4140 W Wilcox St Chicago, IL 60624
Garfield Park NeighborhoodEstimated payment $3,766/month
Highlights
- Gated Community
- Greystone Architecture
- Paved or Partially Paved Lot
- Property is near park
About This Home
Turnkey 3-unit multifamily property for sale in West Garfield Park featuring modern updates, spacious layouts, and strong investment potential. This brick building includes 9 bedrooms, 3 full bathrooms, and 2 half bathrooms, Perfect for an owner-occupant or investor. Live in one unit and let the other two cover your mortgage, or rent all units for strong cash flow. Each unit offers updated kitchens and appliances, renovated bathrooms, high ceilings, and large living spaces filled with natural light. The finished basement provides additional usable space, increasing rental flexibility. Located in a growing Chicago neighborhood, this income-producing property is a prime opportunity. This property is few blocks from the CTA Line and the Eisenhower (I-290) expressway, providing easy access to Garfield Park and a quick drive to downtown, Lake Michigan, and the United Center! Schedule your showing today. Motivated Seller. Bring your best offer. Schedule a showing today. Rental demand for 4-bedroom and 2-bedroom units in the area remains strong, making this an opportunity you don't want to miss. This property qualifies for the Chicago Neighborhood Recovery Program (CNRP) for DPA.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,950
Year Renovated
- 2023
Lot Details
- 2,614 Sq Ft Lot
- Lot Dimensions are 25 x 122
- Paved or Partially Paved Lot
Home Design
- Greystone Architecture
- Stone Siding
Bedrooms and Bathrooms
- 9 Bedrooms
- 9 Potential Bedrooms
- 5 Bathrooms
Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
Parking
- 2 Parking Spaces
- Parking Available
- Off Alley Parking
- Parking Included in Price
Additional Features
- Property is near park
- Heating System Uses Natural Gas
Community Details
Building Details
- Insurance Expense $2,831
- Water Sewer Expense $420
- Gross Income $21,600
- Net Operating Income $18,349
Additional Features
- 3 Units
- Gated Community
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $1,905 | $44,386 | $4,386 | $40,000 |
| 2024 | $1,905 | $44,386 | $4,386 | $40,000 |
| 2023 | $1,857 | $9,000 | $3,554 | $5,446 |
| 2022 | $1,857 | $9,000 | $3,554 | $5,446 |
| 2021 | $1,816 | $8,999 | $3,554 | $5,445 |
| 2020 | $2,169 | $12,805 | $3,554 | $9,251 |
| 2019 | $2,242 | $14,552 | $3,554 | $10,998 |
| 2018 | $2,203 | $14,552 | $3,554 | $10,998 |
| 2017 | $3,308 | $18,690 | $3,176 | $15,514 |
| 2016 | $3,243 | $18,690 | $3,176 | $15,514 |
| 2015 | $2,944 | $18,690 | $3,176 | $15,514 |
| 2014 | $2,714 | $17,197 | $3,025 | $14,172 |
| 2013 | $3,128 | $17,197 | $3,025 | $14,172 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 06/13/2026 06/13/26 | Pending | -- | -- | -- | |
| 06/09/2026 06/09/26 | Price Changed | $559,000 | -1.8% | -- | |
| 05/27/2026 05/27/26 | For Sale | $569,000 | +21.1% | -- | |
| 11/30/2023 11/30/23 | Sold | $470,000 | +4.4% | $175 / Sq Ft | View Prior Sale |
| 10/31/2023 10/31/23 | Pending | -- | -- | -- | |
| 10/27/2023 10/27/23 | For Sale | $450,000 | 0.0% | $167 / Sq Ft | |
| 10/27/2023 10/27/23 | Price Changed | $450,000 | +5.9% | $167 / Sq Ft | |
| 10/03/2023 10/03/23 | Pending | -- | -- | -- | |
| 09/27/2023 09/27/23 | For Sale | $425,000 | +329.3% | $158 / Sq Ft | |
| 10/23/2020 10/23/20 | Sold | $99,000 | -1.0% | $37 / Sq Ft | View Prior Sale |
| 09/19/2020 09/19/20 | Pending | -- | -- | -- | |
| 09/16/2020 09/16/20 | For Sale | $99,999 | +53.8% | $37 / Sq Ft | |
| 03/04/2020 03/04/20 | Sold | $65,000 | -18.8% | $24 / Sq Ft | View Prior Sale |
| 02/26/2020 02/26/20 | Pending | -- | -- | -- | |
| 02/17/2020 02/17/20 | For Sale | $80,000 | 0.0% | $30 / Sq Ft | |
| 12/16/2019 12/16/19 | Pending | -- | -- | -- | |
| 06/21/2019 06/21/19 | For Sale | $80,000 | -- | $30 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12660110
APN: 16152060300000
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Ask me questions while you tour the home.