Brick 3-Unit Apartment
New
For Sale
$465,000
7841 S Wolcott Avenue, Chicago, IL 60620
Each apartment offers three bedrooms with separate living and dining rooms, supported by individual mechanical and utility systems.
Property SizeContact for details
Days on Market4
Property Features for 7841 S Wolcott Avenue
General Information
Standard status
Active
Total Parking Spaces
3
Property subtype
MULTI_FAMILY
Units
Unit Mix
3 x 3BR
Multifamily Units
3
Taxes and HOA fees
Annual Taxes
$6,043
Building Details
Year Built
1932
Buildings
1
Construction
brick
Listing Agency:
Coldwell Banker Realty
(773) 510-5649
Listed By:
Brandon Banks · License #475192447
Source:
Dawnmckennagroup
Added: Aug 19
Changed: Aug 22
Last Checked: Aug 22 at 6:56AM
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 Coldwell Banker Realty
Investment Insights
Based on property information with market context.
This 1932 brick multifamily property contains three apartments, each with three bedrooms, a separate living room, and a separate dining room. The partially finished basement adds storage and utility space along with an additional bathroom, while a detached 3-car garage supports the property. Two apartments are occupied, and the third-floor unit is vacant.
Infrastructure includes three individual gas forced-air furnaces, upgraded electrical wiring, copper supply lines with unit-level shutoff valves, a newer 75-gallon hot-water tank, and separate gas and electric meters for each apartment. A fourth gas meter serves common areas. Further work includes vinyl flooring in all three units, newer windows throughout much of the building, roof maintenance, garage repairs, and replacement of the main water shutoff valve. The property is located at 7841 S Wolcott Avenue in Chicago, Illinois.
Infrastructure includes three individual gas forced-air furnaces, upgraded electrical wiring, copper supply lines with unit-level shutoff valves, a newer 75-gallon hot-water tank, and separate gas and electric meters for each apartment. A fourth gas meter serves common areas. Further work includes vinyl flooring in all three units, newer windows throughout much of the building, roof maintenance, garage repairs, and replacement of the main water shutoff valve. The property is located at 7841 S Wolcott Avenue in Chicago, Illinois.
Key Highlights
- Three 3‑bedroom apartments with separate living and dining rooms
- Two apartments occupied; vacant third‑floor unit
- Partially finished basement with additional bathroom
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
802
Businesses Nearby
Explore this area
Business Placement
Demographics for 60620, IL
66,514
Population
30,008
Households
2.2
Avg Household Size
41
Median Age
20%
College-Educated
88%
High-School Grad
7.0 sq mi
ZIP Area
9,502
Density / Sq Mi
$48,805
Median Household Income
$36,285
Median Earnings
$1,093
Median Rent
$187,900
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Triplex - Each apartment offers three bedrooms with separate living and dining rooms, supported by individual mechanical and utility systems.
Where is this triplex located?
The property is located at 7841 S Wolcott Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $465,000.
What are key features of this property?
This property features: Three 3‑bedroom apartments with separate living and dining rooms; Two apartments occupied; vacant third‑floor unit; Partially finished basement with additional bathroom
