HOT INVESTMENT OPPORTUNITY NEAR $7B DEVELOPMENT! This lovely, 2-unit brick building in the heart of East Garfield Park is a must-see for investors or savvy house hackers! Renovated in 2017 and nestled on a quiet, tree-lined street, this property offers a fantastic opportunity in a rapidly appreciating neighborhood near the United Center and Chicago's massive $7 billion redevelopment project. Unit 1 features 3 bedrooms and 1 bathroom with updated flooring and finishes throughout. Unit 2 boasts 4 bedrooms and 2 bathrooms, offering spacious living areas and great natural light. With one unit currently vacant and the other owner-occupied, this property is perfect for those looking to live in one unit while renting out the other, creating a steady income stream. Location is key! You'll be steps away from shopping, schools, highways, and public transportation, with easy access to the exciting growth and transformation happening nearby. Whether you're a first-time buyer or seasoned investor, this property is poised to deliver strong returns. Don't miss out on your chance to own in one of Chicago's hottest areas-schedule your showing today!
Closed
$450,000
2851 W Wilcox St, Chicago, IL 60612
7beds
--sqft
Multi Family
Built in 1892
-- sqft lot
$525,100 Zestimate®
$--/sqft
$1,885 Estimated rent
Home value
$525,100
$488,000 - $562,000
$1,885/mo
Zestimate® history
Owner options
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$3,195/mo
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Zillow last checked:
Listing updated:
Listed by:
Brandi Hampton, ABR,MRP,PSA,SFR 630-538-7928,
Dream Town Real Estate
Bought with:
Clarissa M Vega
Avenue Properties Chicago
Source: MRED as distributed by MLS GRID,MLS#: 12148140
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Natural Gas, Forced Air
Features
- Basement: Unfinished,Full
Property
Parking
- Total spaces: 2
- Parking features: On Site, Owned
Lot
- Size: 3,049 Square Feet
- Dimensions: 25X124
Details
- Parcel number: 16131110040000
- Zoning: MULTI
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick
- Roof: Flat
Condition
- New construction: No
- Year built: 1892
- Major remodel year: 2017
Utilities & green energy
- Sewer: Public Sewer
- Water: Lake Michigan
Community & HOA
Community
- Features: Curbs, Sidewalks, Street Lights, Street Paved
- Security: Carbon Monoxide Detector(s)
Location
- Region: Chicago
Financial & listing details
- Tax assessed value: $360,000
- Annual tax amount: $3,387
- Date on market: 9/6/2024
- Listing terms: Conventional
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 10/11/2024 | Sold | $450,000 |
Source:  MRED as distributed by MLS GRID #12148140 Report a problem | ||
| 9/10/2024 | Contingent | $450,000 |
Source: MRED as distributed by MLS GRID #12148140 Report a problem | ||
| 9/6/2024 | Listed for sale | $450,000+12.6% |
Source: MRED as distributed by MLS GRID #12148140 Report a problem | ||
| 5/20/2022 | Sold | $399,500 |
Source: MRED as distributed by MLS GRID #11359547 Report a problem | ||
| 4/10/2022 | Contingent | $399,500 |
Source: MRED as distributed by MLS GRID #11359547 Report a problem | ||
| 3/29/2022 | Listed for sale | $399,500+59.9% |
Source: MRED as distributed by MLS GRID #11359547 Report a problem | ||
| 9/20/2018 | Listing removed | $249,900 |
Source: Homesmart Connect LLC #10016689 Report a problem | ||
| 8/4/2018 | Pending sale | $249,900+6.3% |
Source: Homesmart Connect LLC #10016689 Report a problem | ||
| 8/1/2018 | Sold | $235,000-6% |
Source: Public Record Report a problem | ||
| 7/30/2018 | Listed for sale | $249,900 |
Source: Homesmart Connect LLC #10016689 Report a problem | ||
| 7/25/2018 | Pending sale | $249,900 |
Source: Homesmart Connect LLC #10016689 Report a problem | ||
| 7/13/2018 | Listed for sale | $249,900+1149.5% |
Source: Homesmart Connect LLC #10016689 Report a problem | ||
| 10/24/2013 | Sold | $20,000-95.3% |
Source: Public Record Report a problem | ||
| 12/4/2007 | Sold | $425,000+13.3% |
Source: Public Record Report a problem | ||
| 5/19/2006 | Sold | $375,000+27.1% |
Source: Public Record Report a problem | ||
| 5/2/2005 | Sold | $295,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | -- | $36,000 +125% |
| 2023 | $3,387 +2.6% | $15,999 |
| 2022 | $3,302 +2.3% | $15,999 |
| 2021 | $3,228 -16.1% | $15,999 -7% |
| 2020 | $3,846 -2.4% | $17,205 -12% |
| 2019 | $3,941 +1.7% | $19,552 |
| 2018 | $3,875 -16.4% | $19,552 -8.9% |
| 2017 | $4,635 +7.9% | $21,458 |
| 2016 | $4,298 +9.3% | $21,458 |
| 2015 | $3,932 +8.8% | $21,458 +10.1% |
| 2014 | $3,615 +2% | $19,486 |
| 2013 | $3,544 +1.4% | $19,486 |
| 2012 | $3,497 -7.8% | $19,486 -16.7% |
| 2011 | $3,793 -0.4% | $23,406 |
| 2010 | $3,809 +4.4% | $23,406 |
| 2009 | $3,650 -9% | $23,406 -16.3% |
| 2008 | $4,010 +1% | $27,952 |
| 2007 | $3,970 -1.1% | $27,952 |
| 2006 | $4,013 +34.3% | $27,952 +52.9% |
| 2005 | $2,987 +1% | $18,280 |
| 2004 | $2,957 +2.2% | $18,280 |
| 2003 | $2,893 +52.8% | $18,280 +73.4% |
| 2002 | $1,894 +28.4% | $10,540 |
| 2001 | $1,475 +154.8% | $10,540 |
| 2000 | $579 +1.5% | $10,540 +110.3% |
| 1999 | $570 | $5,012 |
Find assessor info on the county website
Neighborhood: East Garfield Park
Nearby homes
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Nearby schools
GreatSchools rating
- 4/10Cather Elementary SchoolGrades: PK-8Distance: 0.3 mi
- NAMarshall Metropolitan High SchoolGrades: 9-12Distance: 0.4 mi
Schools provided by the listing agent
- District: 299
Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$525,100
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$525,100
- Illinois
- Cook County
- Chicago
- 60612
- East Garfield Park
- 2851 W Wilcox St
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