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932 N Wolcott Avenue Chicago, IL 60622
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Key Details
Sold Price $850,000
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Sold
Purchase Type For Sale
Subdivision East Village
MLS Listing ID 11888059
Sold Date 06/03/24
Bedrooms 4
Year Built 1912
Annual Tax Amount $14,848
Tax Year 2021
Lot Size 3,049 Sqft
Lot Dimensions 25 X 125
Property Description
Please do not contact owner. Listing agreement still in place. Available for the first time in 30 years, this solid and well-maintained Ukrainian Village four flat is a great investment with four tenant occupied units and the option to add a fifth unit. Zoning is RT-4 and this building is in the ADU (Accessory Dwelling Unit) Pilot program, so a fifth unit could be added in the attic or built as a new coach house without zoning approval. Attic could also be duplexed up from one of the existing units to maximize the current built space and income. The attic has 10' high ceilings at peak, floor dimensions are 20x66. Currently the attic is used for tenant storage and common area laundry. High ceilings throughout the building - 10 ft high in all units. Some units have original details for the vintage lovers including pocket doors and original trim. Some updates are already done, there is room to add your touches and increase rents. Rents are below current market value as the owner has favored long term tenants and not increased rents. Two car garage on site. Great curb appeal with a handsome decorative facade and bohemian cornice details. Don't let this gem pass you by!
Location
State IL
County Cook
Community Curbs, Sidewalks, Street Lights, Street Paved
Zoning MULTI
Rooms
Basement None
Interior
Heating Natural Gas, Forced Air, Indv Controls
Fireplace N
Exterior
Parking Features Detached
Garage Spaces 2.0
View Y/N true
Roof Type Asphalt
Building
Foundation Stone
Sewer Public Sewer
Water Lake Michigan
New Construction false
Schools
School District 299, 299, 299
Others
Ownership Fee Simple
Special Listing Condition List Broker Must Accompany
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© 2024 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Bought with Benyamin Lalez • Compass