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6-Unit Apartment Building
For Sale
$649,900

7923-25 S Wolcott Avenue, Chicago, IL 60620

Maintained multifamily property with enclosed porches, a brick garage, and an open basement.

Property Size8,499 SF
Lot Size0.14 Acres
Price / SF$76.47
Days on Market14

Property Features for 7923-25 S Wolcott Avenue

General Information

Standard status Active
Size 8,499 SF
Total Parking Spaces 4
Lot size 0.14 Acres
Property subtype Commercial
Zoning MULTI

Property Condition

Severity Minor
Evidence a few cosmetic updates

Units

Unit Mix 6 x 2BR/1BA
Multifamily Units 6

Taxes and HOA fees

Annual Taxes $1,986

Amenities

enclosed porch
newer boiler
aluminum window blinds
glass block windows

Building Details

Building Size 8,499 SF
Year Built 1929
Buildings 1
Stories 3
Units 6
Listing Agency: Brakie Realty, Inc.
Listed By: JeTaun Coleman
Source: Perillorealestategroup
Added: Aug 1 Changed: Aug 14 Last Checked: Aug 14 at 4:22AM

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 Brakie Realty, Inc.

Investment Insights

Based on property information with market context.

This 1929 multifamily building contains 6 units within 8,499 square feet on a 6,200-square-foot lot. Each apartment includes 2 bedrooms, 1 bathroom, a dining room, and an enclosed porch. The property is owner occupied and zoned MULTI.

Building improvements include a newer boiler, aluminum window blinds in every unit, and glass block windows in the lower units. A 4-car brick garage serves the property, while the open basement provides additional interior space. The building is located at 7923-25 S Wolcott Avenue in Chicago, Illinois 60620.

Key Highlights

  • 6‑unit apartment building with 8,499 square feet on a 6,200‑square‑foot lot
  • Each unit includes 2 bedrooms, 1 bathroom, a dining room, and an enclosed porch
  • 4‑car brick garage included with the property

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Skin Care Clinic Cafe & Coffee Shop Gym & Fitness Center

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

6
Residential units

Location Intelligence

Trade Area within ½ mile

843
Businesses Nearby

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

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

What type of property is this?
Apartment building - Maintained multifamily property with enclosed porches, a brick garage, and an open basement.
Where is this apartment building located?
The property is located at 7923-25 S Wolcott Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $649,900.
What are key features of this property?
This property features: 6‑unit apartment building with 8,499 square feet on a 6,200‑square‑foot lot; Each unit includes 2 bedrooms, 1 bathroom, a dining room, and an enclosed porch; 4‑car brick garage included with the property
More about this property
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