5254 W Wolfram St Chicago, IL 60641
Cragin NeighborhoodEstimated payment $7,778/month
About This Home
Larger yellow octagon 8 Unit Multi- Family brick building on the corner in Belmont Cragin. All eight apartments above the ground are good size apartments - Four are 2 Bedrm/1 Bath and another Four are 1 Bedrm/1Bath; and Three additional non-conforming/ not legalized Garden Units. Total of eleven units. It features three different layouts and size of large apartments. Hardwood floors throughout and a lot of closets including pantries. Some of the apartments have formal dining rooms. Two entries from W Wolfram St and N Lockwood Ave. Patio and 2 car brick garage on the back of the property. Newer (2017) Weil-McLain central boiler. Coin Laundry & individual storage lockers in the basement. Blocks from Bus public transportation **** Rare rental income producing property with an upside potential after some cosmetic updates. Currently there are 5 vacancies. Ask the Listing Agent. *****
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $14,890
Year Built
- Built in 1932
Lot Details
- 8,375 Sq Ft Lot
- Lot Dimensions are 67x125
Home Design
- Brick Exterior Construction
Interior Spaces
- 2-Story Property
Utilities
- Central Air
- Radiator
Community Details
- 8 Units
- Gross Income $90,000
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| 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 | $14,890 | $75,900 | $15,533 | $60,367 |
| 2024 | $14,890 | $75,900 | $15,533 | $60,367 |
| 2023 | $14,516 | $70,576 | $15,113 | $55,463 |
| 2022 | $14,516 | $70,576 | $15,113 | $55,463 |
| 2021 | $14,192 | $70,574 | $15,112 | $55,462 |
| 2020 | $14,149 | $63,514 | $15,112 | $48,402 |
| 2019 | $12,761 | $63,514 | $15,112 | $48,402 |
| 2018 | $12,546 | $63,514 | $15,112 | $48,402 |
| 2017 | $7,586 | $35,241 | $13,223 | $22,018 |
| 2016 | $7,058 | $35,241 | $13,223 | $22,018 |
| 2015 | $6,458 | $35,241 | $13,223 | $22,018 |
| 2014 | $6,316 | $34,039 | $13,223 | $20,816 |
| 2013 | $6,191 | $34,039 | $13,223 | $20,816 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/04/2025 11/04/25 | Price Changed | $1,250,000 | -7.4% | -- | |
| 10/28/2025 10/28/25 | For Sale | $1,350,000 | 0.0% | -- | |
| 10/22/2025 10/22/25 | Off Market | $1,350,000 | -- | -- | |
| 10/13/2025 10/13/25 | For Sale | $1,350,000 | 0.0% | -- | |
| 09/15/2025 09/15/25 | Off Market | $1,350,000 | -- | -- | |
| 08/19/2025 08/19/25 | For Sale | $1,350,000 | +59.8% | -- | |
| 01/16/2018 01/16/18 | Sold | $845,000 | -15.4% | -- | View Prior Sale |
| 10/29/2017 10/29/17 | Pending | -- | -- | -- | |
| 10/26/2017 10/26/17 | For Sale | $999,000 | 0.0% | -- | |
| 10/02/2017 10/02/17 | Pending | -- | -- | -- | |
| 09/05/2017 09/05/17 | For Sale | $999,000 | 0.0% | -- | |
| 08/23/2017 08/23/17 | Pending | -- | -- | -- | |
| 08/14/2017 08/14/17 | Price Changed | $999,000 | -9.1% | -- | |
| 07/18/2017 07/18/17 | For Sale | $1,099,000 | -- | -- |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12449197
APN: 13281290160000
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