4831 Wright Terrace Skokie, IL $ 649,000
4831 Wright Terrace
$ 649,000
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4831 Wright Terrace

Skokie, IL, 60077
$ 649,000
Bedrooms8 Baths1.0 Sq 2,400

Monthly Estimate*

$ 3,996

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Multi-Family Home for sale in Skokie, IL

for $649,000 with 8 bedrooms and 1 full bath. This 2,400 square foot home was built in 1927.

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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Multi-Family Active

Price

$ 649,000

Bedrooms

8

Full Bath

1

Property Type

Multi-Family

Taxes

$ 13,723

Style

Year Built

1927

Town/City

Skokie

County/Region

Cook

MLS | Web ID

12653153

Features
General
Sewer Storm Sewer
Heating Radiant
Possession Closing
Garage Spaces 2
Construction Materials Brick
Year Built 1927
Township Niles
Tax Year 2023
Ownership Fee Simple
County Cook
New Construction N
Property Type Residential Income Two to Four Units
Total Rooms 12
Status New
Directions Merge onto IL-58 E/Dempster Street turn right onto Skokie Blvd turn right onto Wright Terrace destination will be on the left.
City Skokie
High School District 219
MLS Area Skokie
Tax Annual Amount 13723
Standard Status Active
Middle/Junior School District 69
Elementary School District 69
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Interior
Basement Finished Full
Total Bedrooms 8
Total Baths 1
Bedrooms Possible 8
Full Baths Building 1
Half Baths Building 0
Total Number of Units 2
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Exterior
Parking Features Yes Garage Owned Detached Garage
Water Source Public
Total Parking 2
Lot Dimensions 30x124
Waterfront Y/N N
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* Excluded Features
List By
Baird & Warner

Broker

sheila.price@bairdwarner.com

Email

Affordability Calculator

$5,140
Per Month
78%
22%
0%
Monthly Principal & Interest
$3,996
Monthly Property Taxes
$1,144
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
565677 Elementary School
566044 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/1/2026$649,000 Listed Price

Map


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4831 Wright Terrace, Skokie, IL, 60077 is a Multi-Family Home for sale at $649,000 with 2,400 sqft. 4831 Wright Terrace has 8 bedrooms, 1.0 baths, and was built in 1927. The property's zip code is 60077 which is in Skokie, IL