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$450,000 Just Listed
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Property Description
Welcome home to this spectacular 2-bedroom, 1-bathroom loft perched on the top floor of the iconic Candy Factory Condominiums in the heart of Ravenswood. Rarely available and impossible to replicate, this former candy factory conversion is the definition of one-of-a-kind Chicago living. Soaring 13-foot timber ceilings, exposed brick, wall-to-wall windows, and a wood burning fireplace create a warm, dramatic space that is equal parts character and comfort. The open-concept floor plan lives large, and the loft in the guest bedroom is perfect as a guest nook or private retreat. The kitchen and bathroom have been thoughtfully refreshed with modern choices, all while maintaining the character and uniqueness of the space. Additional highlights include hardwood floors, a tankless water heater, an updated washer and dryer, smart thermostat, and modern light fixtures throughout. Move right in and not have to touch a thing. Outside your door, a shared fenced-in side yard with a paver patio, grill, and gardening space offers a rare outdoor escape in the city. Storage and one exterior parking space are included. And the location could not be better: a true walker's paradise, just steps from the Ravenswood Metra, Winnemac Park, Mariano's, and some of the best dining and retail the neighborhood has to offer. Space like this, at this price point, does not come around often.
Full Property Details
Full Property Details for 5001 N Wolcott Ave #204
General
- Price: $450,000
- HOA FEE: $368/month
- Taxes: $6,340 (2024)
- Status: Active
- Type: Condo
- Source: MRED
- MLS ID: 12742585
- Updated: 8/28/2026
- Added to Site: 4 day(s) ago
Interior
- Basement: None
- Interior Features: Cathedral Ceiling(s), Storage
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Living Room, Wood-Burning
- Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
- Flooring: Hardwood
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 2
Additional Information
- Shared Amenities: Bike Room/Bike Trails, Storage, Security Door Lock(s)
- Other Features: School Bus Service, Commuter Bus, Commuter Train, Interstate Access
Parking
- Total Spaces: 1
- Parking Features: Asphalt, Assigned, Off-Alley, Off-Street, Yes, Owned
Location
- Area: CHI - Lincoln Square
- County: Cook
- Township: North Chicago
- Driving Directions: Damen to Winnemac west to Wolcott south to property (corner of Argyle & Wolcott)
School Information
- School District: 299
- Elem School District: 299
- Midd School District: 299
- High School District: 299
Community
- Assoc. Fees Include: Water, Parking, Insurance, Exterior Maintenance, Lawn Care, Scavenger
- Pets Allowed: Yes
- Pets: Cats OK, Dogs OK
- Pet Restrictions: Cats OK, Dogs OK, / 999lbs.
- Mgmt. Company: Hales Property Management
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Natural Gas, Forced Air
Utilities
- Sewer: Public Sewer
- Water: Lake Michigan
Structural Information
- Structure Type: Condo, Condo/Loft
- Construction: Brick
- Exterior Const.: Brick
- Basement Desc.: None
- Sub-Flooring: Hardwood
- Entry Floor Number: 2
- Stories/Levels: 2
- Square Feet: 1,063
- Sq. Ft. Source: Estimated
- Year Built: 1922
- Built Before 1978: Yes
- Remodeled/Updated: 2010
Unit Information
- Units in Building: 11
Lot Features
- Lot Dimensions: common
- Fence: Yes
- Fencing (Description): Fenced
Animals
- Animals Allowed: Cats OK, Dogs OK
Financial Considerations
- Association Fee: $368
- Assoc Fee Freq.: Monthly
- Parking Included: Yes
- Assessment Year: 1922
- Tax Amount: $6,340.55
- Tax Year: 2024
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Condo
- Special Conditions: List Broker Must Accompany
- Property ID: 14074120111009
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Schools
Schools serving 5001 N Wolcott Ave #204
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
McPherson Elementary School 4728 North Wolcott Avenue, Chicago, IL 60640 | K-8 | 0.3 mi |
Amundsen High School 5110 North Damen Avenue, Chicago, IL 60625 | 9-12 | 0.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5001 N Wolcott Ave #204
Date
Details
Price
Change
Source
8/25/2026
Listed
$450,000
27.84%
MLS
5/05/2021
Sold
$352,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 5001 N Wolcott Ave #204
Year
Property Taxes
Change
Tax Assessment
Change
2023
$5,720
—
$34,854
15%
2023
$5,720
3%
$30,425
—
2022
$5,554
-9%
$30,425
—
2021
$6,118
6%
$30,425
18%
2020
$5,751
—
$25,816
-9%
2019
$5,724
16%
$28,488
—
2018
$4,949
17%
$28,488
23%
2017
$4,246
3%
$23,101
—
2016
$4,127
10%
$23,101
—
2015
$3,752
-1%
$23,101
1%
2014
$3,783
2%
$22,958
—
2013
$3,697
1%
$22,958
—
2012
$3,672
—
$22,958
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 5001 N Wolcott Ave #204
5001 N Wolcott Avenue #204, Chicago, IL 60640 (MLS# 12742585) is a Condo property with 2 bedrooms and 1 full bathroom. 5001 N Wolcott Avenue #204 is currently listed for $450,000 and was received on August 25, 2026. Want to learn more about 5001 N Wolcott Avenue #204? Do you have questions about finding other Condo real estate for sale in Lincoln Square? You can browse all Lincoln Square real estate or contact a Coldwell Banker agent to request more information.

