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$435,000
Property Description
Don't miss this solid legal 3-unit building located in Chicago's rapidly developing Back of the Yards neighborhood. This well-maintained property offers a versatile layout ideal for both investors and owner-occupants alike. Each unit features separate living spaces, providing comfort and functionality. The building includes a mix of 2-bedroom and 1-bedroom units, along with a finished basement unit and a partially framed attic, creating multiple income streams and flexible living arrangements. Situated on a residential block just steps from 51st Street and Damen Avenue, the property offers convenient access to public transportation, local shops, and everyday amenities. The area continues to see growth, making this an excellent long-term investment opportunity. Additional highlights include a detached 2-car garage, strong rental potential, and easy commute.
Full Property Details
Full Property Details for 5148 S Wolcott Ave
General
- Price: $435,000
- Taxes: $6,196 (2025)
- Status: Active
- Type: Multi-Family
- Source: MRED
- MLS ID: 12691842
- Updated: 7/6/2026
- Added to Site: 9 day(s) ago
Interior
- Basement: Finished, F
Rooms
Bathrooms
- Total Bathrooms: 5
- Upper - Full Baths: 4
Bedrooms
- Total Bedrooms: 6
Parking
- Garage: Yes
- Garage Spaces: 2
- Total Spaces: 2
- Parking Features: Yes, Garage Owned, Detached, Garage
Location
- Area: CHI - New City
- County: Cook
- Township: South Chicago
- Driving Directions: Located just off 51st Street and Wolcott Avenue.
School Information
- School District: 299
- Elem School District: 299
- Midd School District: 299
- High School District: 299
Heating & Cooling
- Heating Type: Forced Air
Utilities
- Sewer: Public Sewer
- Water: Lake Michigan
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Basement: Yes
- Basement Desc.: Finished, Full
- Year Built: 1907
- Built Before 1978: Yes
Unit Information
- Units in Building: 3
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 3049
Financial Considerations
- Assessment Year: 1907
- Tax Amount: $6,196.65
- Tax Year: 2025
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 20074010430000
Listed by Fulton Grace Realty
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Schools
Schools serving 5148 S Wolcott Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Fulton Elementary School, Chicago, IL 5300 South Hermitage Avenue, Chicago, IL 60609 | PK-8 | 0.3 mi |
Tilden Career Communty Academy High School 4747 South Union Avenue, Chicago, IL 60609 | 9-12 | 1.6 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 5148 S Wolcott Ave
Date
Details
Price
Change
Source
6/30/2026
Listed
$435,000
19.18%
MLS
7/27/2023
Sold
$365,000
—
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 5148 S Wolcott Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$491
—
$34,001
504%
2023
$491
7%
$5,631
—
2022
$457
-1%
$5,631
—
2021
$463
-40%
$5,631
-14%
2020
$767
-7%
$6,525
-13%
2019
$823
-10%
$7,500
-7%
2018
$914
-65%
$8,031
-47%
2017
$2,576
—
$15,263
—
2016
$2,574
10%
$15,263
—
2015
$2,333
3%
$15,263
4%
2014
$2,269
2%
$14,706
—
2013
$2,214
—
$14,706
—
2012
$2,209
—
$14,706
—
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 5148 S Wolcott Ave
5148 S Wolcott Avenue, Chicago, IL 60609 (MLS# 12691842) is a Multi-Family property with 3 units containing 6 bedrooms and 0 full bathrooms. 5148 S Wolcott Avenue is currently listed for $435,000 and was received on June 30, 2026. Want to learn more about 5148 S Wolcott Avenue? Do you have questions about finding other Multi-Family real estate for sale in New City? You can browse all New City real estate or contact a Coldwell Banker agent to request more information.
