6640 S Wolcott Ave., Chicago, IL 60636

6640 S Wolcott Ave., Chicago, IL 60636
Photo 1 of 1
$175,000
Beds Baths Sq. Ft. Taxes Built
6 0.00 0 $738.04 1910
On the market: 3 days

Est. Monthly Payment:

$1,110($1,048 + $62 taxes*)

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APPROVED
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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 courtesy of Cassandra Sneed, EXIT Strategy Realty