1114 N Wolcott Avenue, Chicago, IL 60622 - Photo 1

1/1

$2,200,000

Sold
Closed
Commercial
6 Sq. Ft.

1/1

Property Description

Step into a prime investment opportunity with this elegant and recently rehabbed 8 unit building, nestled on a picturesque, tree-lined street in the highly sought-after Wicker Park neighborhood. Just minutes from the CTA Blue Line and 90/94 this location is nestled right in the heart of Chicago's highly coveted Division Street. This building is a standout choice for savvy investors seeking steady cash flow and with room to increase rents further.

Full Property Details

Full Property Details for 1114 N Wolcott Ave

General

Sold For: $2,200,000
Taxes: $33,020 (2023)
Status: Closed
Type: Commercial
Source: MRED
MLS ID: 12151825
Added to Site: 478 day(s) ago

Location

Area: CHI - West Town
County: Cook
Driving Directions: Damen to Augusta - go east to Wolcott - go south.

Heating & Cooling

Heating Type: Gas, Wall Unit, Separate per Unit

Structural Information

Exterior Const.: Brick
Stories/Levels: 3
Square Feet: 6
Year Built: 1899
Built Before 1978: Yes

Unit Information

Units w/Refrigerators: 6
Units w/Range/Oven: 8
# Dryers: 2

Lot Features

Lot Size (Acres): 0.07
Lot Dimensions: 25 x 125
Frontage: City Street
Zoning: MULTI

Financial Considerations

Operating Expenses: $63,778
Assessment Year: 1899
Tax Amount: $33,020
Tax Year: 2023
Tenant Pays: Electricity, Heat

Disclosures and Reports

Property ID: 17064010380000

Listed by Compass
Sold by @properties Christie's International Real Estate

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— 1114 N Wolcott Ave —

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Schools

Schools serving 1114 N Wolcott Ave

School District:Chicago Public School District 299

Name	Grades	Distance
Pritzker Elementary School 2009 West Schiller Street, Chicago, IL 60622	K-8	0.4 mi
Wells Community Academy High School 936 North Ashland Avenue, Chicago, IL 60622	9-11	0.4 mi

Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1114 N Wolcott Ave

Date

Details

Price

Change

Source

12/30/2024

Sold

$2,200,000

-8.33%

MLS

9/25/2024

Listed

$2,400,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Beds
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Beds
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Total Baths
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1114 N Wolcott Avenue, Chicago, IL 60622 (MLS# 12151825) is a Commercial property that was sold at $2,200,000 on December 30, 2024. Want to learn more about 1114 N Wolcott Avenue? Do you have questions about finding other Commercial real estate for sale in West Town? You can browse all West Town real estate or contact a Coldwell Banker agent to request more information.

1114 N Wolcott Ave Chicago, IL 60622