6640 S Wolcott Avenue, Chicago, IL 60636

This solid brick multi-family located at 6640 S Wolcott Avenue in the Englewood community is officially on the market and awaiting a new owner who's ready to add some love and unlock its true potential! The current rents total approximately $1,300/month between the Garden Unit ($425) and 1st Floor Unit ($850) - and with the vacant 2-Bedroom on the 2nd Floor, you can easily boost your income by at least $1,250/month right away! Each floor offers 2 bedrooms / 1 bath, plus a separate living room, dining room, and eat-in kitchen. With value-add updates, rents can be increased, and the basement presents potential for tenant storage + common laundry. The rear of the home features the existing garage slab - ready to be repurposed for fenced, off-street parking that can generate additional monthly income. Englewood is one of the 10 communities included in Chicago's INVEST South/West Corridor Improvement Initiative - signaling continued momentum and revitalization. This is the perfect time to … read more …