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Michael Schatz

Engel & Völkers

[email protected] +1(312) 961-4450

$ 160,000

Est. payment -/mo

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7505 S Wolcott AVE Chicago, IL 60620

5 Beds

4 Baths

3,300 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Detached Single

Listing Status Active

Purchase Type For Sale

Square Footage 3,300 sqft

Price per Sqft $48

MLS Listing ID 12379720

Bedrooms 5

Full Baths 4

Year Built 1926

Annual Tax Amount $1,477

Tax Year 2023

Lot Dimensions 0.086

Property Sub-Type Detached Single

Property Description

Incredible opportunity to own a 5 BEDROOM, 4 BATHROOM home with over 3,000 SQ FT of potential living space on a GREAT BLOCK - all for a FRACTION OF THE ARV. Perfect for INVESTORS or FHA 203K HOMEBUYERS, this renovation project offers the ideal canvas to create your dream home or a high-return flip. Highlights include a desirable OPEN-CONCEPT LAYOUT, FIRST-FLOOR BEDROOM AND FULL BATH, a spacious PRIMARY SUITE WITH ENSUITE BATH AND WALK-IN CLOSET, and a finished BASEMENT WITH FAMILY ROOM, BEDROOM, AND LAUNDRY ROOM. Enjoy an ENCLOSED BACK PORCH and an existing 2-CAR GARAGE. Best of all, PLANS TRANSFER WITH THE SALE, saving you time and money. Recent COMPS IN THE AREA SOLD FOR $440K IN MAY 2025, proving the strong resale value. With solid structure and major potential, this is a smart buy in a thriving neighborhood.

Location

State IL

County Cook

Area Chi - Auburn Gresham

Rooms

Basement Unfinished, Daylight

Interior

Heating Natural Gas

Cooling None

Fireplace N

Exterior

Exterior Feature Balcony

Garage Spaces 2.0

Community Features Park, Curbs, Gated, Sidewalks, Street Lights, Street Paved

Building

Dwelling Type Detached Single

Building Description Brick, No

Sewer Public Sewer

Water Public

Structure Type Brick

New Construction false

Schools

School District 299 , 299, 299

Others

HOA Fee Include None

Ownership Fee Simple

Special Listing Condition None

Listed by Kenya Hunter • KBM Realty

Michael Schatz

+1(312) 961-4450

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