4004 W Wilcox St., Chicago, IL 60624

4004 W Wilcox St., Chicago, IL 60624
Photo 1 of 18
$535,000
Beds Baths Sq. Ft. Taxes Built
11 0.00 0 $7,636 2007
On the market: 220 days

Est. Monthly Payment:

$3,695($3,059 + $636 taxes*)

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APPROVED
View full details, 15 photos, school info, and price history
Perfect house-hacking opportunity! Live for free, while the other 3 units pay for your mortgage. Built in 2007, and updated over the last few years, this building features hardwood floors throughout for units 1-3. Basement unit has 9 ft high ceilings, private washer/dryer, and can have a 3rd bedroom added. 3 units each have 3 bed/2 bath, with primary suites with full baths, walk-in closets, and lots of storage. Unit 1 has all-new stainless steel Samsung appliance package. Most of the appliances in the building have been changed in the last 3 years, along 3 new hot water tanks. The top floor has vaulted ceilings. All units are set up to easily add a washer/dryer in the unit. All separate utilities. Owner pays only for water and common electricity. Huge metal porches in the rear, and all-gated front and rear parking areas. Great income potential and is a turn-key investment. It will not last long! Fully rented with long-term tenants, all month-to-month. Rents can all be raised. Monthly income can easily be increased to $6,400/month by applying for increases with CHA or if owner adds washer/dryer in the unit, the income could be $86,400/year, and a cap rate after expenses of 13.5%. FHA approved. Must see!
Listing courtesy of Luminita Ispas, Century 21 S.G.R., Inc.