Pending

6640 S Wolcott Avenue

Chicago, IL 60636
Mark as Favorite
Bed 6

Bed

Bath 3

Bath

Acres0.09

Acre(Lot)

AS-IS. WHERE-IS. | This solid brick multi-family located at 6640 S. Wolcott Avenue in the Englewood community is officially on the market and awaiting a new owner ready to add value and unlock its full potential. The property is being sold strictly as-is, where-is, inclusive of any existing municipal violations, code compliance matters, and any pending requirements. | Buyer to assume responsibility for any violations and to perform their own due diligence regarding condition, zoning, and compliance status. | Due to the current condition of the property, a cash buyer is strongly preferred and would be optimal for a smooth transaction. | Current rents total approximately $1,300 per month between the Garden Unit ($425) and 1st Floor Unit ($850). With the vacant 2-bedroom unit on the 2nd flo or, there is future opportunity to increase income by at least $1,250 per month, with additional upside through value-add improvements. Each level offers 2 bedrooms and 1 bath, along with separate living room, dining room, and eat-in kitchen layouts that support strong rental appeal. The basement presents potential for tenant storage and common laundry to enhance income. The rear of the property includes an existing garage slab that could be repurposed into fenced, off-street parking for additional monthly revenue. Buyers should also explore the potential for ADU (Accessory Dwelling Unit) opportunities, subject to zoning, city approval, and compliance requirements, which could further maximize long-term cash flow. | Seller makes no representation as to the legality of the garden unit. An injunction affecting the property is referenced in the additional information section of the listing and must be reviewed by prospective buyers as part of their due diligence.

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Detail Ic Property Details

Property Type : Residential Income

Price : $149,900

AD Id : 75727793

MLS Id : MRD12580310

Beds : 6

Lot Size : 0.09 Acre

Year Built : 1907

County : Cook

  • Map Map

Map

Feature Features

  • Bedroom Information

    Total Bedroom: 6

    Bathroom Information

    Total Baths: 3

    Room Information

    Rooms Total: 9
  • Flooring Information

    Construction Materials: Brick
  • Heating & Cooling

    Heating: Radiant WaterSource: Public

  • Building Information

    Year Built: 1907

  • Lot Information

    Lot Dimensions: 25 X 125 Lot Acres: 0.09 Lot Size: Less Than .25 Acre

    Property Information

    Property Type: Residential Income Sub Type: Two to Four Units

  • Listing Price Information

    Original List Price:$149900

  • Tax Information

    Annual Tax: $738.04 Tax Year: 2023 Parcel Number: 20192250370000 Tax Exemption: None

  • Parking Information

    Is Parking Included in Price: Yes

  • Utility Information

    Sewer: Public Sewer Water Source: Public
  • Location Information

    City: Chicago Direction: 67th street to Wolcott ( one-way going north)
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ByOwner last updated this listing 06/16/2026 @ 06:20

MLS: MRED #12580310 LISTED BY: Cassandra Sneed, EXIT Strategy Realty 312-554-5478 SOURCE: Midwest Real Estate Data LLC (MRED) (Listings courtesy of Midwest Real Estate Data LLC (MRED) as distributed by MLS GRID)

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