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Updated Residential Income Duplex
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838 N Wolcott Ave, Chicago, IL 60622

Center-entrance 3-flat with a rear 2-unit coach house, featuring updated units and finishes from the past five years.

Property SizeContact for details
Days on Market122

Property Features for 838 N Wolcott Ave

General Information

Standard status Active
Property subtype Multifamily

Additional Details

Multifamily Units 5
Listing Agency: 33 Realty LLC
Listed By: Conor McMullen · License #IL 475.167587
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 23 at 9:53AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of 33 Realty LLC

Investment Insights

Based on property information with market context.

This center-entrance 3-flat includes an additional 2-unit coach house located in the rear. All units have been updated within the last five years, and the property features updated finishes throughout.

The offering is in the West Town area, with the current configuration supporting the ability to achieve market rates in this submarket.

The property is structured as a multi-unit residential income asset with separate living units across the main building and rear coach house.

Key Highlights

  • Center‑entrance 3‑flat with a rear 2‑unit coach house
  • All units updated in the last 5 years
  • Updated units feature nice finishes and offer ability to achieve market rates

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Nursing Home Accounting Firm (Bike/Boat/Book/etc) Store Bed & Breakfast Supermarket Tanning Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

5
Residential units

Location Intelligence

Trade Area within ½ mile

4,891
Businesses Nearby

Demographics for 60622, IL

55,075
Population
27,630
Households
2
Avg Household Size
33
Median Age
73%
College-Educated
94%
High-School Grad
2.5 sq mi
ZIP Area
22,030
Density / Sq Mi
$124,852
Median Household Income
$76,180
Median Earnings
$1,932
Median Rent
$622,900
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Triplex - Center-entrance 3-flat with a rear 2-unit coach house, featuring updated units and finishes from the past five years.
Where is this triplex located?
The property is located at 838 N Wolcott Ave Chicago, IL.
What are key features of this property?
This property features: Center‑entrance 3‑flat with a rear 2‑unit coach house; All units updated in the last 5 years; Updated units feature nice finishes and offer ability to achieve market rates
More about this property
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