 bathroom units, each featuring a private primary suite bathroom, spacious living and kitchen areas, in unit laundry, rear mudroom space, and its own private patio or balcony. The first floor unit offers convenient private front and rear entrances, while the second and third floor units feature individual rear access in addition to the shared front entrance. Enjoy the added value of two legally owned parking spaces in the rear, plus abundant street parking along the front and side of the property. The owner has intentionally kept two units vacant, creating an incredible opportunity for an investor to bring in new tenants and establish fresh leases or for an owner occupant to live in one unit while generating rental income from the others. The third floor unit is currently rented for $1,500/month, with tenants paying their own electric, cooking gas, and heating gas. Each unit has its own furnace and water heater, and two exterior security cameras will remain. The building has been consistently maintained and the units are in good condition and move in ready, offering a solid foundation with the opportunity for a new owner to make cosmetic updates and increase value over time. Recent improvements include gutter replacement in 2024. Zoned multifamily and offering an exceptional combination of space, parking, outdoor areas, in-unit laundry, and immediate rental flexibility, this is a property you won't want to miss!

Overview

Property Status
For Sale
Lot Size
3,049.2 Sq.Ft.
MLS ID
12752660
Property Type
Multi-Family
Year Built
2006

Features & Amenities

Neighborhood
Chicago
Water Source
Lake Michigan
Roof
Asphalt
Lot Features
Corner Lot
Parking
Assigned, Off Alley, Off Street, Yes, Owned
Heat Type
Natural Gas, Forced Air
Sewer
Public Sewer, Storm Sewer
Substructure
Concrete Perimeter
Other Exterior Features
Balcony
Elementary School
Hefferan Elementary School
Middle School
Hefferan Elementary School
High School
Marshall Metropolitan High Schoo
School District
299
Sales Price
$469,900
Real Estate Tax
$4,167/yr
Zoning
MULTI

Downloads

4500 W Wilcox Street

Schedule a Tour

We would love to help you see this beautiful home! As a full-service brokerage, we can help you tour. Please submit an offer, and answer questions about the buying process.

Thank you

for your interest in 4500 W Wilcox Street, Chicago, IL 60624

4500 W Wilcox Street
Navigate
Chicago

Explore Chicago

read more

Mortgage Calculator

Estimate your monthly mortgage payment, including the principal and interest, property taxes, and HOA. Adjust the values to generate a more accurate rate.
$0,000 Your Payment 20 15 65
$0,000 Your Payment

Follow Us On Instagram