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6640 S Wolcott Ave Chicago, IL 60636

For Sale
$175,000

Residential Income - Chicago, IL

Lot size:
0.09 Acres
Days on Market:
30
Last Refresh:
Dec 5 at 3:06 am

Property Features for 6640 S Wolcott Ave

General Information

Property type
Residential Multi Family
Property subtype
Other
Standard status
Active
Zoning
MULTI
Rooms
Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
Bedrooms
6
APN
20192250370000
Lot size
0.09 Acres

Utilities

Heating system
Radiant

Building Details

Year built
1907
Architectural style
Other

Exit Strategy Realty (312) 493-0920 [email protected]

Listing agent Cassandra Sneed (312) 554-5478 License #475179113

Listing date Nov 6, 2025

MLS# 12509039 Listing URL

Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Overview

Englewood Multifamily Investment Opportunity

Located at 6640 S Wolcott Avenue in Chicago's Englewood community, this solid brick multi-family property is available for purchase. Each floor features 2 bedrooms and 1 bath, along with a separate living room, dining room, and eat-in kitchen. The property includes a garden unit, a 1st-floor unit, and a vacant 2-bedroom unit on the 2nd floor. The current total rents from the garden unit and 1st-floor unit are approximately $1,300 per month. The vacant 2-bedroom unit presents an opportunity to increase income. Value-add updates can further increase rents. The basement offers potential for tenant storage and common laundry facilities. At the rear of the home, the existing garage slab can be repurposed for fenced, off-street parking, potentially generating additional monthly income. Englewood is one of the 10 communities included in Chicago's INVEST South/West Corridor Improvement Initiative.
Property Profile Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Chicago
County
Cook
State
Illinois
Longitude
-87.671674
Latitude
41.7727285

FAQs

What type of property is this?
Apartment building - Multifamily property in Chicago's INVEST South/West Corridor.
Where is this apartment building located?
The property is located at 6640 S Wolcott Ave Chicago, IL.
What is the asking price?
The asking price for this property is $175,000.
What are key features of this property?
This property features: - Immediate income potential with existing rents of $1,300/month and a vacant 2-bedroom unit ready to rent for an estimated $1,250/month.; - Located in Chicago's INVEST South/West Corridor Improvement Initiative area, indicating potential for future appreciation and revitalization.; - Each unit features 2 bedrooms/1 bath, plus separate living room, dining room, and eat-in kitchen.
More about this property
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