4418 North Wolcott Avenue, Chicago, IL 60640
sale
$2,625,000
|
Other
Courtesy Of Compass
4414-4418 N. Wolcott. Rarely available multi-unit property in prime Ravenswood location. All unusually large apartments with formal living and dining rooms plus front sun rooms in 9 of the apartments. 4 one bedroom, 3 two bedroom and 3 three bedroom. Kitchens and baths updated in apartment grade finishes over the years when came vacant and if needed. Mostly all hardwood floors throughout. New roof on building and garages in 2019. New steam heating system installed 2018 Hot water tank 3-4 Years young. Rear porches have all been rebuilt and expanded giving every apartment a nice deck off the back of their unit overlooking the spacious green area of the large yard. Owner has maintained and managed this property for 50 years. Some long term tenants with room for rent increases. Fully rented gross income $189384. Net $155870. Cap rate 5.9.
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Property Features
- Age: Over 50 Years Old
- Amenities: Basement
- Appliance: Dryer
- Appliance: Range
- Appliance: Washer
- Architecture Style: Other
- Building Units: 10
- Exterior Type: Brick
- Exterior Type: Stone
- Floors: 3.0
- Heating Fuel: Natural Gas
- Heating System: Central Furnace
- Heating System: Steam
- Heating System: Radiator
- MLSID: 10916649
- Number of Rooms: 15
- Parking Spaces: 0
- Roof Type: Membrane
- Rooms: Basement
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