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Renovated Two-Unit Brick Duplex
For Sale
$649,000

4831 Wright Terrace, Skokie, IL 60077

Each of the two flats has three bedrooms, separate living and dining rooms, and updated kitchen and bathroom finishes.

Property SizeContact for details
Days on Market66

Property Features for 4831 Wright Terrace

General Information

Standard status Active
Property subtype MULTI_FAMILY

Units

Unit Mix 2 x 3BR, 1 x 2BR
Multifamily Units 3

Additional Details

Public Transit Yes

Taxes and HOA fees

Annual Taxes $13,723

Building Details

Year Built 1927
Construction brick
Listing Agency: Compass
Listed By: Brad Lippitz Group
Source: Bradlippitz
Added: Aug 25 Changed: Oct 26 Last Checked: Oct 26 at 2:53PM

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 Compass

Rey
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Investment Insights

Based on property information with market context.

This brick duplex contains two upper-level flats, each arranged with three bedrooms, a living room, and a separate dining area. Both kitchens have cherry cabinets, stainless steel appliances, and granite countertops. The bathrooms have been refreshed, and hardwood flooring runs throughout the units.

The lower level adds a two-bedroom suite with a full bathroom, living room, and dedicated laundry room. A park sits directly behind the property, while public transportation and shopping are accessible nearby. The building dates to 1927.

Key Highlights

  • Two flats, each with three bedrooms, a living room, and a separate dining area
  • Lower‑level suite includes two bedrooms, a full bathroom, living room, and dedicated laundry room
  • Both kitchens feature cherry cabinets, stainless steel appliances, and granite countertops

Property Analytics

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Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

1,270
Businesses Nearby

Demographics for 60077, IL

28,856
Population
11,317
Households
2.5
Avg Household Size
43
Median Age
46%
College-Educated
92%
High-School Grad
4.2 sq mi
ZIP Area
6,870
Density / Sq Mi
$80,765
Median Household Income
$40,996
Median Earnings
$1,450
Median Rent
$327,400
Median Home Value
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Each of the two flats has three bedrooms, separate living and dining rooms, and updated kitchen and bathroom finishes.
Where is this duplex located?
The property is located at 4831 Wright Terrace Skokie, IL.
What is the asking price?
The asking price for this property is $649,000.
What are key features of this property?
This property features: Two flats, each with three bedrooms, a living room, and a separate dining area; Lower‑level suite includes two bedrooms, a full bathroom, living room, and dedicated laundry room; Both kitchens feature cherry cabinets, stainless steel appliances, and granite countertops
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