Address
4418 N Wolcott Avenue Chicago, IL
Price
$ 2,625,000
Property Attributes
  • MLS#10916649
  • TypeMulti-Family
  • CountyCOOK
  • CityChicago
  • AreaCHI - Lincoln Square
  • NeighborhoodRavenswood
  • Zip60640
  • StyleMulti-Family
  • Year Built1918
  • Taxes12302
  • Price$ 2,625,000
  • Bedrooms6
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size3,485 SqFt
Listing Provided Courtesy Of:
Compass
Property Description

4414-4418 N. Wolcott. Rarely available multi-unit property in prime Ravenswood location. All unusually large apartments with formal living and dining rooms plus front sun rooms in 9 of the apartments. 4 one bedroom, 3 two bedroom and 3 three bedroom. Kitchens and baths updated in apartment grade finishes over the years when came vacant and if needed. Mostly all hardwood floors throughout. New roof on building and garages in 2019. New steam heating system installed 2018 Hot water tank 3-4 Years young. Rear porches have all been rebuilt and expanded giving every apartment a nice deck off the back of their unit overlooking the spacious green area of the large yard. Owner has maintained and managed this property for 50 years. Some long term tenants with room for rent increases. One of the 3 bedroom units 1st floor has a discount rent as they help out owner with lawn care and snow removal. Two units vacant for availability of showings at this time, Fully rented gross income $189384. Net $155870. Cap rate 5.9.

Price History
10/26/2020 Listed $2,625,000

General Features

Property Type Multi Family 5+
Property Type Commercial Sale
Roof Membrane, Rubber
Standard Status Active
Zoning MULTI

Interior Features

Basement Unfinished, Exterior Access

Exterior Features

Exterior Brick, Stone
Lot Dimensions 90 X 124

Room Details

Room Dimensions Level Flooring Details
Dining Room
Family Room
Living Room
Master Bedroom

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 60640

Price
AVG $940K
$2.63M
Taxes
AVG $12,657
$12,302
Visits
AVG 102
20
Year Built
AVG 1912
1918
Walkscore
AVG 94
95
Data Provided by Walkscore ® not using MLS data