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Six-Unit Apartment Building with Garage
For Sale
$589,900

7923 S Wolcott Avenue, Chicago, IL 60620

The building includes spacious two-bedroom residences, enclosed porches, and a large unfinished basement.

Property Size8,499 SF
Lot Size0.14 Acres
Price / SF$69.41
Days on Market58

Property Features for 7923 S Wolcott Avenue

General Information

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

Additional Details

Multifamily Units 6

Taxes and HOA fees

Annual Taxes $1,987

Building Details

Year Built 1929
Buildings 1
Listing Agency: BRAKIE REALTY, INC.
Listed By: JETAUN COLEMAN
Source: Corcoran
Added: Aug 4 Changed: Sep 29 Last Checked: Sep 29 at 10:16AM

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 apartment building contains six units across 8,499 square feet on a 6,200-square-foot lot. Each residence has two large bedrooms, one bathroom, a dining room, and an enclosed porch. A large unfinished basement adds additional building space.

A four-car brick garage is part of the property, and its roof was replaced in April 2026. The building also has a newer boiler installed in 2024.

Key Highlights

  • Six apartment units in an 8,499‑square‑foot building
  • Each unit has two bedrooms, one bathroom, a dining room, and an enclosed porch
  • Property sits on a 6,200‑square‑foot lot

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
Rey
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Frequently Asked Questions

What type of property is this?
Multifamily property - The building includes spacious two-bedroom residences, enclosed porches, and a large unfinished basement.
Where is this multifamily property located?
The property is located at 7923 S Wolcott Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $589,900.
What are key features of this property?
This property features: Six apartment units in an 8,499‑square‑foot building; Each unit has two bedrooms, one bathroom, a dining room, and an enclosed porch; Property sits on a 6,200‑square‑foot lot
More about this property
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