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4831 Wright Terrace

Skokie, IL 60077
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Bed 8

Bed

Bath 1

Bath

A rare opportunity to own a renovated brick 2-flat. Live in one unit, rent the other, and let your tenants cover some of your expenses. If you are an investor seeking strong cash flow, this property delivers both lifestyle and financial value. The first and second floor units each offer three spacious bedrooms, generously sized living rooms, and separate dining areas - an inviting layout perfect for everyday living and entertaining. Both units have been upgraded with cherry kitchen cabinets, stainless steel appliances, and granite countertops, along with beautifully refreshed bathrooms and rich hardwood floors throughout, adding warmth and character to every room. The lower level has been transformed into a versatile in-law suite, featuring two bedrooms, a full bathroom, a living room, and a dedicated laundry room designed for both comfort and flexibility. Ideally situated just outside the city, the property offers easy access to public transportation, shopping, and everyday conveniences. A park directly behind the property provides a peaceful, natural backdrop, a welcome retreat from the pace of city life. This is a rare find that combines classic charm, modern finishes, and exceptional income potential. Schedule your showing today because opportunities like this don't last long.

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Detail Ic Property Details

Property Type : Residential Income

Price : $649,000

AD Id : 79828195

MLS Id : MRD12653153

Beds : 8

Year Built : 1927

Garage : 2

County : Cook

  • Map Map

Map

Feature Features

  • Bedroom Information

    Total Bedroom: 8

    Bathroom Information

    Total Baths: 1

    Room Information

    Rooms Total: 12
  • Flooring Information

    Construction Materials: Brick
  • Heating & Cooling

    Heating: Radiant WaterSource: Public

  • Building Information

    Year Built: 1927

  • Lot Information

    Lot Dimensions: 30x124 Lot Size: Less Than .25 Acre

    Property Information

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

  • Listing Price Information

    Original List Price:$649000

  • Tax Information

    Annual Tax: $13723 Tax Year: 2023 Parcel Number: 10212200180000

  • Parking Information

    Total Parking: 2 Yes, Garage Owned, Detached, Garage

    Garage Information

    Garage Space: 2

  • Utility Information

    Sewer: Storm Sewer Water Source: Public
  • Location Information

    City: Skokie Direction: Merge onto IL-58 E/Dempster Street, turn right onto Skokie Blvd, turn right onto Wright Terrace, destination will be on the left.
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Nearby Home Value

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5214 Galitz Street #205, Skokie, IL, 60077 $335,000 3 2 1,750 1,750 SqFt
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9530 Lamon Avenue #407, Skokie, IL, 60077 $350,000 2 2 1,662 1,662 SqFt
5055 Madison Street #402, Skokie, IL, 60077 $339,000 2 2 1,200 1,200 SqFt
9218 Lavergne Avenue, Skokie, IL, 60077 $430,000 3 2 1,450 1,450 SqFt
9655 Woods Drive #1602, Skokie, IL, 60077 $479,000 2 2 1,600 1,600 SqFt
5129 Crain Street, Skokie, IL, 60077 $529,999 4 2 2,300 2,300 SqFt
9523 Laramie Avenue, Skokie, IL, 60077 $531,900 3 3 2,174 2,174 SqFt
9539 Lorel Avenue, Skokie, IL, 60077 $549,900 3 2 2,824 2,824 SqFt
5115 Jarlath Avenue, Skokie, IL, 60077 $510,000 4 2 2,000 2,000 SqFt
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ByOwner last updated this listing 06/23/2026 @ 18:20

MLS: MRED #12653153 LISTED BY: Sheila Price, Baird & Warner 708-697-5900 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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