856 N Wolcott Avenue, Chicago, IL 60622
Local realty services provided by:CENTURY 21 New Heritage
856 N Wolcott Avenue,Chicago, IL 60622
$1,225,000
- 7 Beds
- 4 Baths
- - sq. ft.
- Multi-family
- Pending
Listed by: amit vyas
Office: mark allen realty era powered
MLS#:12603130
Source:MLSNI
Price summary
- Price:$1,225,000
About this home
Legal 4-unit building on a quiet, tree-lined street in the heart of Ukrainian Village/Wicker Park, offering a rare combination of strong in-place income with clear upside potential. The property consists of two front and two rear units, including three 2 bed/1 bath layouts and one 1 bed + den/1 bath, all thoughtfully maintained and continuously upgraded by ownership. Each unit features hardwood floors, stainless steel appliances, granite countertops, dishwashers, central HVAC, and in-unit laundry. Bedroom layouts are well-proportioned, comfortably accommodating queen-sized beds with additional furniture. Significant capital improvements include updated windows, refreshed interiors across multiple units, electrical updates to HVAC systems, and a recently sealed roof. Current owners continued to make additional improvements which include: Owners unit (#4) had a full bathroom remodel, pantry and linen closet installed, new washer and dryer, refreshed kitchen cabinets and updated electrical. Unit 2 had a kitchen refresh, cabinets painted, new washer and dryer installed, and pantry installed. Bathroom was also updated with new fan / extractor. Overall Building improvements include all ACs had their electrical updated, roof had new sealant layer installed, and repaired brick chimney. With lease expirations approaching, a new owner could reset rents and drive meaningful income growth post ownership. With lease expirations from June through September, new ownership is well-positioned to drive rental increases-either through renewals or new leasing-during Chicago's peak rental season in a highly sought-after location The building also features a large, full unfinished basement with additional coin-operated laundry and potential for further value creation, including duplex-down opportunities for the first-floor units. A brick 1.5-car garage (deep configuration) provides additional income or tenant convenience. Ideally located just steps from West Town's top dining, cafes, and retail, with convenient access to public transportation, expressways, and a short commute to the Wicker Park/Bucktown, West Loop and Fulton Market....
Contact an agent
Home facts
- Year built:1914
- Listing ID #:12603130
- Updated:April 07, 2026 at 03:45 AM
Rooms and interior
- Bedrooms:7
- Total bathrooms:4
- Full bathrooms:4
- Rooms Total:16
- Basement:Yes
- Basement Description:Full, Unfinished
Heating and cooling
- Heating:Natural Gas
Structure and exterior
- Roof:Rubber
- Year built:1914
Utilities
- Water:Lake Michigan
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,225,000
- Tax amount:$16,927 (2024)
Parking
- Total parking spaces:1
- Parking description:Detached Garage, Garage
- Garage:Yes
- Garage spaces:1
New listings near 856 N Wolcott Avenue
- Open Sat, 12 to 2pmNew
$1,050,000Active4 beds 4 baths3,100 sq. ft.1803 N Fairfield Avenue, Chicago, IL 60647
MLS# 12604596Listed by: COMPASS - New
$649,900Active6 beds 3 baths7713 W Forest Preserve Avenue, Chicago, IL 60634
MLS# 12610517Listed by: HOMETOWN REAL ESTATE - Open Sun, 11am to 1pmNew
$339,900Active2 beds 2 baths1,015 sq. ft.5320 N Sheridan Road #403, Chicago, IL 60640
MLS# 12611517Listed by: RE/MAX CITY - New
$285,000Active6 beds 3 baths2,800 sq. ft.3855 W 31st Street, Chicago, IL 60623
MLS# 12611574Listed by: YOU PROPERTIES LLC - New
$65,000Active2 beds 2 baths1,586 sq. ft.1142 E 81st Street #C, Chicago, IL 60619
MLS# 12597893Listed by: KELLER WILLIAMS PREFERRED RLTY - New
$790,000Active3 beds 3 baths2,244 sq. ft.221 E Walton Place #17E, Chicago, IL 60611
MLS# 12611584Listed by: RE/MAX PREMIER - New
$374,900Active3 beds 3 baths1,600 sq. ft.4316 S Michigan Avenue #3N, Chicago, IL 60653
MLS# 12611599Listed by: FULTON GRACE REALTY - New
$2,699,900Active6 beds 7 baths5,200 sq. ft.3920 N Bell Avenue, Chicago, IL 60618
MLS# 12611612Listed by: HOMESMART REALTY GROUP - New
$648,500Active4 beds 2 baths3,000 sq. ft.3312 N New England Avenue, Chicago, IL 60634
MLS# 12532273Listed by: COLDWELL BANKER REALTY - New
$160,000Active4 beds 2 baths1,035 sq. ft.8718 S Euclid Avenue, Chicago, IL 60617
MLS# 12609291Listed by: KBM REALTY