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5148 South Wolcott Avenue, Chicago, IL, 60609
Legal 3-Unit Residential Income Property

5148 South Wolcott Avenue Chicago, IL 60609

For Sale
$435,000

Well-maintained legal three-unit building with detached two-car garage, featuring a mix of 2-bedroom and 1-bedroom units.

Days on Market40

Property Features for 5148 South Wolcott Avenue

General Information

Standard status
Active
Property subtype
Two to Four Units / 3 Flat

Building Details

Year Built
1907
Listing Agency: Fulton Grace Realty
Listed By: Tanya Samoylovich · License #475200477
Source: Compass
Added: Jun 15 Changed: Jul 21 Last Checked: Jul 23 at 9:11AM

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 Fulton Grace Realty


Investment Insights

Based on property information with market context.

This solid legal 3-unit residential income property offers a versatile layout across three separate living spaces. The unit mix includes both 2-bedroom and 1-bedroom configurations, plus a finished basement unit and a partially framed attic, adding flexibility to the overall building setup. The property is described as well-maintained and includes a detached 2-car garage.

Located on a residential block in Chicago’s Back of the Yards neighborhood, the home is positioned just steps from 51st Street and Damen Avenue, providing convenient access to public transportation, local shops, and everyday amenities.

With multiple levels and a mix of unit types already in place, this building is designed to support rental-focused living arrangements within a straightforward three-unit framework.

Key Highlights

  • Legal 3‑unit building with a well‑maintained interior and separate living spaces in each unit
  • Unit mix includes 2‑bedroom and 1‑bedroom layouts
  • Includes a finished basement unit and a partially framed attic for additional usable space

Property Analytics

Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Real Estate Agency Law Firm Skin Care Clinic (Bike/Boat/Book/etc) Store Gym & Fitness Center Computer & Electronic Repair Dental Office Acupuncture Catering Service Tech Support Center

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

FAQs

What type of property is this?
Triplex - Well-maintained legal three-unit building with detached two-car garage, featuring a mix of 2-bedroom and 1-bedroom units.
Where is this triplex located?
The property is located at 5148 South Wolcott Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $435,000.
What are key features of this property?
This property features: Legal 3‑unit building with a well‑maintained interior and separate living spaces in each unit; Unit mix includes 2‑bedroom and 1‑bedroom layouts; Includes a finished basement unit and a partially framed attic for additional usable space
More about this property
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