7923 S Wolcott Avenue Chicago, IL ^$ 589,900

7923 S Wolcott Avenue

^$ 589,900

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7923 S Wolcott Avenue

Chicago, IL, 60620

^$ 589,900

Bedrooms2 Baths0.0 Sq 8,499

Monthly Estimate*

^$ 3,725

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Multi-Family Home for sale in Chicago, IL

for $589,900 with 2 bedrooms. This 8,499 square foot home was built in 1929.

MOTIVATED SELLER. 6 unit value added opportunity. Well maintained owner occupied 6 unit building. Significant potential for increased income as units turn over. Building is 8,499 square feet on a 6,200 lot. Units have 2 large bedrooms, 1 bath, spacious dining room and enclosed porch. Large unfinished basement. 4 car brick garage with new roof (2024) can produce additional income. Newer boiler (April 2026).

Multi-Family Active

Price

^$ 589,900

Bedrooms

Property Type

Multi-Family

Taxes

^$ 1,986

Style

Multi-Family

Year Built

1929

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12721951

Features

General

Sewer Public Sewer

Zoning MULTI

Construction Materials Brick

Year Built 1929

Electric Circuit Breakers

Tenant Pays Electricity

Stories Count 3

Tax Year 2024

Current Use Multi-Family

Gross Income 54000

County Cook

Net Operating Income 38910

Operating Expense 22105

Insurance Expense 0

Property Type Commercial Sale Multi Family 5+

MaintenanceExpense 0

Status Active

Directions North or South on Damen Avenue to 80th street east to Wolcott north to address.

City Chicago

Number Of Units Total 6

MLS Area CHI - Auburn Gresham

Tax Annual Amount 1986.56

Electric Expense 507

Fuel Expense 9255

Trash Expense 2809

Water Sewer Expense 2519

Additional Parcels Y/N N

Standard Status Active

Interior

Basement Unfinished Storage Space

Exterior

Water Source Municipal Water

Building Area Total 8499

Lot Dimensions 6200

Lot Size Acres 0

* Excluded Features

List By

Brakie Realty, Inc.

Broker

jetaunm@yahoo.com

Affordability Calculator

$3,890

Per Month

Monthly Principal & Interest: $3,725
Monthly Property Taxes: $166
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Chicago, IL

Average List Price ^$645,840

Percent of Sale Price 9%

About Chicago, IL

2,755,380 Population

-4% Since 2002

^$53,088 Median Income

36.07 Median Age

25% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

565567 Elementary School

567955 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
9/23/2026	$589,900	-9.23%	Price Down
8/3/2026	$649,900		Listed Price

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7923 S Wolcott Avenue, Chicago, IL, 60620 is a Multi-Family Home for sale at $589,900 with 8,499 sqft. 7923 S Wolcott Avenue has 2 bedrooms, 0.0 baths, and was built in 1929. The property's zip code is 60620 which is in Chicago, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Data is updated as of 10/4/2026.

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7923 S Wolcott Avenue

Multi-Family Home for sale in Chicago, IL

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