Duplex-Up Residential
For Sale
$699,900
3735 N Wolcott Avenue Unit 11, Chicago, IL 60613
Two roof decks and a west-facing dining balcony extend the unit’s usable outdoor space.
Property Size1,997 SF
Price / SF$350.48
Days on Market18
Property Features for 3735 N Wolcott Avenue Unit 11
General Information
Standard status
Active
Size
1,997 SF
Total Parking Spaces
1
Elevators
Yes
Property subtype
Condo,Condo-Duplex,Penthouse
Site & Location
Neighborhood
North Center
Public Transit
Yes
Additional Details
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$9,090
Amenities
west-facing balcony
roof decks
Building Details
Building Size
1,997 SF
Year Built
2005
Listing Agency:
@properties Christie's International Real Estate
Listed By:
Joy Residential
(312) 607-8010
Source:
Joy-residential
Added: Oct 10
Changed: Oct 27
Last Checked: Oct 26 at 4:18PM
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 @properties Christie's International Real Estate
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1,997-square-foot duplex-up penthouse, built in 2005, has an open main-level living, kitchen, and dining area, along with two bedrooms and a full bathroom. The upper floor contains the primary bedroom and bathroom, which has a dual vanity, separate shower, and soaking tub. Outdoor areas include a west-facing balcony off the dining room and two roof decks, oriented east and west. Access is by stairs from the living room or elevator, with a rear entrance through the second or third bedroom. One tandem garage parking space is included.
The property is at Wolcott and Lincoln, near Trader Joe’s, Botanical Cafe, Mimi’s, and the Addison Brown Line station.
The property is at Wolcott and Lincoln, near Trader Joe’s, Botanical Cafe, Mimi’s, and the Addison Brown Line station.
Key Highlights
- 1,997 square feet; built in 2005
- Three bedrooms and two bathrooms across two levels
- Two roof decks with east- and west‑facing orientations, plus a west‑facing dining balcony
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,612
Cap Rate
4.37%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$612,240
$612.2K
Cap Rate 7%
$437,314
$437.3K
Cap Rate 9%
$340,133
$340.1K
Market Conditions
NOI Build-Up for 1,997 SF
Gross rent
$58.7K $29.40/SF
− Vacancy
−$3.1K −$1.53/SF
EGI
$55.7K $27.87/SF
− OpEx
−$25.0K −$12.54/SF
NOI
$30.6K $15.33/SF
Area
Chicago, IL
Vacancy
5.20%
Lease Rate
$29.40 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$612,240
Cap Rate 7%
$437,314
Cap Rate 9%
$340,133
Alternative Uses
Best Use
Apartment 5plus
$437.3K
$382.7K – $510.2K
NOI $30,612 @ 7.0% cap · market cap 4.37%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$941.6K
$823.9K – $1.10M
NOI $65,911 @ 7.0% cap · market cap 9.42%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
3,906
Businesses Nearby
Explore this area
Business Placement
Demographics for 60613, IL
53,048
Population
31,263
Households
1.7
Avg Household Size
34
Median Age
75%
College-Educated
97%
High-School Grad
2.3 sq mi
ZIP Area
23,064
Density / Sq Mi
$91,351
Median Household Income
$68,713
Median Earnings
$1,616
Median Rent
$397,800
Median Home Value
Frequently Asked Questions
What type of property is this?
Residential income property - Two roof decks and a west-facing dining balcony extend the unit’s usable outdoor space.
Where is this residential income property located?
The property is located at 3735 N Wolcott Avenue Unit 11 Chicago, IL.
What is the asking price?
The asking price for this property is $699,900.
What are key features of this property?
This property features: 1,997 square feet; built in 2005; Three bedrooms and two bathrooms across two levels; Two roof decks with east- and west‑facing orientations, plus a west‑facing dining balcony
